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All Forum Posts by: Stormer Santana

Stormer Santana has started 3 posts and replied 15 times.

Post: A Contractor to PARTNER With

Stormer SantanaPosted
  • Boston, MA
  • Posts 15
  • Votes 19

Hey Adam - I have a great contractor worth reaching out to. Give Junior a call or email at 774 441 2148 or contact [at] montelesconstruction.com.

He and his team just completed a bedroom addition for our rental in Eastie. The job was done in 48hrs, super communicative, and high attention to detail. From small projects to full scale, I'd highly recommend Junior!

Post: Hi BP Worcester - this is my first post!

Stormer SantanaPosted
  • Boston, MA
  • Posts 15
  • Votes 19

Hey Tarik - Great post and story. My girlfriend and I have a similar background. Started renting in Back Bay in 2018, house-hacked a duplex in Malden in 2020 and reduced living costs by 40%, moved out in 2022, stabilized the property with a CoC of 35% and now living in Eastie as well.

Let's connect offline and chat!

Hey @Michael Vazza and @Lien Vuong. Thanks for the feedback, however, I currently have an On-Demand option with WeWork through my company. WeWork was not offering to sign a lease for an ondemand desk and they are quoting 400-1k for an office space that would satisfy my requirement.


I will take a look at Office Link! Thanks 

@Kyle Curtin The cape could work. Anywhere in Greater Boston should be fine. 

Hi BP - I am living in Boston and working for a startup out of my home office. I am Canadian working on a visa and I am beginning the process to obtain a green card. The last piece needed before submitting for a green card is to obtain an office location in Boston, more specifically, sign an office lease in a commercial building. 

I am looking for someone who owns a commerical building in Boston that is willing to let me/company sign an office lease. Here's the kicker, I am never going to use the office space. I will be your ideal tenant by never going to the location or request access. I am simply looking to cross an item off a checklist in the most cost effective way possible.

If you are looking for a little extra cashflow from a non-occupying tenant, please reach out!

MA Homeowners - Per MASS Save website, their 0% HEAT Loan is still being offered. "The Mass Save HEAT Loan offers interest-free financing opportunities up to $25,000 for energy-efficient home upgrades like the installation of air source heat pumps (central or ductless mini-split), ground source heat pumps, heat pump water heaters , insulation, and more."

As someone who has taken advantage of this product, I'd highly recommend looking into this loan if you need to do specific energy improvements to your property. I doubt this will be offered much longer as rates continue to rise. This can also work with house hacks.

Post: House Hacking in Greater Boston Area

Stormer SantanaPosted
  • Boston, MA
  • Posts 15
  • Votes 19

Hey!

My girlfriend and I did exactly this about 15mo ago. We did a house hack BRRRR and are now on to our third unit.

I have a bunch of tips, resources and excel docs to help with the search. Happy to connect and provide any insight. It is absolutely the path to go in a HCOL area like Boston!

Hi - I am a house hacker in Malden, MA. I have seen the various incentives and programs for solar but have been overwhelmed with the various companies, programs, and options. I would love some recommendations on 1) companies to work with 2) financing options (I would like to own) 3) and any other relevant info for someone exploring the idea of going solar. 

If you have solar, it would be helpful to hear the P/L of the project and what your current bills look like going green.

Thanks!

Hi Jason,

In December I closed on a duplex in Malden. My agent was great and I can refer you if interested. We received 2-5 MLS prospects per day. Despite the shortage of available multi-families, I was still able to analyze 70+ units in Q4. Your agent should absolutely be sending you listings, especially if you are eager to make an offer somewhere in the area.

In regards to your second question, if you are planning on buying a second property and going to live in it, you can put <20% down with a conventional.

Post: North Shore MA house hacking

Stormer SantanaPosted
  • Boston, MA
  • Posts 15
  • Votes 19

Hey! I just moved into my first house hack in Malden, Oak Grove area. How has your experience been in Malden?

I'm curious on the value add projects that you did and what type of return you saw when reappraised. We are making some improvements here and would love to get a sense at what you saw valuable.