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All Forum Posts by: Thomas Hickey

Thomas Hickey has started 34 posts and replied 299 times.

Post: any investors do the dirty work??

Thomas HickeyPosted
  • Real Estate Investor
  • Peabody, MA
  • Posts 304
  • Votes 91
I do most of my work on buy and hold rentals. Not sure if doing your own work ok flips would be profitable unless it is a house hack

Post: Renters damaged hardwood floors: What to do?

Thomas HickeyPosted
  • Real Estate Investor
  • Peabody, MA
  • Posts 304
  • Votes 91
Was this a "service animal"?

Post: Haverhill Real Estate Guild Meetup

Thomas HickeyPosted
  • Real Estate Investor
  • Peabody, MA
  • Posts 304
  • Votes 91
Rob L. Does the Haverhill real estate guild have a website for Facebook page for future updates?

Post: Haverhill Real Estate Guild Meetup

Thomas HickeyPosted
  • Real Estate Investor
  • Peabody, MA
  • Posts 304
  • Votes 91
Rob, Sounds good hope to see you there. Tom

Post: Lowell vs Haverhill - Which Do You Like?

Thomas HickeyPosted
  • Real Estate Investor
  • Peabody, MA
  • Posts 304
  • Votes 91
I honestly think Lawrence could be the true up and comer if they could ever get a handle on their unpredictable politics/ dysfunctional local government. It's right in rt. 93

Post: Tenant complaint noisy children

Thomas HickeyPosted
  • Real Estate Investor
  • Peabody, MA
  • Posts 304
  • Votes 91
Unfortunately I don't think there is much you can do. I would certainly mention it and recommend rugs. What you can do is price problem tenants accordingly. A $200 rent increase sounds in order for the aggravation factor and the fact that you will likely have to clean and rent the apartment below soon.

Post: Was this mortgage fraud?

Thomas HickeyPosted
  • Real Estate Investor
  • Peabody, MA
  • Posts 304
  • Votes 91
John Jackson All well and good and I agree people should follow the law. Isn't your time better spent on things you can control like your future real estate endeavors?

Post: Was this mortgage fraud?

Thomas HickeyPosted
  • Real Estate Investor
  • Peabody, MA
  • Posts 304
  • Votes 91
At the end of the day as long as mortgages are all being paid you would only frustrate yourself. For a bank to foreclose on something like this would be nearly impossible.

Post: Rent Control, Entitlement, Free property or Property Rights?

Thomas HickeyPosted
  • Real Estate Investor
  • Peabody, MA
  • Posts 304
  • Votes 91
It's a tired argument. Any desirable areas would immediately be condoized, marginal areas would become run down quickly. Also some landlords will deliberately create unsafe conditions so the building can be condemned. Everybody loses with rent control. Easier solution! If you can't afford to live in a gentrifying area move 45 minutes from just about any major city that you can easily afford. This is exactly what has happened to the house buying middle class. I grew up 15 minutes from Boston, most of my high school classmates have been pushed closer to 1 hour away, there is no "house control" you just have to adapt.

Post: About to Close on Multi-fam, what next?

Thomas HickeyPosted
  • Real Estate Investor
  • Peabody, MA
  • Posts 304
  • Votes 91
Chinmay J. I have been guilty of over-improving, only because the space was unfinished and new premium materials are not much more than economy.