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All Forum Posts by: Patrick McCann

Patrick McCann has started 5 posts and replied 92 times.

Post: Frustration with current market: Seeking wisdom, encouragement, lend me your tenacity

Patrick McCann
Posted
  • Realtor
  • New Hampshire
  • Posts 93
  • Votes 49

I feel it’s always a good time to enter the market. The classic time in the market rather than timing the market. 


Even though cost of debt quickly doubled in 2022 and interest rates remained higher in good areas properties continued to appreciate in value. I purchased a duplex in Dover, NH in late 2022 for 444k and it’s now valued somewhere around 600k.

Post: Looking to Connect with Investors in AZ/New England Area

Patrick McCann
Posted
  • Realtor
  • New Hampshire
  • Posts 93
  • Votes 49

Maine is a big state, what area of Maine?

Post: New to BiggerPockets forums

Patrick McCann
Posted
  • Realtor
  • New Hampshire
  • Posts 93
  • Votes 49

Hi Sean, I live and invest in the New Hampshire seacoast area. Looks like I read you vacation in the lakes region?

Post: Off Market Apartment Complexs

Patrick McCann
Posted
  • Realtor
  • New Hampshire
  • Posts 93
  • Votes 49

I'll send you a message with a few commercial brokers i know in NH

Post: Hello BiggerPockets! New PRO here

Patrick McCann
Posted
  • Realtor
  • New Hampshire
  • Posts 93
  • Votes 49

Hey Jacob, I currently have invested in Dover, NH and grew up in Derry. Southern NH  is my focus.

Also, running my first half marathon next month!

Post: Maine LD 2003 Program - Can you sell the second home built through this program?

Patrick McCann
Posted
  • Realtor
  • New Hampshire
  • Posts 93
  • Votes 49
Quote from @Nick Maynard:

Thank you! @Patrick McCann


 Hey Nick, were you able to get in contact with anyone and were they helpful at all in the situation?

Post: Maine LD 2003 Program - Can you sell the second home built through this program?

Patrick McCann
Posted
  • Realtor
  • New Hampshire
  • Posts 93
  • Votes 49

could try reaching out to some of the people and resources on this site 
About Us | Workforce Housing Coalition of the Greater Seacoast (seacoastwhc.org). I went to a development walkthrough event with them in Dover, NH recently and some of the people involved are in Maine.

Post: New develpoer needs to establish relationships and needs guidance.

Patrick McCann
Posted
  • Realtor
  • New Hampshire
  • Posts 93
  • Votes 49

Dover in which state?

Post: HELP - Insurance requiring Fire Alarm?

Patrick McCann
Posted
  • Realtor
  • New Hampshire
  • Posts 93
  • Votes 49
Quote from @Ryan Randall:
Quote from @Ryan Coburn:

Hey Ryan - I just went through this with my property in Rollinsford. Very old, so to rebuild with exact materials exceeded the maximum on the original residential policy I had in place with Andover after their inspection. Because of other liabilities (pool, more than 2 units, etc) it was brutal to find something. I did end up getting offers for a surplus lines residential policy, and then landed on a business owner policy through Vermont Mutual. I’m happy to connect you to brokers who sorted it out, 2 agencies I trust, just let me know. 


 That would be great. I'm just over in Dover

There’s a real estate investors meetup this Monday 8/12 6PM at Chapel and Main in Dover

Post: Fix and Flips in VT & NH

Patrick McCann
Posted
  • Realtor
  • New Hampshire
  • Posts 93
  • Votes 49

Hi Cade, I’m guessing you plan to invest along the VT/NH border? I don’t know of any meetup in that part of NH, nor do I know any investors in that area. I’d suggest asking the local title company/real estate agents who the investors are. Or look at the property record cards in the towns you plan to invest for the multi families and see whose names/llc’s continually come up. It’s a part of the state many investors stay away from because they don’t know the market, if you’re from the area and know it well this could be advantage for you!