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All Forum Posts by: Todor Ialamov

Todor Ialamov has started 13 posts and replied 112 times.

Post: 18 Units Fitchburg MA

Todor IalamovPosted
  • Real Estate Agent
  • Burlington MA
  • Posts 113
  • Votes 141

Investment Info:

Large multi-family (5+ units) commercial investment investment.

Purchase price: $685,000
Cash invested: $171,250

11 Residential Units, 5 Bay Garages and 2 Barns

What made you interested in investing in this type of deal?

Size of the property and add value possibilities

How did you find this deal and how did you negotiate it?

Off market

How did you finance this deal?

1031 Exchange

Post: 4 Family South Lawrence

Todor IalamovPosted
  • Real Estate Agent
  • Burlington MA
  • Posts 113
  • Votes 141

Investment Info:

Small multi-family (2-4 units) buy & hold investment.

Purchase price: $495,000
Cash invested: $123,750

3 family with 3 bedrooms each + a 3 bedroom single family in the same lot

Post: What do you drive to your rental properties?

Todor IalamovPosted
  • Real Estate Agent
  • Burlington MA
  • Posts 113
  • Votes 141

I do own a flashy car, but always drive my old one to my rentals.

Post: Lowell/Merrimack Valley Meetup

Todor IalamovPosted
  • Real Estate Agent
  • Burlington MA
  • Posts 113
  • Votes 141

Hello everyone, 

MassLandLords is holding a webinar on security deposits today (Friday the 10th)  from noon to 1pm. I would strongly encourage you to watch it, for the proper handling of the security deposits is in my opinion one of the most important segments of the renting business. Here's the link to register: 

https://masslandlords.net/event-web/webinar-2020-01-10/

Post: Agent Struggles - Friends Using Other Agents - Advice?

Todor IalamovPosted
  • Real Estate Agent
  • Burlington MA
  • Posts 113
  • Votes 141

Hello Jesse, I was in exactly the same situation a couple of years ago - very experienced investor but a new agent. A few of people I know very well bought with other agents. I agree - not the best feeling in the world. On the other side - I did help a couple of other friends buy a house. One was smooth and easy, second one was a disaster. 

Keep on doing what you do and don't take it personal. I would bet a few years from now many of your friend that had gone with a stranger agent will use you for their next transaction!!!

Post: Lowell/Merrimack Valley Meetup

Todor IalamovPosted
  • Real Estate Agent
  • Burlington MA
  • Posts 113
  • Votes 141

Great meet up.Looking forward to seeing you again Jon. I would strongly encourage anybody interested in investing in the area to attend- awesome bunch of people and Jon is extremely pleasant and knowledgable. Thanks for organising!!!

Post: Where are you buying for cashflowing properties today?

Todor IalamovPosted
  • Real Estate Agent
  • Burlington MA
  • Posts 113
  • Votes 141

I’m a realtor and buy and hold investor north of Boston MA. Market is definitely not what it used to be but I am still finding cash flowing properties (only multi family buildings)!

Post: Social Media’s Secret Sauce-Making a Splash in Real Estate?

Todor IalamovPosted
  • Real Estate Agent
  • Burlington MA
  • Posts 113
  • Votes 141

Hello, is this meet up more for real estate agents or investors?

Thanks

Post: MassLandlords Networking: Sound Money Management

Todor IalamovPosted
  • Real Estate Agent
  • Burlington MA
  • Posts 113
  • Votes 141

Hello, just wanted to confirm that this event is happening tonight? Thanks

Post: Anyone started investing in RE at age 35 or later?

Todor IalamovPosted
  • Real Estate Agent
  • Burlington MA
  • Posts 113
  • Votes 141

Bought my first condo when I was exactly 35.  6 years later bought my house using some of the equity of the condo. In the last 2 years bought 4 3Family houses using my savings and the remainder of the equity I had in my condo and my house. Now it's time to get creative on financing my next deal.