All Forum Posts by: James E.

@Corey G. Might have missed this, but why does he want to convert? @Brian Eastman may have some more insights as well.

@Joe Ruggiero It's going to depend on what kind of property you buy, if the meters are separated already, and if not, whether you plan to separate them out. 

Water is the trickiest utility to submeter in MA - there have been a few discussions on BP on that topic (https://www.biggerpockets.com/forums/432/topics/54...)

Good luck with your search and let me know if there's anything I can do to help. What towns are you looking in?

We are hosting a multifamily meetup in Somerville - would love to have you!

https://www.biggerpockets.com/forums/521/topics/552319-boston-multifamily-investor-meetup

@alonhttps://www.youtube.com/watch?v=PHe0bXAIuk0

@Nicholas Nelams congratulations on getting started! I think there are really two ways to go about starting to invest:

1. Just go do it dude. Buy a rental property. Save enough for the down payment, and buy something that cash flows (assuming you have done enough research to understand how to analyze a deal). If you need help qualifying for the loan, ask around within your family if someone will co-sign on the loan. 

2. Go work in the industry for a while (this is the approach I would suggest). Work for a property manager, investment broker, wholesaler, whatever. Just get involved in the real estate investment industry and start learning with some more "hands on" context. This will also hopefully pay a decent enough salary where you can start saving some more money for that first rental. Also, you will start expanding your network and thinking through who you want on your team. 

Good luck Nicholas and hope everything works out for you!

You can say cash-out refinance to your bank - it's an industry standard term. I wouldn't say "BRRRR" though, as they likely aren't familiar with that concept. If they ask why you're taking the money out just say you're using the proceeds to buy more rental properties.

@Dan Roush Try Brian Eastman with Safeguard advisors - brian.e *at* ira123.com  

I just set up my solo 401k and he's been very helpful throughout the whole process. Please tell him I sent you, I believe he gives out discounts to new customers if they are referred over. 

@Gina DiMasi I do some investing up in Manchester but not super familiar with Nashua. @Matt Lefebvre may be able to help. 

@Chirag Shah here's my list (@Hadar Orkibi 's  recommendations are great as well so won't mention those again)

- @Joe Fairless website / podcast / books

- Michael Blank's website / podcast

- What Every Real Estate Investor Needs to Know About Cash Flow... And 36 Other Key Financial Measures

- The Advanced Guide to Real Estate Investing

- Multi-Family Millions

- It's a Whole New Business!: The how-to book of syndicated investment real estate

An often overlooked part of reading / education - get your hands on some real P&L's and start doing "practice" analysis on buildings. You can sign up to places like capstone , and once you sign an NDA you can download their marketing packages on large apartment deals.  

@Ricky Beliveau formally inviting you to this one!