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All Forum Posts by: Jim Sestito

Jim Sestito has started 33 posts and replied 253 times.

@Jon Roland 

- Currently I am searching MLS only...

- Currently I am not purchasing real estate ;-) 

Post: New Member! Love the discussions. Looking to Buy First Investment

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

@Thiago Gomes  Just my two cents but you just seem Massachusetts to the core - your an agent here - you know the area....  

Your most likely going hear those in other markets tell you they are at a 'peak'... but no one knows.  Buy for cash flow... buy for the long game.

https://fred.stlouisfed.org/series/MSPUS

Post: Private money lenders

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

I'll give this a bump for ya Fernando since your in my neck of the woods!  

Tell the fine folks of BP with money to invest about some deals you have done to give them an awesome feeling about contacting you to invest! 

Hey @Owen D.  Thank you for sharing your experience w Eastern  -- I am sure they appreciate it too.

I am in your area with similar goals.  Feel free to reach out anytime we can talk shop.

Post: First Time Investor: Which Midwest Cities?

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

Buy one in each city - report back in 12 months.  

Post: Newbie from Westfield, MA

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

@Ian Coddington Welcome aboard.  If real estate is really something you want to pursue you are on a great website.  

Quick assumptions as you said you are a student:

- You are low on capital and experience in real estate.

- You are rich with time, ambition, and energy.

** Focus on the latter.  In this point in your career offer everything ask for nothing.  I know for a fact there are many out of town investors who are interested in your area... search biggerpockets for the term #birddogging   

Learn what you can and focus on your favorite niche!

- Jim 

Post: I Would Like To Introduce Myself

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

@Austin Shandley  Go get em Austin... keep that foot on the pedal... don't stop... 

shoot another post in a year titled "ALLOW ME TO REINTRODUCE MYSELF" as a financially independent dad uber rich with TIME to be able to raise the young-ins!

Post: great time to invest in Multi family housing

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

I'll bite @Account Closed and add that money is still historically cheap... vacancies are low... unemployment is even lower... 

Plymouth State University alum here love the granite state!

Post: Friends and family trying to copy what i do

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

@Joshua D. Having the ability to help family is one of the 'perks' of becoming a functional expert in this field.  

Recently I started an airbnb w in my mothers basement guest suit... I managed the unit for a %

3 months in an airbnb guest asked to rent full time - she accepted - and fired me.

At first I was a little upset to loose the revenue stream... but what the hell - its family I love her and she thought this was best for her...... 

*** When we help without expecting anything in return is when we will start seeing real returns...

*** Same goes for BP --- give back to this community w what you can and it will return!

@John Woodrich Should we get a bigger pockets Spouse Analyzer??  cc @Mindy Jensen