All Forum Posts by: Mike Duran

i might be able to fund, reach out to discuss further 

I can’t see the adjustments but you can hopefully do better than a 6 cap in Worcester

It takes months to evict a tenant...

It's impossible to avoid the tenant from hell...

Massachusetts is super tenant friendly...

I'm sure you've heard them all, and it can be true...if you don't know what you're doing. That's why this month we have Craig Ornell, one of the leading landlord/tenant attorneys in Worcester. He's also been my attorney for almost 10 years when handling evictions, bad contractors, and more.

So, come to meet us at Compass Tavern on Thursday, April 25th at 7 pm to talk about the ins and outs of the evictions process. From important clauses in your leases through what to do under various scenarios, it will all be covered along with a long Q&A session at the end.

Remember, you're the average of your 5 closest associates, so increase your average and come to this completely FREE Meetup. We're focused on building relationships and networking first and foremost.

So, bring a ton of business cards because you'll need them.

This meetup is the only meetup focused exclusively on rental property in the area. We aren't promoting any programs and there is NO SELLING ALLOWED.

So, come and join us on Thursday the 25th for some great knowledge and amazing networking!

Hi,

   @Dereck Ho @Marc S. I'm a very active Worcester investor/Real Estate Broker/Property Manager and would be glad to grab coffee, I'm away next week but reach out and we can set something up for the second week of April if that works. 

Hi @Jack Moran it sounds like you were on Mott st. I started out my investing in similar types of areas in Worcester and it has worked out wonderfully. My opinion is that targeting the less nice neighborhoods in this market is the best way to get some nice cash flow. At $250k your average 3 decker should put around $800-1200 a month in your pocket once everything's paid assuming you fix it up nice after you buy it and put in good tenants(which can be found in any area, it just takes a bit more screening to find them in the areas you described, you could hire a good property manager to handle this part). Some of the best properties I've ever bought match the description of the place you mentioned. I love the no parking because you don't have to maintain a parking lot and tenants don't fight over parking spaces. It's likely close to a bus route so the tenants can still make it work. 

INVESTORS NOTICE!

PROPERTY INSURANCE is one of the most important thing in the To-Do List when you buy a building. So let come and discuss about this topic with us in this meetup!!!
- Tenant occupied property insurance
- ACV vs replacement cost coverage
- Other important insurance considerations landlords should be taking into account

Have you ever wondered how people always get the good deals while you barely can't find the deal for yourself in this market. We'll be chatting about this topic FINDING DEALS IN THIS MARKET in this meetup. So Join us! You'll walk away with great connections and great knowledge about investing right properties!

I agree @Phil K.the Worcester Market is awesome. It is a bit competitive right now but if you're ready when a deal comes along and you strike faster than anyone has a chance to you'll pick something good up. In this market if you're not lined up and ready to go before you start looking at properties you'll be missing deals all the time. 

Meetup, meetup, it's time for meetup!

We'll be chatting about Pest Control for multifamily properties on this Tuesday - October 9th, 2018. So please come to join with us and you'll walk away with great connections and great knowledge about managing your rental properties!

Meetup, meetup, it's time for meetup!

We'll be chatting about Pest Control for multifamily properties on this Tuesday - October 9th, 2018. So please come to join with us and you'll walk away with great connections and great knowledge about managing your rental properties!