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All Forum Posts by: J.C. Martel

J.C. Martel has started 8 posts and replied 44 times.

Post: Best cash flow markets in post covid world?

J.C. MartelPosted
  • Investor
  • Lawrence, KS
  • Posts 45
  • Votes 13


@Bud Gaffney, curious what kinds of opportunities you are seeing in the boston area. I’m checking out a few different markets, including central Mass, Boston area, and southern NH ski resort areas. Would love to hear your thoughts. My budget is up to $500k. 

Post: Best cash flow markets in post covid world?

J.C. MartelPosted
  • Investor
  • Lawrence, KS
  • Posts 45
  • Votes 13


@Jason Regan, I'm from Mass too, nearby you in Worcester. I own a condo in Worcester and thinking of doing a 1031 exchange to upgrade to one that will allow short term renting. Curious if you know anything about the STR market in central mass.

Post: Best cash flow markets in post covid world?

J.C. MartelPosted
  • Investor
  • Lawrence, KS
  • Posts 45
  • Votes 13

@Matt Nico, can you recommend any places in the Disney world area that would make a good STR with decent cash flow? I saw that you offered advice to Raj so thought I'd ask. I've been looking in that area, thinking of a 3/2 or 4/3. My price range is $200k-400k. Thanks

Post: Selling rental to tenant who needs help with downpayment

J.C. MartelPosted
  • Investor
  • Lawrence, KS
  • Posts 45
  • Votes 13

I have a rental property that my tenant wants to buy, but he doesn’t have a down payment. Am I able to gift him $6-10k as a down payment? Can I increase the sale price by that amount (assuming it will appraise for that)?

Since he was a tenant in the house for 10 years, would this be a rent-to-own or seller-assisted financing deal?