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All Forum Posts by: Account Closed

Account Closed has started 5 posts and replied 24 times.

Post: Newb in Boston Area

Account ClosedPosted
  • Real Estate Agent
  • Quincy, MA
  • Posts 24
  • Votes 5

Yes, Mike. Master of None. At least till I figure out what really deserves all that time and effort.

I do intend to focus on the Commercial Flipping. What I'm trying to figure out is the way to automate the deal searching for those types of properties. I know people do creative things for residential but dont hear much on the other side.

I dont have the technical expertise to do anything creative but have those resources available. So if anyone has any ideas in that area, I'm open to hear your thoughts!

Thanks!

Post: Newb in Boston Area

Account ClosedPosted
  • Real Estate Agent
  • Quincy, MA
  • Posts 24
  • Votes 5

Thank you, kind sir.

Post: Newb in Boston Area

Account ClosedPosted
  • Real Estate Agent
  • Quincy, MA
  • Posts 24
  • Votes 5

Apologies for my ignorance, but what would be risky? Maybe I was confusing in what I wrote.

My part in this picture, to start, would just be using data to find his locations for new deals.  So that is just my time and effort to automate the location finding process.  He mostly buys in cash with a contingency for sourcing the tenant.  He pretty much already has the tenant contacts.  Its really about finding the right spots that is the limiter. 

I don't have the $ right now to get involved in the investing side to be taking any risk. :)

Post: Newb in Boston Area

Account ClosedPosted
  • Real Estate Agent
  • Quincy, MA
  • Posts 24
  • Votes 5

Greetings all! Apologies for the long message!

I cant say I'm a complete newb here as I've been reading articles and listening to podcasts for months.  Love the podcasts. Gives me something to learn from and listen to during commute and at work.  I am new to the forums though.  This is a bit of an intro and request for guidance in a certain area.

A little about me:  I always like to learn to keep the brain functioning. I never immerse myself in anything so much that I become an expert but I reinforce my jack of all trades mentality.  In recent months I have been engaged in learning about Forex, real estate, opportunities around RC Drones, and photography.

For obvious reasons, the potential in real estate is what puts it on top of my list. I have a close friend who has a small commercial real estate business.  He's pushed me to get my license because he doesn't really use a broker. I recently passed the MA exam but have yet to look to be sponsored.  Aside from his buy-and-hold properties, he started getting involved in what I call "flipping commercial".  Buy location, find national tenant, sell building + lease to REITs, investors, etc.

This leads me to the guidance part of my message.  Given my current job, I try to work harder, not smarter and use data to do work for me.  Most of the opportunities he's found have been as a result of driving around in the areas where he currently has a project.  I want to be able to use public data to identify opportunities. Started looking into MassGIS site and what ways to layer in other data to find "deal locations" for him.

Any guidance would be appreciated. Any networking and conversation with any of you would also be appreciated!

Thanks for taking the time to read.

EJ