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All Forum Posts by: Blaise Doremus

Blaise Doremus has started 5 posts and replied 8 times.

Yes, of course I know Austin, Tampa, Nashville, Denver, Boise, etc are the fastest growing US cities right now. But what do you real estate experts think is going to be the future Austin that will turn into a goldmine for real estate investors? One that’s still very cheap. Can you think of anything besides the expanding outskirts of current fast growing cities? 

Originally posted by @Matthew Dennehy:

Hi Blaise, welcome!  New Hampshire is a great market to be in.  there is plenty of opportunity for great, cash flowing properties. Portsmith itself is a very hot area, and there are also plenty of other surrounding areas where you can find great deals. 

Dover, Rochester, and Somersworth Will get you the most property for the cost. Anywhere else just outside of Portsmouth will have opportunity, and is especially nice if you want to owner occupy, but you will have to search a little bit harder to find it truly great deal. 

 Thank you, Matthew! 

Originally posted by @Jessica Stevenson:

Hi @Blaise Doremus - ditto what Matt said above.  NH is a great place to be in! Have you connected with a lender to confirm your purchase price?  

Lots of investors do prefer NH for the reasons you stated - more landlord friendly, more affordable pricing, and better cashflow.  Regarding foreclosures, keep in mind that many auctions are cash only, and present a much higher risk because many times you do not know what you're getting into and/or have very limited time for due diligence.  I have no context around if you are a brand new investor or not, but if you are a first time investor just keep that in mind.

I've spoken to real estate agents. No lenders, yet. Thanks for the advice! I'm still not sure where I'm going to be working. Hopefully close enough to NH and away from "socialist Massachusetts." 

North Shore Massachusetts or Southeast New Hampshire? North of Boston all the way up the coast to around the Portsmouth/Dover area - what is the hottest area to buy in for real estate investors right now? I'm thinking about buying a duplex or triplex, living in one unit, and renting out the other(s). I know that it's easier to be a landlord in NH and I really like Portsmouth. I'm going to keep my eyes open for foreclosures. 

I'm looking to buy something $500,000 max. I think buying in Boston or any of its bordering suburbs is too expensive. 

I'm considering purchasing a duplex or triplex house in southern New Hampshire or the North Shore of Massachusetts, living in one of the units, and renting out the other(s). Any advice on where to buy? $500,000 is my max. I think Boston and its bordering suburbs are too expensive for me. Not sure where I'm going to be working. 

It's also easier to be a landlord in New Hampshire, so I would prefer buying there. The Portsmouth, NH area looks good/growing. The further south I am, the better. I want to pay attention to foreclosures, which could be very cheap. 

Post: Idea for a Real Estate Website or App

Blaise DoremusPosted
  • Posts 8
  • Votes 3

Would you be concerned about a potential partner or python developer stealing your idea for a real estate website or app? Anything you could do to avoid this? Patent?

I don't think I'd be able to create a website/app myself.

Ever think about buying down south? Correct me if I'm wrong, but I think the population of Syracuse has been decreasing. Dallas, Houston, Austin, Atlanta, Tampa - all relatively cheap cities that are growing like crazy + less taxes. 

I thought of something useful that Zillow.com does not have and am thinking about creating a website or app. What would be my first step? I am not a computer geek. 

I do not want to share my idea.