All Forum Posts by: Joshua Poitras

yes sir, I think its going to come down to networking and making sure your information is on their desk when they are reviewing their non-performing assets. But, this is all speculative and never tried to do it myself yet. 

Awesome, thank you @Paul Donohue 

Unfortunately the pet industry is growing as fast as the real estate industry right now. I am sure it is not long until some financial legislation is put out about it. 

Would love to find out how you handle this situation Rion, I routinely come up on Buyers looking for properties that are forgotten in the cloud as well. Would love to know how to get in front of the assett manager and send them offers on Massachusetts "non-performing assetts"

Does anybody know how the Registry of Deeds Works, What paperwork is routinely filed there and can clarify examples of when different deeds are used? I could use a real life situation to help me understand better in Massachusetts. : )

@Arthur Kraamwinkel

   if it's has been a year sounds like a good time to get an understanding of the state of your unit. you don't want to deal with repairs all at the same time if you don't have to. If I was in your shoes, I would call them and give them a heads and say... "tenants" my secretary was just reviewing our records and brought to my attention that we haven't done your annual unit check....Are you available to meet with me again and do a 5 minute walk through? " 

  You appear like a caring landlord and that you actually care about them and there situation, making your life easier in the long run. This is my opinion, I am sure whatever you come up with will be just as awesome. Best of Luck.

great question, I am curios as well. I am guessing you could bring a private investor in too pay carrying costs and repairs costs. But I am not an expert in this creative method. Would love to know more.

Personally Following up on each property I mail too has proven most effective. 

 Just a matter of time until the investment money spills over into those other counties brother. Hopefully it does : )

@Steve Bracero 

Steve, 

Definitely seeing the same thing. Same thing, sometimes I asked myself if the multi family investors are even using the formulas right now. I 'm pretty sure it is just a buy whatever you can frenzy right now. The only multi I was able to get a potential 18% roiling on was an structurally unsafe property with a the owners being in a law suit and in not thato desirable of an area. So.... and with my last clients, we lost bidding wars on river in lowell at 20k over asking no contingencies and another war 50k over asking no contingencies but both fha. 

If your being overly protective about your offers right now your gonna have a hard time getting them accepted. 

Right now I am sitting patient just wathing the market, jobs report came in way over expected with permanent jobs, values are climbing exponentially and foreclosure market is relatively balanced. 

Just patience right now. Although buyer that have a serious motive to buy, I have just started using a good strategy to help them beat out cash and more powerful buyers in multi offer sutuations.