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All Forum Posts by: Thomas Hickey

Thomas Hickey has started 34 posts and replied 299 times.

Post: Replacement windows, increase rentability and profit?

Thomas HickeyPosted
  • Real Estate Investor
  • Peabody, MA
  • Posts 304
  • Votes 91
Hi All, I have one unit that still has the old style single pane windows with storm windows. I'm wondering if there is a noticeable return on rents to upgrade to replacement windows. Tenant pays the heat. Tom

Post: Online rental payment ?

Thomas HickeyPosted
  • Real Estate Investor
  • Peabody, MA
  • Posts 304
  • Votes 91
Thanks all for the replies I'll have to research each one Tom

Post: Online rental payment ?

Thomas HickeyPosted
  • Real Estate Investor
  • Peabody, MA
  • Posts 304
  • Votes 91
There are some older threads concerning this but due to rapidly changing technology wanted to see what luck people have had with online/ electronic payments? - cost to landlord or tenant? - ACH option? - credit card option? Thanks in advance for help! Tom

Post: City Inspector Just Created A Million Things to Do

Thomas HickeyPosted
  • Real Estate Investor
  • Peabody, MA
  • Posts 304
  • Votes 91
@ steve dellapelle Was this for a section 8 inspection ?

Post: Trump Tax Plan - Calling All You Tax Gurus

Thomas HickeyPosted
  • Real Estate Investor
  • Peabody, MA
  • Posts 304
  • Votes 91
Will you still be able to deduct your renovation expenses? Also any mention of 1031 exchanges? Overall even if it hurts real estate investing could shake up the tight market and reward those willing to jump in

Post: Tenant is forcing me to accept his section 8 voucher

Thomas HickeyPosted
  • Real Estate Investor
  • Peabody, MA
  • Posts 304
  • Votes 91
If you are completely opposed to section 8 your play could be to not accept it for the duration of your lease and then with proper notice before the end of the lease raise the rent to an amount that section 8 will not approve. Nothing about this play that they could argue discrimination on.

Post: cash out on investment property

Thomas HickeyPosted
  • Real Estate Investor
  • Peabody, MA
  • Posts 304
  • Votes 91
Cash out refi will give you the most cash. Heloc will be limited more by your dti but you won't have to pay for the money while you're looking for your next investment

Post: Where to buy tile north of Boston?

Thomas HickeyPosted
  • Real Estate Investor
  • Peabody, MA
  • Posts 304
  • Votes 91
Looking for a good place to buy affordable tile. Used to be more places but now seems HD and Lowes only game in town. Anyone have any luck at low prices? Tom

Post: Clinton Massachusetts Snow Plowing needed

Thomas HickeyPosted
  • Real Estate Investor
  • Peabody, MA
  • Posts 304
  • Votes 91
Anyone ever try the app plowz & mowz?

Post: Discrimination? How to prevent it.

Thomas HickeyPosted
  • Real Estate Investor
  • Peabody, MA
  • Posts 304
  • Votes 91
Rich Ng Don't forget exteriors and common areas must also be deleaded. On your average duplex in this area there goes your next decade of cash flow/ you may have to pull all of the equity out of building or sell it. MA meant well with this law, but you talk to most of these young renting families and they have a real hard time finding a place as a result. When I advertise a deleaded unit I literally can't even read all of the responses.