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All Forum Posts by: Nicolas Beaujean

Nicolas Beaujean has started 12 posts and replied 53 times.

Post: How to vet investors?

Nicolas Beaujean
Posted
  • Boston, MA
  • Posts 75
  • Votes 9

@Jasmine Russell That’s a tricky one lol the real answer is it depends(annoying I know)… When I first got started I had 0 experience but had done a ton of research, I still lost 100k on my first deal (lol) but I used that painful lesson on my pitches to tell future partners what I learned and didn’t give up

it was also a raw land permitting play and I payed back the investor every penny I owed which helped my brand- 

Now, for those that know me I don’t need to go over my portfolio, what I’ve done etc because my reputation precedes me
however, when I’m in a scramble and need funding for a deal and advertising it to the world and talking to strangers I’m absolutely going over my track record so they feel comfortable that I know what I’m doing and if I don’t specialize in a particular niche I get someone on my team and involved in the deal who’s and expert there and have them on the calls or at the very least their website or something

I definitely am a fan of fake it till you make it but if you’re the one putting capital into a deal maker, check, double check and triple check everything they tell you and do your own DD


Post: Any STR Investors looking to connect?

Nicolas Beaujean
Posted
  • Boston, MA
  • Posts 75
  • Votes 9

@Anthony Thompson most of my deals/network is in Boston however RI is looking promising in a few sectors primarily STRs in Middletown, College/summer rental combos in Ganset (regulations are tough though) and rehabs/LTRs in parts of Providence

Post: Any STR Investors looking to connect?

Nicolas Beaujean
Posted
  • Boston, MA
  • Posts 75
  • Votes 9

No not particularly just in general, this particular deal opened my eyes that I need to network and have more than 2 equity partners so when good deals come along I can continue to execute

I've been lacking in the networking department since COVID so time to open up the rolodex again and add some names and learn what people are doing in the RI market these days

Post: Any STR Investors looking to connect?

Nicolas Beaujean
Posted
  • Boston, MA
  • Posts 75
  • Votes 9

Looking to connect with investors that would be interested in Middletown/Newport/Narragansett STR deals

Shifting to expand portfolio into STR's in Rhode Island to balance my LTR portfolio in Boston

Cheers :)

Post: Any new realtors/investors looking to connect?

Nicolas Beaujean
Posted
  • Boston, MA
  • Posts 75
  • Votes 9

@Chris Alfano

Would love to connect and network

Post: Short-term rental /Beach house

Nicolas Beaujean
Posted
  • Boston, MA
  • Posts 75
  • Votes 9

@Vincent M.

@Melissa Polom

Middletown is the new Newport/gansett

I'm working on a STR i just got under contract absolute home run

Would love to connect with both of you

Go rams

Post: South County College & Summer Rentals

Nicolas Beaujean
Posted
  • Boston, MA
  • Posts 75
  • Votes 9

@Amanda Bruneau

Dm me I’d love to connect

Post: STR LAWS Narragansett and South Kingstown

Nicolas Beaujean
Posted
  • Boston, MA
  • Posts 75
  • Votes 9

@Alex Appolonia

Dmd you on a current Opp in Newport/Middletown RI I have under contract

Letsconnect

Local rhody boy from EG 🥳

Post: Newport RI STR Equity Partners?

Nicolas Beaujean
Posted
  • Boston, MA
  • Posts 75
  • Votes 9

Looking to network with potential equity

partners for lucrative STR market, Newport RI

String track record, 15 doors 10+ deals all my equity partners are tapped so looking to make new friends :)

Have a deal under contract in Newport right now, absolute home run

DM for details on this deal and future deals

Post: How to vet investors?

Nicolas Beaujean
Posted
  • Boston, MA
  • Posts 75
  • Votes 9

@Jasmine Russell

Most states do, some don’t you can just google “public real estate tax records (state name)”

“Public entity look up (state name)”

You can check the registry of deeds to verify the llc they say owns the property, does own the property as every transaction is recorded with real estate

You can also reach out to a title company, they’ll be able to help with your specific state etc and the nuances

Not everyone has a portfolio website

I’ll give you an example of one of my properties in Boston , it’s owned by 274 Seaver st llc and the address is 274 Seaver st

In the corporation division you can google the name of the entity, and my name pops up, so boom I own the llc

Then you go to tax assessor records and the deed says “grantee 274 seaver st llc” boom you know the entity owns the real estate

Then you can google

Hope this helps :)