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All Forum Posts by: Syed Khan

Syed Khan has started 18 posts and replied 60 times.

Post: My advice to those that are NEW to RE Investing

Syed KhanPosted
  • Shrewsbury, MA
  • Posts 65
  • Votes 13

@Jayde Landry d

Post: real estate investing in new britain ct

Syed KhanPosted
  • Shrewsbury, MA
  • Posts 65
  • Votes 13

@Chirag Gulati

Hey Chirag! Let’s connect. I didn’t know you were investing in apartment buildings :)

I will PM you.

Post: Is Massachusetts a good market for wholesaling?

Syed KhanPosted
  • Shrewsbury, MA
  • Posts 65
  • Votes 13

@Michael Timson

PM me let’s connect. We run a wholesale mastermind group and we meet every Monday from 5-6 pm for accountability and cold calling. 5-6 pm is discussing/analyzing deals and then 6-8 pm is dialing. It’s a great way to learn from each other and sell deals to the buyers on the group. The best part is it’s completely free.

@Daniel Lopez congratulations to you on your first acquisition. You have already taken the first step to building wealth and legacy. Originally, due to the pandemic I speculated for the market for single families to slow down but clearly that wasn’t accurate lol. So I was focusing more on small multi families to rehab and refi into a 30 year mortgage. Small time landlords who were ‘managing’ their own properties and did not have reserves to stay afloat during this time and kept putting off all the maintanence items over the years just wanted to get rid of their properties. 6 of my 8 units acquired in the past 6 months were tired landlords and the remaining 2 units were from a friend who owned a property for over a year and did not have time to fix it. So I ended up buying from him. I am also figuring out a way to work with local housing authorities to place their clients in my apartments because they cover 70% of the rent portion. This way you are covered for majority of your monthly expenses. Don’t stop looking and acquiring just because market is too hot. You will always find deals. I’ll send you a connection request.

@Jose Betancourt

Hi Jose! I have been an investor since 2016. I own multiple investment properties and helped investors get started on their investment journey. I’ll send a connection request to you.

@Jose Rosario Hey my name is Syed. I have been investing in Worcester since 2016. More than happy to jump on a call with you this week. I will Send you a request.

@Jonathan Bombaci can you share more info about the meetup please?

Post: Best Cash Flow Towns in MA

Syed KhanPosted
  • Shrewsbury, MA
  • Posts 65
  • Votes 13

@Phoebe Barrett I am not too familiar with areas other than Worcester. I own 14 units within Worcester and surrounding towns. Rents have gone up from $1000-$1100 for 2 beds (2018) to $1200-$1300 (2020) depending on the condition of the unit. I just finished remodeling a 3 family and I am charging $1600 for the first floor (2 beds). For 3 bedroom apartments average price is about $1400-$1500. It’s a growing market and a lot of competition but you can come across some solid properties if you keep looking. I would love to connect with you as I am actively investing in Worcester.

Post: Looking to possibly Invest in Worcester Mass

Syed KhanPosted
  • Shrewsbury, MA
  • Posts 65
  • Votes 13

@Mark Navarrete Look up Sustainable Comfort and you can use my name as a reference or silver linings property management out of Gardner. You can also use my name with Makay who is the owner. They are both awesome. Let me know how it goes.

Post: Looking to possibly Invest in Worcester Mass

Syed KhanPosted
  • Shrewsbury, MA
  • Posts 65
  • Votes 13

@Mark Navarrete I have been investing in the Worcester market for 4 years. I own 14 units here and have worked with a couple Property management companies. You have to set your expectations up front with your property management company Di Roberto manages my cousin’s apartments here in Worcester but there management style didn’t align with how I want my units to be managed. They are pretty good but interview a few other Property management companies before you decide. I can refer you to a few here. I am also a real estate agent so if you need help finding/analyzing deals here feel free to reach out and I will be more than happy to connect with you. Good luck! :)