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All Forum Posts by: Chris Connor

Chris Connor has started 3 posts and replied 10 times.

@Brian J Allen thank you for your feedback! Things are still up in the air but if I decide to pursue this opportunity I'll be sure to follow up with you.


Thanks! 

Hi Everyone!

I was wondering if someone could give me an estimate for how much it costs to build a duplex in Worcester, MA. I'm looking into building a duplex with a total square footage of roughly 2800. Both units would be on the higher end (granite counters in the kitchen and bath, hardwood floors throughout the house, stainless steel appliances, etc.). Any feedback on this would be much appreciated.

Thanks!

@Lien Vuong thank you for your feedback! Do you think it's best to be transparent with the buyers/sellers and let them know what I'm making off the deal? Or do you think it's fine to keep that confidential so long as all parties are happy with their deals?

@Charlie MacPherson thank you for your feedback! I'm new to wholesaling and was unaware of this law. I'll be sure to take the necessary steps to make any of my deals 100% legal.

Hi BP Community,

I was wondering if anyone had some advice regarding the price a wholesaler should charge for their assignment fee. Is there a formula people like to use, a percentage of the potential profit your buyer can make, or just a ballpark estimate based on the value of the property?

Thanks for your time and assistance!

Post: New Member In The Boston Area

Chris ConnorPosted
  • Posts 10
  • Votes 3

@Anthony Thompson thank you that's great feedback! I'll be sure to check those out.

Post: New Member In The Boston Area

Chris ConnorPosted
  • Posts 10
  • Votes 3

Hi @Lien Vuong, thanks for your warm welcome! My brother and I are looking to get started by wholesaling but we're also strongly considering fix and flips and long term rentals for multi family homes if we find the right deals. We're focusing on the Greater Boston Area and Providence, but we haven't narrowed our focus any further than that because of how new we are to investing. So for the time being we're getting our marketing out to both cities and hoping the responses we get will help us narrow our areas of focus.

We're also looking to get into short term rentals through websites like Airbnb, VRBO, etc. We've found a course that teaches us how to lease someone else's property and and use it for short term rentals. We think this could provide a lot of value to landlords who are struggling to fill their units.

Do you have any suggestions for REI groups in the area? I've checked out a few on meetup but if there are any that you find particularly helpful I'd love the chance to get involved.

Post: New Member In The Boston Area

Chris ConnorPosted
  • Posts 10
  • Votes 3

@Andrew Syrios, thank you much appreciated!

Post: New Member In The Boston Area

Chris ConnorPosted
  • Posts 10
  • Votes 3

Hi @Aaron Belt thanks for the warm welcome! 

Post: New Member In The Boston Area

Chris ConnorPosted
  • Posts 10
  • Votes 3

Hi BP Community!

My name is Chris, I'm new to real estate investing and would love the chance to chat with any experienced individuals in the area. If anyone has some helpful tips I'd be thrilled to hear from you. All advice is greatly appreciated.

Thanks for your time, I look forward to hearing from you!