All Forum Posts by: Steve Vasconcelos

@Christian M. I'm also looking Northshore I'd be interested in hearing your experience thus far investing up there. 

Thanks! @Account Closed

Thanks @Patrick Hopkins, @Josue Velney

@Joe DeFarias Good Idea, I've been keeping FR on my radar as you know tough to find the B or C+ neighborhoods. Have you invested down there at all recently? 

Thanks,

-Steve 

Thanks @Robert Nason certainly will check that area out.

-Steve 

Thanks for the tips @Mike Abramowitz@Russell Brazil

Ya Malden & Everret seem to be the only places left to try and make something work but its getting tougher and tougher with what the 2-3 fams are going for. 

I have been thinking of looking in providence but keeping in mind that properties out there likely wont appreciate  as fast as anything around Boston, Mike do you know any realtors out there that focus on MF properties? 

Thanks,

-Steve

I've been actively looking for a MF property in the Greater Boston Area/North Shore/South Shore for almost a year and half now, its a very competitive market as everyone knows. It seems like 90% of the MF deals out there are going for 20k-30k over asking price at which point the numbers dont add up for positive cash flow properties. Is anyone else running into this as well in this area? And if so any tips for competing or looking for properties where the numbers actually work? Also open to looking a little bit further outside the city if anyone knows of any towns in the area where numbers make sense.

Thanks!

-Steve

@Joe DeFarias Nice to see you on here man, the renovation looks like its coming along! I'm still working to find my first multi - tough in this Boston market. 

I'd be interested to pick your brain about how you found the short sale etc, Lets try and grab some coffee soon?  I'm up the road now in Malden.