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All Forum Posts by: Mark D.

Mark D. has started 15 posts and replied 24 times.

Post: Ben from Massachusetts

Mark D.Posted
  • Beverly, MA
  • Posts 25
  • Votes 4
Hey Ben :) Congrats on the sfh! What area of New England are you looking at? I'm currently renting a couple duplex. Over all a great experience. My only regret was not meeting with a lawyer that specializes in tenant / landlord issues. The layer I meet with gave me an outlined some basic information and that was it.

Post: Guests for over 45 days

Mark D.Posted
  • Beverly, MA
  • Posts 25
  • Votes 4
I just went through this same situation and regret letting the tenant allow a guest for a 'short time'. This sounds like trouble! Don't let them stay. I know that's sounds heartless but it will save you time and money in the future.

Post: East Boston / Chelsea

Mark D.Posted
  • Beverly, MA
  • Posts 25
  • Votes 4

I currently have a couple buy and hold rental properties in the North Shore of Boston. However I'm thinking it might be a good time to buy and hold in East Boston (eagle hill) or even Chelsea. 

The thing is that I've never bought a property that needs a lot of work. For example roofs, heating, kitchen etc. In this are of the city given the age of most of these homes. What should I be budgeting per unit. I would like to find a 3 family. I'm self employed so I can watch over the project b/c I have the time and flexibility in my schedule.

Has anyone invested in Chelsea? Is there a demand there for rentals? 

Any help would be greatly appreciated! 

Post: Newb in Boston Massachusetts

Mark D.Posted
  • Beverly, MA
  • Posts 25
  • Votes 4

Hey Greg! 

Welcome to BP...

I'm into buying and holding north of Boston at the moment. If you need any plumbers, carpenters, painters etc... feel free to reach out. I'm put together a good team up here. And would be happy to help out.