All Forum Posts by: Jim Sestito

Hey BP,

Family has a commercial space currently rented by a mechanic in Dedham Massachusetts that will be vacant Jan 1. 

- Looking to connect and discuss with a local commercial agent about filling the space with a new tenant.  

- PM for more details.

Thank you! 

@Brandon Sturgill not much to add to this thread but I have had 'cycling' set up as a keyword alert for sometime and you nailed it... Hello from 2 wheels in Boston, MA! 

@Chris Jensen Busy pahhlease (we call that the 'B Word' in my house hack).  

Haven't had cable in 4 years.  

Job is close enough to bike commute...... (workout + commute in one shot)  

 I can type this post out as slowwwllllyyyyy asssss iiiiii wwwwaannnntttttttt ;-) 

@Samuel Dias looks he got asking price in July 2017... those rents should be about 1,300 and 1,900 I think someone did ok! 

Keep digging deals will come up in every market and money is still cheap! 

@Michael Cinelli I'll admit I skimmed your post but welcome aboard and you truly have an advantage with that Italian cycling name! 

If its remotely a deal GO FOR IT.. your 22 take chances, all of them.

@Gregory Jelvik hey greg... always trust the local knowledge... however I stayed at two airbnbs this past winter in old P.. both within a quarter mile of that address... #tucsontourist 

Quick thoughts:

Seems low on roof and prop management but that is northea$t me talking... 

Rent to purchase price looks fine to me in this market with 1200 in rent and roughly 125K total cost.  

If you are a long term buy and hold thinker id roll with it... 

Airbnb same old story - can prob get better returns... but you will work for it. 

@Taylor G.  If you have a good relationship with your lender I would propose all these questions to them directly... get it right from the source.  You are a paying customer! 

@Daniel Ashman while I am not advising you to buy into a place with a declining population... sometimes it is nice to be a bigger fish in a smaller pond... many 'bigger pockets celebs' have started that way.  It will be easier to start where you are comfortable.  I have seen a lot of western ma action on here... people are doing it.... Don't overthink too many steps down the road... start.

Hey Manuel,

Sounds like a nice W-2 job that banks will love to lend to.... House hacking may be a great way to start.  1-4 unit place.. live in 1 unit.. rent the others... pay a lower downpayment so you have cash reserves to strike on property # 2 

I am in your area often on the weekends.. be open to a coffee and convo.

Welcome to BP

Jim