All Forum Posts by: Mark D.

Thanks @jes

@Jessica Zolotorofe I'll give them a call!

Good morning :)

I'm looking for a recommendation on a surveyor on the North Shore of MA to conduct a instrument survey for a property in Salem MA. Everyone seems to be booked out 6-8 weeks. 

Any suggestions would be greatly appreciated.

Thanks! 

I'm having a hard time finding properties were I'm making 8% on my down payment in this area of the country. I would like to end up down there. A lot of the realtors I've talked to say " they are hard to come up", "there aren't very many of those", " people want SF". Those all sound like excuses to me. I'm looking for 3-6 unit buildings. Does anyone have experience in that area of the country with those types of buildings. 

I did find a duplex that does make 8% do these numbers look right? Could this be  property worth investing in? It's only a duplex so that is kind of concerning b/c it's so small when I'm trying to get into something bigger.

List / down payment

50,000 down payment

7,000 closing cost

57,00 Total down payment, and closing

Interest rate

5.0

25%

150k loan

30 years

1,162 monthly (including tax and insurance)

Gross Income

Unit 1 $925

Unit 2 $925

1,850 monthly

22,200 yearly

Expenses

1,785.00 tax (included in mortgage)

2,500 insurance (included in mortgage)

1,000 misc

800 Lawn

2,220 management

13,944 Mortgage monthly

17,964 Total Expenses

Net Income

4,236 Yearly

Net profit after all expenses and tax

4,236 Yearly Total = 8.2% return on your 50,000 investment

Hello,

I have a friend who has last signed a "Greater Boston Real Estate Lease" 9/1/15 the landlord didn't have her sign a new lease for 9/1/16. 

My question is there was no lease renewal on 9/1/16 it's a month to month situation with a 30 day notice correct? 

Any help would be appreciated.

Thank you!

Hey everyone :)

I'm looking for an easy spread sheet for a single family rental. Does anyone have a simple and straight forward sheet they could share?

Thanks,

Mark

Hey everyone :)

I currently have a couple properties on the the north shore. My full time job is photographing weddings (www.mark-davidson.com).

I'm looking to expand my network in the surrounding Boston area and at same build portfolio of images for my new website (BostonRealEstatePhotographer.com)

I'd like to offer up photography service for free / trade. I'll photography the property for you edit the images and in return I'll be able to use them on my site. I'm looking for high end luxury buildings, apartments, condos, house etc... 

If anyone is interested in a trade please let me know and we arrange something. 

Have a great day! 

Mark