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All Forum Posts by: Faraz Mog

Faraz Mog has started 3 posts and replied 3 times.

Hi,

We are considering turning one of our vacant apartments into a section 8 and was wondering if people can share their positive/negative experience. I have zero experience on section 8 so I have some questions. Any guidance is appreciated.

1. Can someone please explain the process or is there any resource to learn about this peocess? We have listed our property and people are sending inquiries saying that they are voucher holders from different housing authorities. Can we select any of them? Or should we first register with one housing authority and only accept tenants with vouchers from that housing authority?

2. Are there any requirements for eligibility? Like the apartment should be deleaded, etc? If so, where can I find the information?

3. Is there a difference between different housing authorities like Boston housing or Salem housing in terms of their rent rates and smoothness of process? If so, how can I find out which housing authority is good to work with?

Thank you all in advance!

Hi all, I’m new to real estate investing and am reading resources to learn more about multifamily investment. I live in Boston but recently learned that there are cities that may be better to in invest in compared to Boston metropolitan area like Worcester, Springfield, or Brockton. The reasons being better cash flow and potential for growth.  

1. I would appreciate any insight form anyone familiar with the MA real estate on these cities or any other cities in or around MA.

2. Are there any online resources that I can use to evaluate a city? For example to check their population growth, job growth, economic trends, occupancy, availability, rental rates, days on market, etc. so I can compare cities?

3. Is there any user friendly deal analyzer that I could use?


Any tips or resources is appreciated!

Hi all, I’m new to real estate investing and am reading resources to learn more about multifamily investment. I live in Boston and am interested in fourplexes under 2M (I want to do house hacking). There are some issues that I’m facing right now:

1. I’m not sure where I should look for properties. Redfin and Zillow barely have fourplexes. Loopnet and Crexi apparently are more focused on these types of properties but still want to see what resources other use to find deals. Also how to find foreclosed, off market etc.

2. Given the current market condition, how possible is it to find deals are cash flow positive at 100% occupancy in greater Boston area?


Any tips or resources is appreciated!