All Forum Posts by: Jerry Agbon
Jerry Agbon has started 2 posts and replied 39 times.
Post: Massachusetts Rental Investing

- Raleigh, NC
- Posts 39
- Votes 17
Hi Colby,
I also live in Quincy MA, for me it's not the price that is the determining factor, rather the (ROI) return on investment. Yes the Boston now seems over priced due to very high demand, those that can afford to live in Boston and Cambridge ends up looking for places to rent or buy in the towns close to Boston. These towns close to Boston are the ones I focused on. My target tenants are young professionals and post-grad students. So far, this has worked fine for me.
I have a rental property in Quincy, and a multifamily house in Dorchester, I made sure both are close to public transportation (very important in rent pricing).
I would also suggest that you familiarize yourself with the BP Calculator tools, these would come in very handy in your business decision process.
Post: 8 family for sale in Quincy Massachusetts

- Raleigh, NC
- Posts 39
- Votes 17
Ok Ben, I'll be in touch via email. However, I'll like yo to know upfront I'll be using non-conventional means to finance if I decide to buy.
Post: 8 family for sale in Quincy Massachusetts

- Raleigh, NC
- Posts 39
- Votes 17
In what condition are they, and are all the units currently occupied by paying tenants?
Would like to see it in person if possible.
Post: Reflections on the 2nd year as a multifamily owner

- Raleigh, NC
- Posts 39
- Votes 17
wow! Thanks for sharing, what an accomplishment without going full time!!
Congratulations, I wish you many more successful results with your planning and executions.
Post: Can't find insurance for 4-plex

- Raleigh, NC
- Posts 39
- Votes 17
In cases like this, I'll recommend the use of an insurance brokerage company instead of shopping around for insurance company yourself.
Post: New to RE Investing from Quincy, MA

- Raleigh, NC
- Posts 39
- Votes 17
Welcome Justin to the BP community!
It's really nice to see people from Quincy, MA joining BP.
I'm relatively new to this too, I'm currently in the phase of trying to build a core team, of contractors, handyman and investors e.t.c
There is a lot to be gain from BP, apart from the wealth of very relevant information, there is also the relational aspect of it. All it comes down to is how you choose to utilize the site and the tools made available to you.
I'm also from Quincy MA, own 2 properties there, and one multi-family in Dorchester MA.
The gentle man, "Reed Sasamura", though his profile says from "Honolulu Hawaii". His brief analysis of the Boston area Realestate market is right on the money! I wonder if he use to live in MA?
Anyway, I'll love to meet if you're interested, and would like to also extend the invitation to Patrick Wheeler, since he's also from the same neighborhood (Quincy MA). Let me know if you guys are up to meeting over tea/coffee.
I wish you the very best in your Realestate endeavor.
Post: RE MAKES LOWLY PAID TEACHER MULTIMILLIONAIRE!!!

- Raleigh, NC
- Posts 39
- Votes 17
Great testimony! One that would inspire and encourage others. Thanks for sharing!
Post: moving tenants to another property ok or not?

- Raleigh, NC
- Posts 39
- Votes 17
A very interesting situation, I would think as long as both of you (i.e the tenant and you) agree, and the move is also beneficial to the tenant, I see no reason why it couldn't be done. However, if the tenant is a section 8 tenant, the complexity compounds and a bit trickier to accomplish this goal.
I'm curious to see what the more seasoned investors and landlords have to say about this situation of yours!
Post: My 22 duplex lot deal - $1MM in debt - purchased with no money down.

- Raleigh, NC
- Posts 39
- Votes 17
Very beautiful layout and great finishing, also well light! Congratulations on your string of success!!