All Forum Posts by: James Federico

Contract has been renegotiated and I can assign for the total of $45,000. 

Welcome @Zachary Berwaldt.  BP is a great resource. The Posts, podcasts, webinars and Books are great!  If you every want to talk shop over coffee or a drink let me know.  I'm in Duxbury.

thanks for your interest everyone. I received a bunch of PMs and I'll go through them when I get from our ski trip in and few days, trying to stay disconnected a bit.

Cheers 

James

Hi everyone I'm putting together a social meet up on the South Shore (South of Boston) and reaching out to everyone on Bigger Pockets.  The meet up will be a monthly social where you can meet, chat, have some apps, drinks and build relationships. There is a nominal door fee that will help me cover part of the cost for food and location. There is a cash bar and full menu available.  More details about the monthly dates, time and locations will be email in the monthly reminder. 

If you would like to be included on the invite list please Private Message me with your name and email and I'll get you on the list. Then look for a message from The Investors Social Club when the invites go out. (I promise not to spam and only inform you on the details of the social.)

Cheers

James

Owner Lavic Properties and www.ineedtosellmy.house

Hi Tom.  I'm on the South Shore currently in Duxbury. They are pretty strict on rules regarding multi-unit/inlaw in this town. That said, a neighbor just put in an inlaw but could not add a kitchen(so just extra rooms with bathroom) Only way around that.

Too bad about Weymouth, it has been getting worst over the years. My brother was on the police department there and my uncle still is. I also ran the Security Department at the Lowes. It was pretty busy. 

So your question is:  Can you keep the investment properties in the current Trust? 

Welcome @Kevin Renaud I too have been in IT for several years and in the middle of starting my wholesaling business to help fund MF holds.

IT is always changing which is fun, but I'm restructuring my 5 year plan.

See you around.

South Shore and North Shore are 2 different worlds and having them together with greater Boston, not sure I like that.  South Shore shouldn't be part of Cape islands I'm not far from the bridge but over it completely different market.

Hi @Ruslan Laranjo

Check out http://www.fha.com/fha_requirements_closing_costs.

Remember the Seller pays the commissions to the agents and brokers. If you get your agents license the seller will only save about 1/4 the commission for the seller depending on the splits between agents and brokers.