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All Forum Posts by: John Beck

John Beck has started 2 posts and replied 19 times.

Post: How are the Numbers on this property?

John BeckPosted
  • Hudson, MA
  • Posts 22
  • Votes 12
Steve Candor - Where are you within the city? Shaun Reilly - Could probably chime in here.

Post: Newer member intro:

John BeckPosted
  • Hudson, MA
  • Posts 22
  • Votes 12
Geoff S. I've been following a lot of your posts already. We must have some of the same keywords setup. I'm an ex-maniac (Bangor) although I'll reside there again one day. Have you made any investments to date? I'll see ya around the BP community.

Post: Advice on an Inherited Property

John BeckPosted
  • Hudson, MA
  • Posts 22
  • Votes 12
It just depends where in northern Maine. Some people call Bangor northern Maine, when it's actually central. Anything North of Millinocket will take a special buyer or a sportsman who is purchasing for the land primarily. The tree harvest is an idea, not sure if the state still gives you a tax break there. You have to be careful though and make sure the ROI works in your/her favor. Gets expensive running equipment. Very few pulp mills left and they don't pay all that well per cord.

Post: Advice on an Inherited Property

John BeckPosted
  • Hudson, MA
  • Posts 22
  • Votes 12
Eric Belgau PM me with details Eric. Depending how far north it is, I have several resources.

Post: Florida Investors - Please educate me!

John BeckPosted
  • Hudson, MA
  • Posts 22
  • Votes 12
Adam Craig I just came across this through a search. $100k SFH is still a "go" in FL. You may have to compromise but look into NW Florida. I used to be stationed there while in the military and there will always be demand there due to the military bases themselves. Do a search radius around Eglin AFB, Hurlburt AAF, Tyndall AFB, Duke Air Field, Pensacola NAS. This will give you an idea of what I'm referring to. Having a rental around a military base is great, they're easy to fill with us GI's. I'd actually really zone in on Crestview. It's about 30 miles to the beaches of Destin, right off I-10, close to Duke Air Field, and the new Army SF Group Compound. Best of luck.

Post: Time shares your thoughts

John BeckPosted
  • Hudson, MA
  • Posts 22
  • Votes 12
Kevin Tarver I own two timeshares in Kissimmee. Like everyone has said, you can pick these up for nothing. I paid a resort $75 transfer fee on both. Both sellers paid all closing and Maintenance fees the first year. I have a floating week, and a deeded week. My deeded week is horrible. Luckily I can exchange these which people have referred to. To get a better idea google: Interval International or Dial an Exchange. These are who I use and it'll give you an idea at the exchanges you can trade for. I definitely don't see this as an investment though. Recreation only. Pay attention to maintenance fees, transfer costs, and closing costs. You'll be surprised of the initial costs for "1 week" if you don't do you due diligence.

Post: New Member from Westbrook, Maine

John BeckPosted
  • Hudson, MA
  • Posts 22
  • Votes 12
Welcome Drew MacDermott I'm originally from Maine as well and spent some quality time at U-Maine "recreationally". Where do you plan on moving to? Are you doing the property management on your Old Town rental by yourself? What's rent up there now? Welcome to the BP community. Some of the best info I get from the forums with searches or set up Keyword Alerts, and the Podcasts I found very informative. Best of luck to you.

Post: New from Boston - Maybe Heading to Central Florida

John BeckPosted
  • Hudson, MA
  • Posts 22
  • Votes 12
Jennifer Connolly I'm currently living in Hudson which is right on the line of Middlesex and Worcester County. Eastern Worcester county is a tough market. I've seen some deals in Clinton, but none I'd pull the trigger on. Best of luck to you.

Post: Palm Coast, FL

John BeckPosted
  • Hudson, MA
  • Posts 22
  • Votes 12
Palm Bay is nice. Like Jay said though - there's nothing in Palm Coast. I've traveled and had to do some work in the Melbourne area before - there is a large defense contracting community down there which stabilizes the economy. The original thread was about Palm Coast though. I really can't say much about it other than there is not much there.

Post: Fastest way to make money immediately

John BeckPosted
  • Hudson, MA
  • Posts 22
  • Votes 12

@Antonio Bodley

I was stationed in the panhandle of Florida and am quite familiar with parts of AL. Where are you located?

You still haven't stated your objective other than you're broke and need money fast. Are you expecting someone here to write you a check? Didn't you mention in an earlier thread that you have a down payment for a house saved up?

Like I mentioned in an earlier post, you need to square yourself away before you start a new venture. I mean that by mentally and financially. Nothing is easy in life and it takes sacrifice.

If you need cash - you have a ton of plantations and farms that could use a laborer in AL. Bartend/barback at a watering hole. That's cash in your pocket every night.

Real Estate Investing is not overnight, its not cheap, and it takes time.

You received a lot of great tips and advice from some BP veterans and I even took some mental notes on them. It seems that you're not open to anything or have a roadblock for everything that has been thrown at you. It's time to "fight or flight". I wish you the best, but it is time to get off the thread and do some soul searching.