All Forum Posts by: Ralph R.

Hi everyone,

Just wanted to start up a new discussion on where people are having success finding buy and hold properties in Mass and Southern NH. I look forward to all the responses.

Ralph 

Hello All,

I wanted to reach out to the property managers out there that have fire hydrants on their properties to get some input. 

I operate a water works company and specialize in fire hydrant inspections and maintenance,  water leak detection, and back flow device testing. 

Hydrants on private properties are not inspected, operated, or maintained by the city, town, or water district and the property owner or manger is responsible for proper operation. The National Fire Protection Assiciation recommends getting all hydrants inspected and operated annually. 

My question is is do property managers actually get these hydrants inspected and maintained annually or are they left untouched for years.

Secondly, if you are property manager and would like to talk in more detail on the services I provide please direct message me.

Thank you in advance for your input.

Ralph

I'm looking to get some feedback from the bigger pockets community. I am currently in the process of planning a large renovation that will include new kitchen, master bath, dormers, and an inlaw apartment. The renovation will be funded in cash. After the renovation I will have quite a bit of equity in my home. I was looking to see if there is a way for me to use that equity to lower my monthly mortgage payment. Thank you in advance for the feedback.

@Steve Bracero Yes, I do have a have a broker that I work with that is very good. But I am always open for other creative forms of financing without putting so much money down.

@Daniel Ortiz & @Steve DellaPelle. Thank you both for your  responses. Haverhill is right down the road for me and I have always been interested as the city seems be investing in there downtown water front area. The restaurant still are good, public transportation and I bought a home in West Newbury about 2 years ago. It s a great town and I love it for my own home but investing in this town and Newburyport is difficult due to the high prices. I would like to branch out with investiments and Haverhill would be perfect. 

@Daniel Ortiz you got a good stratagy.If I could do it all again I would do own occupy multi family. I really think that is the best way to go as you get great financing And low down payment options. I think it opens up a lot of doors for future investments.

@Daniel Ortiz thank you for your reply. Your post was exactly what I was looking for thank you. I will start looking in in some of your suggested areas. Have you had any success  finding deals in the areas you listed.   

Hello All,

It doesn't seem like there is a ton of discussion on this market recently so I wanted to get a discussion going on what city's/towns investors are having success finding buy and hold deals that are flowing cash in the North Shore and NH seacoast. I know this market is very competive and deals seem to be few and far between but I'm sure success is still being had in some areas.

Angela Hirtle thank you for all the detailed information. I would be interested in getting more information on the Somerville property Thanks Ralph

@Dan Smith
Thank you for your reply.

Bradford is a very nice area that I like very much my wife and I were very close to buying a single family home there about 2 years ago. 

A multi family in that area seems to be a great find. congrats on your deal

@Mike Hurney

It seem that Massachusetts in General is a hot market, Especially Greater Boston, North Shore, as well as NH seacoast.

You would know much better than I would.

I am eager to find something but it looks like I am going to have to be very patient and wait for the right deal to come around