All Forum Posts by: Jim Sestito

Fellow BPers,

I currently invest in the south shore in Massachusetts ( MA ) and am looking to move north towards Boston.

I would be interested in any small multi fam - 2-12 units or SFR that needs a value add.

If you are an agent in the Boston, Quincy, Weymouth, Braintree (another other bordering towns) or an investor / seller I would much appreciate the opportunity to talk.

Have a great day,

Jim 

Hi Guys,

I currently invest in the south shore in Massachusetts ( MA ) and am looking to move north towards Boston.  

I would be interested in any small multi fam - 2-12 units or SFR that needs a value add.

If you are an agent in the Boston, Quincy, Weymouth, Braintree (another other bordering towns) or an investor / seller I would much appreciate the opportunity to talk.

Have a great day,

Jim 

Thanks for the reposes so far.

To add a few details I am a buy and hold investor self managing. (In Massachusetts)

The jobs are in sales.  Current time flexible job has no commission.  New job has base salary + eventual commission (6 month to one year training period first) most likely to double my income in about a year.

Hi Guys,   ( potential #askBP  ) 

I have found myself at a career/investing crossroads of sort.  

Quick story - 27 years old (single, no kids) working at manufacturing company full time.  Small company 75-80 employees and although I can just about make my own schedule here now --- I have  reached a cap in potential growth.

The current job pays OK for my age but I am (like everyone) looking for more.  But to get more I know that will take more of me.  Moving to another maybe larger company will require more time and effort.  This I do not have a problem with but I am nervous how it could effect my 'hobby' of investing in real estate.

So I'll ask the question.  In this situation would you rather have more money or more time?

Just a few quick Pros and cons I see for each in terms of REI;

More Money:  Can save up for down payments/ renovations quicker and more frequently.

More Time: Easier to manage current investments / more time to search MLS and the streets for new potential deals...

Any input / opinions / stories would be greatly appreciated!

Thanks guys,

Jim 

@Frank Benson

Welcome aboard... grab that license and start building your network.

Tell everyone that you talk to that you are an agent and can assist them in buying property.  Also tell them you are interested in acquiring multi family properties - you never know who may have that big connection who can really boost your business.

Regards,

Jim 

@Gary Secondino

 how are things going now with that property you purchased in 2013?  

Did you refi out of the FHA loan yet?

@Chris Ulinski

Hello Chris, I just typed in tax lien MA into the BP search bar and saw these results featuring your topic.

Happy reading.

http://www.biggerpockets.com/search?utf8=%E2%9C%93&term=tax+lien+in+Massachusetts

@Michelle Morris

  Hi Michelle I ended up walking away from this deal.  And the next deal I did I used conventional financing. 

Google or Type FHA loan into biggerpockets search bar and you will have plenty of good info to chew on.

A bank lender doing an FHA will do their appraisal on the home. I would call a couple local lenders and ask if they have a break down of what their appraisers are especially looking for.

Welcome to BP and goodluck

@Sean Agid Welcome to BP.

I think you answered your own question in your post.  BiggerPockets is going to be a great resource for you.

Set up you keyword alerts for Providence and Rhode Island.

-- Know where you want to invest.  Do you want to rent to students? Professionals?  Blue collar families?  Know where each of those types of people are living in your city.  

-- Getting in young can be a nice advantage and you are certainly more risk tolerant - but mistakes can still be made if you buy wrong.

Learn as much as you can here.  Then if you have the funds and drive on top of that knowledge... take action!

Best of luck... I invest just north of you in MA - feel free to connect.  

@Rob Beattie

NO TIGER WANTS TO BE TRAPPED IN A CAGE

But on a serious note I have seen Rob's work and worked with him and he is great at what he does.  

Rob as Steve said (I think) just keep posting on the forums.... 

Supply and demand ---- a few of the most popular I see here are - "Can't find a good property manager" "How do I find a good contractor"