All Forum Posts by: Enis Shehu

Hi Nate. We have a meetup networking event this Saturday in Medfield. It would be great if you can make it as we will go over this specific deal and it will give you a chance to network with other local investors. I'm happy to help in any way I can so feel free to reach out.

@Patrick Wheeler Congrats on this deal. I'm happy you got a good GC; that definitely makes life much easier.

I would like to come and take a look sometime.

@Daniel Pettit Check out Norfolk Kitchen & Bath in Braintree as well. They have a good selection and are reasonably priced. 

Hi @Kayla Collura

I took the class at the American Real Estate Academy in Waltham and they were great. As others have said, you might find a special on groupon.

Once you pass the exam you will need to hang the license at a broker's office. Let me know if you need any referrals on that.

Hope to meet you guys in Boston sometime.

Hi @Kylie Moore

The best way to get your feet wet is to get your real estate license and run comps on properties that you are interested in. Running comps and plugging the numbers on the bigger pockets calculator will prepare you for when a good deal shows up. Also connecting with local investors will motivate you and you will gain insights on local market. Search online for the following real estate networking groups: Black Diamond- Waltham, Metro West Real Estate Professionals - Framingham, Boston Real Connection, The Boston Investor networking event. Feel free to reach out with any questions. Best of luck

Hi @Taoufik K.

It really depends on the square footage of the apartment but I would say $80k-$100k most likely will cover it. But there are a lot of variables to really get you an exact number.

Let me know if I can help you with anything else.

Hi @Ailen Li I have had projects in Boston where we had to put in brand new kitchens and bath. Price on kitchen and bath will vary a lot based on the type of finishes you have, however $25k will be a ballpark price especially if it's a rental unit.

This is how the cost breaks down for us:

$5,500 white shaker cabinets

$3,200 granite

$1,300 kitchen installation

$3000 appliances

$5,000 plumber + electrician

$5,000 brand new bathroom including new flooring, tub and vanity, toilet, faucets, paint.

$2,000 demo, permit fee and miscellaneous items.

This is just a quick run down and like I said price will vary if you want to gut the whole place because at that point you have to add insulation etc.

Hope this is helpful. 

Feel free to reach out to me with any questions.

@Drew Denham That seems absurd. Here is Massachusetts I usually do half up front and half after job is done. I have also had a couple of roofers ask for all at completion of the job and nothing upfront.

Hi @Cory Nolan...Good to see someone local. There is a great event in Framingham every month where a bunch of real estate professionals get together. I highly recommend it as you will get energized and inspired from what others are doing and learn a lot of new things. Hope to meet you there

https://www.meetup.com/Real-Estate-Professionals-Of-Metro-West/events/244919929/

Hi @Elvis Methoxha

I have been investing in Boston for the past 3 years.

Your question of where to focus in Boston, really depends on your end goal. Are you looking for buy & holds or fix & flip? 

I'm personally against condos but that's just my opinion.

Talk soon