All Forum Posts by: Matt B.

@Sean Brennan

You're smart to avoid Leicester and Spencer, especially Spencer. I think it will be very difficult to find a place in Holden, where the numbers work, but West Boylston might be a good option. I would also look into Auburn and Oxford. Auburn is a little pricier, but nothing like a Shrewsbury. It also has everything you need in Town, including major highway access.

You could probably do pretty well in Oxford, as long as your wife doesn't mind a little extra commute. Oxford does have I-395 that runs through it, so it's about a 30-40 minute commute to Northborough.

Originally posted by Kelly Davis:

My sister in-law is from a place outside of Boston. Worcester, but for some odd reason the pronounce it "Whista."

Hey, Don't be making fun of my city, lol. Welcome to BP!

@Brian Ortins

I think it all depends on what type of tenants you are comfortable with. As others have pointed out, Fitchburg is a pretty rough area, but there may be some good opportunities around Fitchburg State University. Having looked at some properties in Fitchburg, I would just say be careful when looking at the neighborhoods. It's not uncommon to see shelters/rehab facilities in residential areas.

If you're interested in places outside of Fitchburg, neighboring Leominster might be worth a look too.

There is a responsive action with the punctuation like this:

"Hello, my name is Megan. I am interested in the condo for rent. If you could, please call me back. My number is 303-999-9999."

My guess is that some people get nervous when leaving messages for a stranger, which makes them talk faster and run their sentences together.

Thanks for the great advice everyone.
@Chris Piper

@Chris Piper That was a great tip for rehab estimates. I'll just have to make those adjustments for the Massachusetts market.

@Shaun Reilly That was definitely noted, haha

Hello everyone,

I was just wondering, what information do buyers want or not want from wholesalers? I was thinking that when marketing a contract to a cash buyer, you would want to put together a packet of information consisting of basic info on the property/contract, ARV (and the comps that got you there), Rehab estimates and photos. I am wondering if you think all of this information is necessary and how in-depth it should be. I want to give enough information to the buyers, so they can make a decision, without giving them so much, that they don't read read it.

Thanks @Tom Goans that's good advice. I definitely agree that information overload just causes people to tune you out.

I appreciate all of the help. There definitely seems to be a general consensus here. Rather than put the cart before the horse, I guess it will be best to wholesale as much as possible and if a problem does come up, try to partner with someone who is more experienced and learn from them.

As I am just starting out, I wanted to get some opinions on my business model. Although I initially want to do as much wholesaling as possible to build capital, I don't want to be a one trick pony. When I make contact with a motivated seller, I don't want to just walk away after giving them only one option. I would like to take more of a "real estate solutions" approach, so if wholesaling isn't the right answer, we can try to find other types of deals, such as subject to's, sandwich lease options, seller carrybacks and other ways to purchase the property myself to flip or rent. I want to be able to help the seller as much as make a good deal.

I was just wondering what others thought about this from a start-up perspective. Do you think it's trying to do too many strategies at once? And for those of you from the area, are you aware of any legal issues in Massachusetts with any of these strategies?

Thanks Adam. I look forward to it.