All Forum Posts by: Austin Negron

See all of you tomorrow! 

Hi tanner, this is an interesting idea. How did it turn out? 

I'm getting ready to drive down to Bethlehem, PA from Boston to spend the holidays with my family, but before I logged off for the next couple of days I wanted to wish my BP family a Happy Thanksgiving.  

This year has brought many blessings and a lot of them have come through meeting the people in the BP community. My favorite part of BP is that the community is extremely genuine, authentic, and always willing to provide a helping hand. I can't tell you all the endless laughs and memories I've made with so many of you, whether it was on zoom, a phone call, grabbing coffee, or around a firepit. I just wanted to share my gratitude and I can't wait to keep growing with all of you. 

As always, if you ever need me, I'm just a message away. 

Hey! You're all welcome to come to my Q&A tonight and ask me some questions about the art of the house-hack. See you there! 

#ballersonly #learnt

Donald Trump? Joe Biden?...Kanye West?! Either way, we're still investing in real estate! What's up, everyone. After a successful first investor meetup since coronavirus, we have no choice but to schedule Round #2. Same time, same place. Held on arguably the most beautiful farm in Massachusetts with unarguably the most beautiful people in Massachusetts, we are looking forward to getting together w/ everyone again to network and discuss our investing strategies. 

Allowed: Beer, Cigars, Real Estate Knowledge.

Not Allowed: You trying to sell me some multi-level marketing BS. We didn't have to throw anyone in the fire pit last time - but that doesn't mean we won't this time around!

On a serious note, we're pumped to get together again and feel free to message me if you have any questions. 

 

To my fellow engineers and young professionals - I am hosting a Q&A session to discuss any questions or hurdles you may be facing that are stopping you from beginning your real estate investing journey. I've helped a few people pull off the house-hack and I understand how intimidating making the first splash can be. So, bring all your stupid questions...I'm here to answer all of them, or at least point you in the right direction. 

Even if you don't have specific questions, I'll lay out the general premises of how to get things in motion and provide some helpful resources to get you more comfortable with the process. 

I promise I wont try to sell you some multi-level marketing BS - we'll save that for the wholesalers ;)

Contact me at [email protected] if you have any questions. See everyone soon!

I'm glad they both worked out well for you! I'm actually from Bethlehem so I know that area well. Very different and less competitive than Boston's market. But anyways, sending my best wishes from Boston!  

What's up everyone. Looking forward to seeing ya'll tomorrow. 

Hi David. This is an interesting response. First, to your point, I am both a realtor and investor but I am mostly an investor. Which market do you do your investing? I can almost say for certain that for beginner investors, there is very much an unwarranted stigma with listed properties, especially in the Boston area (I can't speak for other markets). I think this is in large part because of how the word "off-market" has become manipulated. A majority of the time in Boston, if you want to get an "off-market" deal, the asking price is higher than the price if/when they list the property because sellers know they can charge a premium for "off-market" in these hot areas - and this is misleading for beginners. 

This essentially defeats the purpose of off-market deals in the first place. I put off-market in quotes because they're not traditional off-market deals (where the investors are going straight to the seller) but rather a listing agent that is advertising their off-market listing to their list of 200 buyers. So in reality there's nothing off-market about these deals to begin with.

And of course, the ideal investment is acquiring a traditional off-market deal at a great discount to market value, however, generally speaking, people are just using the word off-market to get investors interested but still ask for an outrageous price. 

 This is a good point. From my experience, the real investors in the Boston area tend to have close to a 50/50 split between on and off-market.