All Forum Posts by: Raymond Lewis

@Tom Burns      I doubt this particular property would work for me right now, however I would like to connect with you and work with you on some deals in your area over the next few months.        I'm going to send you a colleague request now.   

@Timothy Maloney     I would definitely appreciate that.    I'm going to direct message you now.      

Hey guys, I'm looking for some recommendations for great Real Estate Attorneys in Rhode Island that you've had a good experience with.     Thank you in advance    

@Samuel Carmichael.    Can you direct message me your lenders information please ?   I would definitely be interested in a foreclosure multi family property.   Preferably in Pawtucket.  

Hello, I'm looking for a few wholesalers in Rhode Island.   Specifically in the Providence/Pawtucket markets...     I'm not really interested in any other sections of Rhode Island at the moment.        Thanks in advance.   

Hello everyone.   I'm looking for a great home inspector for a multi-family property in Pawtucket, R.I.    Someone that you've personally used before for a home inspection and have had a great experience with.       Thank you.  

@David Evans.       Thank you David.   That makes sense and I'll definitely take your advice into consideration.  

Definitely looking forward to attending this meet-up.      See all of you there.   

My market is extremely competitive, houses are selling for well over the listing price, and at a very quick pace.   With that being said, do you guys think it's a good idea to purchase a Turn-Key multi-family property for well over the asking price, with the intentions to house-hack and also use the property as a rental income stream for the next several years ?     

I've used the Rental Income calculator on here, and it seems to be a decent cash flowing investment, however it appears I won't have any equity for a few years if I purchase it above asking price.        There is no getting around paying over-asking price in my particular market.   Bidding wars are being conducted on Any & Every house that is for sale right now.   It's ridiculous.           

 So my question is, would you guys pay the extra money to purchase the property knowing that you'll get good cash flow on it, or would you just try to invest in an entirely different market, a market less competitive ? 

@Roy N.       @Anthony Thompson   @Jason Boulay     Thank you gentlemen for the advice.     I'm definitely going to read the RI Landlord Handbook.    I appreciate you guys taking time out to assist me, and I hope 2018 is a great year for all of you.