All Forum Posts by: Jesse Andrews

the lot is 2.23 AC. The lot is 71-104A on the town map data. 

hi there-The address is in fact 9 great cedar swamp. Possible that 21 looks the same?

Hey Dan- I live in 02814. Call me tomorrow (my phone number is on my profile) and we can discuss. Thanks Jesse

I have a Rehab available in Rehoboth, MA. 

Address is 9 Great Cedar Swamp Rd, Rehoboth MA 02769- just about 1 hour from Boston. 

4 beds, 2 full baths, 1 3/4 bath, 1 powder room

2800 sq ft

2 car attached garage

Granite counters, huge open layout

ARV- $460k

Rehab- $25k

Looking for $350k

Sold comps:

51 Francis St, Rehoboth, MA 02769. 4 bed 3 baths 2,464 sqft Sold 9/14/16 $440k

81 Avalon, Attleboro, MA 02703. 3 beds 3 baths2,600 sqft. Sold 9/27/16 $459k

52 Avalon, Attleboro, MA 02703. 4 beds 4 baths2,616 sqft. Sold 10/30/16 $485k

This is a really nice house. I was going to take this on myself, but something else came up and I'm just going to wholesale it.

The house needs very little to be perfect. The septic system has failed and will need to be replaced. There was a Mass title V inspection (attached) that deems it as a failed system. The current owner has the town approvals and a septic already designed. Quotes for the homeowner were $14k.

Other that that, all you need is paint and carpet.

The value add for this house is adding a bedroom and bath, but that's already been done. The basement is finished and a bathroom added. You just been to get it permitted and recorded.

Take a look at the pictures HERE. You'll see how great the house is.

The Furnace is oil fired forced hot air and in great condition. Central air is also installed.

The house is connected to a propane fired standby generator hardwired to the house.

Nice yard, paved circular driveway.

I'm sending it to the group first, but im expecting this to be sold within the next day or 2. 

Call or text me at 401-318-3125 to set up a walk-through.

Thanks and have a happy New Year!

@Jim Sestito. We did end up closing on this property ourselves. I'll definitely add you to my buyers list though. 

I have an easy rehab (septic system, paint, and carpet) in rehoboth that I'm putting under contract this week. I'll let you know the specifics on that asap. 

Hello Everybody-

I have a wholesale deal in Attleboro, Massachusetts. Address is 27 Park Place, Attleboro, MA 02703.

Looking for $160k

Details: 3 bed, 2 bath 1302 square foot. .91 AC Corner lot.

Rehab could be - around $70k. ARV for this house in conservative at $275. Sold comps support ARV.

Roof is OK- owner just re-roofed it (but did not use architectural shingles)

Windows- OK

Siding is wood clapboard- needs paint.

Interior has been stripped to studs in a few rooms.

Furnace is oil fired, will need to be replaced.

If you have any questions, or would like to see the property, please call me at 401-318-3125. 

Thanks

Jesse Andrews

Hello BP!

I am a wholesaler and landlord in the Rhode Island Market, but have recently come across a piece of raw land in Canton, MA. I know that raw land and construction are desirable in the Boston demographic area. 

The deal consists of 1 large lot that has already been subdivided into 4 lots and approved to build upon. Water/ Sewer/ Gas are all on the street.  I pulled comps, and a 2200sq ft new construction would conservatively fetch 550-600k. 

I have interested buyers that need financing. Is this something that is attractive to a lender? The land purchase is somewhere in the ballpark of 1.1MM, and the construction about $800k. The buyers have money to put down, just not 1.9MM. 

I realize i'm being rather vague on some details, but i'm not looking for a commitment- rather just some friendly advice. 

I'd really appreciate any feedback! Please feel free to message me if you have any questions at all, or call me direct at my number in my profile

Thanks in advance

Jesse Andrews

Hey David- I'm pretty close to the Massachusetts, RI, CT border and I really don't see agents licensed in all 3 states. I'm sure some are.. Just in my experience it's not common. I definitely see agents licensed in RI and MA pretty regularly though.

Hello-

I am looking to wholesale 2 small lots in Roxbury (Boston) Massachusetts. The lots are listed as 18 Wayland st, and 22 Wayland St. Lot 1 is 3040 sq. feet, and lot 2 is 2780 sq. ft. Total is 5820. Looking for cash purchase at $125k. 

I also have plans for a 3 family that can be built on the lot. 

I'm not in the Boston metro market, but I do know that there are zero condos available nearby, and comps for a 3 family on this street are upwards of $575k+.

If you are interested, please call me at 401-318-3125, or message me here on BP. 

Thanks

Jesse Andrews

Good Morning-

I have a wholesale deal in Richmond, RI.

ARV $210k

repairs estimated around $32k

Price- $115k

Link to Pictures: http://s1357.photobucket.com/user/homeguy2012/library

Sold comps $229k, $230k, $254k

Address is 308 Church St, Wood River Junction, RI 02894.

Details:

3 Bed 2 Bath Single Family house. 1548 sq. feet.

Lot size 2.5 ac (approx 109,000 sq ft)

House was recently repainted on the exterior.

New Roof on the house and garage

Newer forced hot air furnace (5 yrs)

New hot water heater

New artesian well

House currently has a cesspool- If the house is sold in 2016, new State law says that you or the end buyer will either need to replace the cesspool to a septic.

House will need cosmetics in every room.

Kitchen should be rehabbed completely:

1st floor bathroom/Laundry room recently remodeled

1st floor Living room: minor cosmetics

Entry way/ Stairway: carpet and minor cosmetics

2nd floor:

Awkward floor plan (top of stairway leads to a bedroom- walk that and you will see an old kitchenette leading 2 more small bedrooms)

re-working the floor plan upstairs would make this a much more functional layout.

2nd floor bath needs a remodel.

Garage:

New roof on the whole garage

walk-in to a small workshop and a large 2nd floor for storage

Bottom floor (ground level) has a 1 bay garage.

Looking for $115 cash. Close in 30 days.

PICTURES: http://s1357.photobucket.com/user/homeguy2012/library

Feel free to email me or call me at 401-318-3125.

Thank you