All Forum Posts by: Ray T.

Thanks @Ryan Wosick for that info. Unfortunately I'm not traveling to Raleigh (due to the pandemic) and have been keeping deal finding activities local for now.

1 Vote

@Marc Desrosiers thanks for replying. The leak is in the basement at the base on the main sewer drain.

0 Votes

@Avery Heilbron thanks, had sent you a PM

0 Votes

@Ray Hurteau thanks for the recommendations! Will reach out and get some quotes.

0 Votes

Hello all,

Unsure if this is the right place to post this ask but thought I'd give it a shot. I have a leaking toilet drain and I'm looking for a good, reliable plumber in the greater Boston, MA area. Any recommendations?

Thank you in advance!

Ray

0 Votes

Hello all,

Thank you in advance!

Ray

0 Votes

@Jason Reynolds how has your plan been playing out so far? Were you able to close on a SFH near Lehigh U? I know Lehigh is planning to reopen campus to students this fall despite the pandemic.

0 Votes

@Sean Mcevoy looking forward to connecting Sean

@Christian Beyer London is amazing man..brixton, shoreditch...what a good time.. hope you're enjoying it. Thanks for sharing your story on having the right pm, def shed some positive light. Have you been remote the full lifecycle of the deal from closing (Aug '19) until now?

0 Votes

Originally posted by @Brett Peters:

@Ray T. Interesting, I didn't know about the mansion tax. That is definitely a motivator to seek a different market. My clients from NYC buy only MF properties. Our company conducts the entire purchase and closing process via email, as well as overnight any necessary physical documents needing signature. So, after they visit the property, they literally don't have to travel again unless they absolutely want to. Once they hire property management, they are completely hands off. The Reading market is a hate it or love it type of deal. Properties are very cheap, real estate taxes are insanely low. I did a 5 unit in the city and the property/school tax was only $1,800 per year! However, the inspectors are a huge pain in the neck. During one of my rehabs they made me replace a brand new window I installed because it was 2 inches short from code. They said if I left in the window I couldn't call it a bedroom! Also, city hall is very unprofessional. Everyone in building and codes knows me by my first name since I've appealed and won every violation they tried to impose on me.

Yikes, sorry to hear about that experience with the inspector...hopefully not all your experiences have been like that. Permitting can be pretty painful in NYC so I hear you. Are you predominantly focused only on the Reading market? What has the "avg" annual appreciation been in that market for non commercial MFHs?

0 Votes

All Forum Posts by: Ray T.

Ray T. has started 4 posts and replied 16 times.

Post: Plumber in the Greater Boston Area

Post: Investors in Raleigh, NC

Post: Plumber in the Greater Boston Area

Post: Plumber in the Greater Boston Area

Post: Plumber in the Greater Boston Area

Post: Plumber in the Greater Boston Area

Post: Plumber in the Greater Boston Area

Post: Student Rental House Hack (Bethlehem, PA)

Post: Lehigh Valley PA, investing

Post: Lehigh Valley PA, investing