All Forum Posts by: Matt McCue

Hi all, if anyone in this thread is still looking at investing in Cranston, RI I have 2 six BR single family homes for sale within walking distance to J&W.  I currently rent them out by the bedroom and have it fully furnished, all kitchenware, TVs, wall hangings etc. Everything will stay, so turn key...including tenants.  Tenants only have to bring linens and their belongings.  I just got my first spec home build under agreement, and I'm hooked on land development.  Liquidating my rentals to free up capital to buy more land. 

https://www.realtor.com/reales...

https://www.realtor.com/reales...

I am negotiating with a seller who does not want to list with a RE Agent. I've never bought in FL and understand they use title companies to transact there. Do I need an attorney to help draw up my offer and represent me throughout the buying process, or will/can a Title Company assist?

@Mike McCarthy Any thoughts on dimensions and what you get for them per month?  I've got a vacant 2 bay garage on one of my 2 houses (across the street from one another) and have 6 college kids in each house.  Thinking of building 12 units with lumber and chickenwire. 

I've got a friend that does HVAC.  I'll run it by him, and can put you in touch with him if you'd like. 

Thank you all so much!!!!  Very helpful information.

I have a unique opportunity with a single family house set up for student housing.  It has 6 BRs that are rented out by the door.  It's unique in that there is no living area.  It is literally 6 BR, a kitchen and 2 baths. 

I'm relatively new to this having only bought 2 properties in June that are doing very well, but I financed those traditionally.  This will be an all cash offer that I BELIEVE I can get for well below market price.  However, given there is no living area I'm not exactly sure what the market price is.  I'd like to refinance after 6 months to get my cash back out.  

Is it a good idea or an unreasonable ask in my offer to have a contingency stating I'd like to get a professional appraisal done and offer is contingent on my satisfaction with the findings?  I'd obviously have a lawyer state it more eloquently than that and something that could hold up in court.  

I've found a 24 unit mixed use apartment building for sale. 8 units are retail space, 8 units are 1 BR apartments and the remaining 8 are 2 BR apartments.  I am brand new to residential RE investing having only bought 2 six BR single family homes set up for student housing.  

I'd like to eventually graduate to apartment buildings and would like to use this opportunity to practice analyzing deals and see if this is a good one.  What questions and data should I gather from the commercial agent to start analyzing the deal?  I simply don't know where to start.  

The listing suggests there are opportunities to add value....from the listing: "features large 1 bedroom units (900 SF), which can easily be converted into 2 bedroom units. The 2 bedroom units currently average $1,425/month, while across the street rents are north of $2,000/month. The commercial (retail/office) space is 100% occupied by stable local and regional tenants at below-market rents."

live*

Can anyone recommend a CPA in Southeast MA....life in Foxborough? 

Can anyone recommend a CPA in Southeast MA....life in Foxborough?