All Forum Posts by: Niara Ijezie

Sure Joe! @Joecaroll I would love to tell you more about it! I am working with a developer/investor, that is looking to bring in another investor to purchase  two  buildings in Chelsea. I can't disclose much of the information as this is an ongoing transaction. However, if you are interested investing or know someone that is. I'd be happy to speak with you directly!

Thank you!

Looking for a real estate investor/investors to put 400K into a apartment building purchase in Chelsea, MA. Please contact me for more details.

I am thinking about investing in a REIT. I am wondering how profits, shares or dividends are split amongst shareholders?

 Hi Charlie,

I am responding back rather late however I believe the property was listed online although it was no longer on the MLS.

Thanks for all the insight! I definitely agree the house looks like a major fixer upper. I am thinking I would probably have to finance it with a hard money lender. Also, I was thinking of renovating it and keeping it as a buy and hold. However, I need to do the calculations to see if it would cash flow. Thanks for all the great feedback!

Hi Bigger pockets community,

I am new to the bigger pockets and real estate investing in general. I am trying to learn as much as I can to feel comfortable with purchasing my first property. 

However, last night I found this property listed on realtor.com. The property is not to appealing but it has a lot of potential especially since it is in an up and coming area of Boston, MA and is about an 10-15min drive from the Metropolitan area here. 

Some details about the property: It is listed at 250,000 and is a Single-family home with 6bd, 1 bath and 2,316 sq/ft. The home is currently boarded up and the seller is looking for a short sale. Also, area median listing price is ranges from 379-599,000. 

With being a newbie in this business I am unsure how to calculate if this is a deal, how much renovation expenses would be, cash flow, and financing options. 

Let me know what you all think, thanks!! 

It's against the law to not rent to individuals and families with section 8, well at least it is in Massachusetts.