Skip to content
×
PRO
Pro Members Get Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
$0
TODAY
$69.00/month when billed monthly.
$32.50/month when billed annually.
7 day free trial. Cancel anytime
Already a Pro Member? Sign in here
Pick markets, find deals, analyze and manage properties. Try BiggerPockets PRO.
x
All Forum Categories
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

All Forum Posts by: Paul Donoghue

Paul Donoghue has started 1 posts and replied 100 times.

Post: likelyhood of actually receiving rent; via court

Paul DonoghuePosted
  • Real Estate Investor
  • Dracut, MA
  • Posts 104
  • Votes 35

Frank I would go to small claims fill out the paper work and provide his last know address. When you win the small claims court case you can go to the P.O and show them the case number and they will provide his forwarding address if he used one.

Rule of thumb, start the 14 day notice to evict when a tenant they are 3 - 5 days late paying rent. The process doesn't cost you and you can stop it when you want.

Post: Newbie Here

Paul DonoghuePosted
  • Real Estate Investor
  • Dracut, MA
  • Posts 104
  • Votes 35

Hi Sean,

I agree with Craig.
A lot of info with in BP and books.
I would reach out and ask for a mentor.

all the best.

I would keep the price the same as the local laundry mat. Tenant saves time by using yours verse driving the the street and hanging around. If the local laundry mat goes up you should adjust accordingly.

Post: Update - any feedback?

Paul DonoghuePosted
  • Real Estate Investor
  • Dracut, MA
  • Posts 104
  • Votes 35

Hi Sean,

Please keep me posted on your progress.
All the best.

Post: Ocean City Development Wakefield MA

Paul DonoghuePosted
  • Real Estate Investor
  • Dracut, MA
  • Posts 104
  • Votes 35

Ann-

Thank you for your reply. Paul

Post: Ocean City Development Wakefield MA

Paul DonoghuePosted
  • Real Estate Investor
  • Dracut, MA
  • Posts 104
  • Votes 35

Hi Justin,

You are correct. Thanks for the response.

Post: Ocean City Development Wakefield MA

Paul DonoghuePosted
  • Real Estate Investor
  • Dracut, MA
  • Posts 104
  • Votes 35

Anyone heard about Ocean City Development in Wakefield MA? They buy and flip properties in Ma. They are looking for real estate investors to loan funds for their real estate projects. Just wondering if anyone invested with them.

Post: Hello New Memeber

Paul DonoghuePosted
  • Real Estate Investor
  • Dracut, MA
  • Posts 104
  • Votes 35

Hi Frank,

The rents I quoted were section 8,and should be similar to the open rental market. You have to comply with section 8 annual inspection. Yes some of my properties are with section 8 and I am receiving good rents and on time most of the time.

I use to send the US post office a standard form showing I had and individual under court order to pay up and the US PO would provide me their present address.

How do you plan to collect if you do not have his current address?

The housing market is heating up. Interest rates are low and the supply of RE is low.

Post: Hello New Memeber

Paul DonoghuePosted
  • Real Estate Investor
  • Dracut, MA
  • Posts 104
  • Votes 35

Hi Frank,

Section 8 (CTI) has a website to list your vacancies.
You can advertise on Craigslist as well. I usually ask my tenants for a 60 day notice if they want to leave. This allows me time to show the property and reduces cash out of pocket.

Post: Hello New Memeber

Paul DonoghuePosted
  • Real Estate Investor
  • Dracut, MA
  • Posts 104
  • Votes 35

Hi Frank,

Did you go through the housing court to evict him?
If not, you have to go through small claims (Herd St Lowell MA).
Do you know where he presently resides?
Do you have a rental application with his signature?
Google AAA constable in Lowell to ask questions. They are pretty good and they do not charge.