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All Forum Posts by: Patrick McCann

Patrick McCann has started 5 posts and replied 90 times.

Post: Thoughts on the latest MTR-focused BP podcast?

Patrick McCann
Posted
  • Realtor
  • New Hampshire
  • Posts 90
  • Votes 48
Quote from @Martha M.:
Quote from @Martha M.:
Quote from @Nicole Heasley Beitenman:
Quote from @Blair Carney:

My wife and I watched it together. We have zero rental properties and are interested in starting. She is a nurse but has move on to sales and other roles, so the MTR game focused on travel nurses hit home for her. We won’t be able to make the MTR Summit in San Diego, but we’re interested in joining his Mastermind. 


 I didn't realize he had a mastermind! I must have missed that part. I'm re-listening to it today. I'll have to see what the cost is. 


 He does, Zeona and I would LOVE to take it but it’s $5,000 and unfortunately doesn’t fit in my current budget. Hopefully will get a few properties rolling and then I can take it! 😉 


I have been listening to Jesse for over a year … he’s amazing and has the BEST tips, ideas and content!   I wish the group of you that are doing the MTR summit in San Diego would consider doing the same summit in a few more varying areas.  I’m East Coast (New Hampshire) and I would absolutely attend one out this way!!  I would LOVE to be in a room with you MTR movers and shakers! 😉😂.  Your book is fabulous, Zeona … you and Sarah are just such a dynamic MTR duo! 😊

@Zeona McIntyre - Fabulous!  You're in Denver or nearby aren't you?  Well ... i would definitely travel to Denver!  I've never been and I hear it's beautiful!  Thanks for letting me know! 

Little off topic Martha but New Hampshire MTR related. I was at a meet up this month in Dover and one investor there works at the hospital in Dover and had mentioned the hospital struggles with housing travel nurses and she was setting up a meeting with someone from the hospital to talk about the hospital setting up housing contracts with MTR’s in the area and she was looking for investors with units to show the hospital the supply that could be provided

Post: Seacoast REIA: Section 8 Housing

Patrick McCann
Posted
  • Realtor
  • New Hampshire
  • Posts 90
  • Votes 48

Do I need to RSVP for this meetup?

Post: Seller becoming tenet after transaction

Patrick McCann
Posted
  • Realtor
  • New Hampshire
  • Posts 90
  • Votes 48

Hi Kris, I don't have any actual experience with this situation but when I was looking to buy my first small multi in New Hampshire back in the fall 2 different properties I was interested in the seller wanted to stay and rent. One of them the rents were well below market value and the seller expected that's what they would pay and the other was a 3 plex and I couldn't get the financing to work properly using an FHA.

Post: New Hampshire NH Residential Lease Agreement Form

Patrick McCann
Posted
  • Realtor
  • New Hampshire
  • Posts 90
  • Votes 48

Dug up this old post here. I purchased the bigger pockets lease packet for NH and had a question about what I'm supposed to write in one of the fill in's for a month to month lease. Thanks in advance

Post: Learning the Market

Patrick McCann
Posted
  • Realtor
  • New Hampshire
  • Posts 90
  • Votes 48

I noticed that as well when looking for info on here about NH, you won't find much but it's a strong market that appreciates and hasn't really had the big price drops that you've heard about in other parts of the country. As far as looking at duplex's on the MLS via sites like Zillow and such you'll see there isn't much available right now. Back in the fall a lot of them had been sitting for awhile but got scooped up at the year end/January. I'd recommend listening to Axel's multi family wealth podcast as he invest in NH he recently had a guest on from MA that invest in NH and it was basically a whole episode on NH

Post: New Hampshire start up investing

Patrick McCann
Posted
  • Realtor
  • New Hampshire
  • Posts 90
  • Votes 48

Hi Dan,


also just getting started in New Hampshire. I discovered BiggerPockets around September while researching about small multi family investing. I closed on my first duplex at the end December in Dover. Currently doing most of the work on the downstairs unit to get it ready to rent as well as renovating/repairing the upstairs unit while living in it.

Post: New Hampshire Security Deposit?

Patrick McCann
Posted
  • Realtor
  • New Hampshire
  • Posts 90
  • Votes 48

Just close on my first property on 12/21, a duplex in Dover, NH. Working on my first listing along with preparing the unit. I plan to do a month to month lease. Should I take a Security Deposit? I read on a New Hampshire government page the law states that the security deposit must be kept in a special escrow account with a bank or a bond posted with the municipality. Does that mean I could place the security deposit in a savings account as long as I don’t use it for my own personal use? And I understand the law states you must give the tenant a receipt of the deposit. Thanks! 

Post: Suggestions on creative financing

Patrick McCann
Posted
  • Realtor
  • New Hampshire
  • Posts 90
  • Votes 48

Don’t have much info to help you but from the sounds of it this one of those “if only I could buy one of these houses but no family would let one go” love the creativity and sounds like it’s a deal you have to find a way to make it work. Sounds like a solid find

Post: 2023 Most Attractive Markets?

Patrick McCann
Posted
  • Realtor
  • New Hampshire
  • Posts 90
  • Votes 48

Granted I don’t know the geography of California at all being a New Englander but from my understanding Lake Tahoe area is the spot to be for boarding out there. I’m gonna start off house hacking a duplex here in nh but hope to someday get into some STRs in some areas with mountain bike trails/ski resorts especially some of the less known ones that may be up and coming or that people really into the sport would know.

Post: The Lord of Real Estate

Patrick McCann
Posted
  • Realtor
  • New Hampshire
  • Posts 90
  • Votes 48

Hi, fellow granite stater. I’m just getting started, set to close on my first house hack duplex in Dover just before Christmas!