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All Forum Posts by: Jim Sestito

Jim Sestito has started 33 posts and replied 253 times.

Post: Burst pipe within 3 months of purchase

Jim SestitoPosted
  • Investor
  • Cambridge, MA
  • Posts 264
  • Votes 104

@Robert Chen its like a flat tire - you got it out of the way and now you're good with bad luck for a while!  Keep trucking - if it were easy EVERYONE would do it... 

Post: Resource for checking out prospective tenants!

Jim SestitoPosted
  • Investor
  • Cambridge, MA
  • Posts 264
  • Votes 104

Very good thank you @Charlie MacPherson

Post: Greenest House on Biggerpockets

Jim SestitoPosted
  • Investor
  • Cambridge, MA
  • Posts 264
  • Votes 104

Who has a GREEN rental? Or did a GREEN flip? Lets open up a discussion to brag or boast your energy efficient home. Why + when did you make you place green? Did you see a ROI with your tenant quality and or sale price of a flip?

When the snowflakes fly, and the temperatures drop - the thermostat rises.

As someone who is living in a duplex built in 1910 Massachusetts I am feeling the pinch of heating costs!  Make us jealous of your truly green, energy efficient, alternate energy home!

Stay warm... and then cool.... 

Post: OIL TO GAS HEATING Massachusetts.

Jim SestitoPosted
  • Investor
  • Cambridge, MA
  • Posts 264
  • Votes 104

Hi Guys, Anyone have experience converting oil heat to gas? This is for a duplex built in 1910 in Attleboro, MA Massachusetts south of Boston --- gas already in the house currently only used for the stoves... Thank you!

Who would you recommend?

What can we expect to pay?

Other solutions?

Thanks Thanks

Post: Massachusetts contractors/construction companies

Jim SestitoPosted
  • Investor
  • Cambridge, MA
  • Posts 264
  • Votes 104

@Bianca Clark I may have a few options for you depending on size / scope of your project.  Shoot me a message when you can.

Also welcome to BP,

JIm 

Post: State Tax Credit Loan

Jim SestitoPosted
  • Investor
  • Cambridge, MA
  • Posts 264
  • Votes 104

@Rich Hupper no experience with either here but wanted to give this a bump as I would be interested in someone who has used these financing options.

Post: Did I make the right deal?

Jim SestitoPosted
  • Investor
  • Cambridge, MA
  • Posts 264
  • Votes 104

Agree w @Greg Scott get that thing reno'd and rented ASAP with a kick *** tenant and get those checks coming in!

You put 25% down so you certainly have some equity - with quality tenants + repairs  you are forcing appreciation.  -- After a year or so you should be able to use this place and its equity as buying power for your next investment.@Brent Coombs

@Brent Coombs has good points and is certainly a golfer - but don't let him get you nervous - no one sinks it after 2 shots on their first par 5! 

No room for buyers remorse now - work on decreasing costs and increasing rents and make this puppy work.

Post: Newbie wants a better life

Jim SestitoPosted
  • Investor
  • Cambridge, MA
  • Posts 264
  • Votes 104

@Karen Coffelt AZ from MA is a big change - how are you adjust thus far?

Richard Beatty the way it in the specific towns listed I would say yes. Contact your city inspector first but this looks like good news. Wish this would spread to south shore. Currently trying to get a garage apt approved.

Post: Your BIGGEST House HACK

Jim SestitoPosted
  • Investor
  • Cambridge, MA
  • Posts 264
  • Votes 104

Fun question:  What is the BIGGEST House Hack you have ever done?

Did you live in a BR while renting the other in a 2BR SFH?? Did you live in one side of a duplex while renting the other? Were 1/3rd of a tri?

One tenth of a 10 unit?

1 of 100 in your 100 unit apartment complex?

Would to hear any experiences / stories from the loyal house hackers!