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All Forum Posts by: Joanna Eldridge

Joanna Eldridge has started 3 posts and replied 5 times.

@Charlie MacPherson,

I just learned one more thing. From the mass.gov site,

While pumping frequency is a function of use, MassDEP recommends that systems be pumped at least once every three years for homes not having a garbage disposal. If the home's system has a garbage disposal, it should be pumped every year.

@Charlie MacPherson

I had to laugh at the thought of putting a small stackable washer/dryer in the bathroom. The bathroom is 11'x3.5', with the door at the long end. Weirdest bathroom I've seen!

Thanks for the information,

Joanna

Post: Modeling Returns using a SD401K

Joanna EldridgePosted
  • Wellesley, MA
  • Posts 5
  • Votes 1

Happy New Year to fellow RE Investors!

I am trying to model the ROI and CoCROI for a duplex purchased with a solo or self directed 401K. Since I would be using my own money, is it just a cash purchase? Should I try and estimate a cost based on what I anticipate earning in the stock market versus what I project earning on the property? Does anyone have a good model?

I think that the stock market is WAY overpriced right now and want to move my money to something safer which is weirdly a POS duplex in Worcester, MA.

Thanks everyone!

700 SQFT SFR and need recommendations for appliances

1) House is plumbed for gas and has gas heat. Should we go with a gas range or radiant electric range?

2) Is it worth it to invest in a dishwasher? Kitchen is about 12x12 with 3 doors so not a lot of wall space.

3) Is it worth it to invest in a washer and dryer? It would have to go in the basement, and the stairs to the basement are very small and circular. Prior owner had one down there and house has a good bulkhead for access.

4) House has a septic system and we have no experience with septic. Someone told me that we shouldn't install a garbage disposal in the kitchen sink if we are on septic. Is that correct?

Thanks!

Post: Exclusive Buyer Agency Agreements

Joanna EldridgePosted
  • Wellesley, MA
  • Posts 5
  • Votes 1

Just starting out and looking for access to the MLS. I spoke to an agent and he is asking me to sign a 1 year exclusive buyer agreement. Is this normal?

If I do that, I want to be sure that I am working with a really great person and agency, so does anyone have recommendations for agents in the greater Boston area?