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All Forum Posts by: Ricky Beliveau

Ricky Beliveau has started 6 posts and replied 97 times.

Post: Looking to link up

Ricky BeliveauPosted
  • Investor
  • Boston, MA
  • Posts 107
  • Votes 41

@Angela Hirtle nice to meet you! Always looking for opportunities 

Post: East Boston Project

Ricky BeliveauPosted
  • Investor
  • Boston, MA
  • Posts 107
  • Votes 41

@Charles Marshall @Maureen F. they were 4 beds before and now they are 3 beds. 

Post: East Boston Project

Ricky BeliveauPosted
  • Investor
  • Boston, MA
  • Posts 107
  • Votes 41

@Joshua Acevedo thanks! I have been doing projects in East Boston for about 2 years now and it continues to improve

I have another project similar to this one also in East Boston that will be starting in May. I am open to bringing on one additional investor if anyone is interested. Will provide my previous results as well and projected results for the upcoming project directly to interested parties.

Post: East Boston Project

Ricky BeliveauPosted
  • Investor
  • Boston, MA
  • Posts 107
  • Votes 41

@Josh Parra $1,600 per month mortgage payment on an interest only commercial loan. Rehab cost will be between 450K-500K.

Post: East Boston Project

Ricky BeliveauPosted
  • Investor
  • Boston, MA
  • Posts 107
  • Votes 41

Plans have been approved by the city and demo has now been completed. Plans, demo image and view from roof below. Each unit will be 3 bedroom, 2 bathroom ranging from 1200-1500 sqft. Units 2 and 3 will have private roof decks.

Post: East Boston Project

Ricky BeliveauPosted
  • Investor
  • Boston, MA
  • Posts 107
  • Votes 41

I am currently doing a condo conversion in East Boston. I purchased a 3 family and the property has now been gutted. Attached you will find the existing layout drawings. The building is 4300 sqft. I will post throughout the project and provide details if people have any questions.  

Purchase Price - $650,000

Timeline - 6-8 Months

Sqft - 4300 Sqft

Renovation Cost - $450,000 - $500,000

Post: Hello from the Boston area

Ricky BeliveauPosted
  • Investor
  • Boston, MA
  • Posts 107
  • Votes 41

@Alicia R. welcome to BP. No better place to learn!

Post: New member from Boston MA

Ricky BeliveauPosted
  • Investor
  • Boston, MA
  • Posts 107
  • Votes 41

Welcome @George White! I have been investing in real estate for the past 6 years here in Boston no license needed! Best of luck and happy to connect!

Post: Investor Friendly Banks

Ricky BeliveauPosted
  • Investor
  • Boston, MA
  • Posts 107
  • Votes 41

@Account Closed check out East Boston Savings, Cambridge Savings, Webster Bank

Post: Introduction

Ricky BeliveauPosted
  • Investor
  • Boston, MA
  • Posts 107
  • Votes 41

@Adam Shamus welcome! Happy to connect. I am an investor/developer in Boston and I am always looking for opportunities.