All Forum Posts by: Mason Hickman

@Janea L.

Yes, if you have the address and the town, start with the town field cards and gather the information for the owner. Take the name you get and go search for them using places like fastpeoplesearch and true people search. 

@Nick Marino

Hey Nick,

Congratulations on your purchase! I agree that having a good tax strategist is more important than their location. Unfortunately I don’t have a great recommendation locally and have been searching for a while. 
Talk to your CPA but if you are trying to offset your W-2 income with the rental losses, you will need to be fairly involved in order to count the losses against your earned income.

Happy to make recommendations for some service folks. Give me a call or shoot me a message. 

@Amy Fortes

No, you cannot break the lease unilaterally because you want to sell the property. The tenant’s lease gives them protection from this scenario. If they are tenants at will, you can provide notice and have them move out. 

Save the date for the upcoming Cape Cod and South Shore Real Estate Investors Meetup in May 2023! Don't miss out on this amazing chance to connect with fellow real estate professionals and stay up-to-date with the latest market trends.

Join us on Wednesday, May 17, 2023, from 6:30 PM to 9:00 PM at The Local Tavern & Grille, located at 46 MA 6A Sandwich, MA 02563.

To secure your spot, please register by completing the following form: https://forms.gle/vLVTgWgPm43kgXWj6

We look forward to seeing you there!

@Dominic Litz

Short term regulations on cape are pretty lenient and none of the towns have banned them. Right now only some towns require a registration and small fee. Plenty of cleaners, etc. Keep up to date on the new title V regulations coming and the impact they may have. The other comment about flood zones is very appropriate for this area. I have seen a few folks get really fouled up with the FEMA regs.

Mark your calendar for the April 2023 Cape Cod and South Shore Real Estate Investors Meetup! This is a fantastic opportunity to connect with fellow real estate experts and stay informed on the current market trends.

The meetup is scheduled for Wednesday, April 19, 2023, from 6:30 PM to 9:00 PM at The Local Tavern & Grille, located at 46 MA 6A Sandwich, MA 02563.

To secure your spot, kindly register by filling out this form: https://forms.gle/z6NYwgucMidTVtcm7

We look forward to seeing you there!

@Samantha Distor

Yes you can back out during the inspection period but Be careful of the contracts you’re entering into if you have no intention of closing the deal yourself. If you have no intention or ability to close, you’re locking up someone’s property and brokering without a license to try to resell it.

Plus think about the showings and how your agent will need to facilitate showings to bring in new buyers.

@Harlan LoVullo

Be friendly and start the dialogue that you buy real estate and if they ever wanted to sell to let you know first.

@Shayla Collins

Check your own state but here in MA we have a one year warranty for work to be free from defects and performed in a workmanlike manner.

@Ian Woods

We get commercial loans through small local lenders. They want to invest in the community and the people in the community and will keep the loans on their books for the entire life of loans.