All Forum Posts by: Yuzi Stha

@Stuart Weihler

Hi Stuart, Just curious where do you find apartment complexes to buy? 120unit, 150 units etc?or even small ones like more than 5 units

@Travis Marks Congratulations on getting started with your first property in RE journey. I specialize in the town you mentioned specifically Malden, Medford area. In my opinion, Malden still has some decent multifamily deals compared to other areas you mentioned. There are lot of multifamily properties in Malden area with 2 T stations nearby, if you can find something around the stations that would be ideal. Feel free to reach out to talk more about it!

@Kristina Ballou Can you provide little bit more details, like where are you looking for properties, price range etc.? I started with house hacking and I think that's a good way to start out. Feel free to reach for any questions.

@Ben Sylvester Welcome to the Nashua area. I lived in Nashua area for 5 years and recently moved to Malden area in Massachusetts. I know the area fairly well, and agree with everything @Evan Lowry said on his reply. House hacking is definitely a way to go, as you can live in one of the unit and rent out other units. Nashua does not have too many multi-family properties and the ones out there are mainly in downtown area. Manchester has some multi family properties but there are some sketchy areas around there so you would have to do proper research for the area. You can also do house hacking with single family and condos/townhouses too though it would not be super convenient as multifamily properties. As far as the loan goes, there are requirements for FHA type loans, you are better off doing 5%-10% DP loans as PMI these days are super low.

Feel free to reach out if you have any questions.

@Jacob Pereira Hi Jacob,

I see you mentioned you are not taking newer clients who are seeking for multifamily, but you can introduce to someone who can. I am a investor from Boston I invest in MF in greater Boston area, would be able to help me connect with someone at Austin who can help in finding MF properties..

Thanks,

Yuzi

@Dan Burstain

I don't think I would get cash flow out there in Austin area so ROI mainly

Hi everyone,

I am planning to invest in Austin area, looking to invest in Multifamily if possible, 600-900k range, duplex or triplex, any good suggestions/ideas?

Currently I invest in MF in Boston suburbs, but interested in investing in booming Austin market, also if you guys could list some good areas/neighborhood in Austin area please list those areas as well.

Thanks in advance!

Yuzi

Hi all,

I recently passed my real estate salesperson exam. Currently I am looking to join Massachusetts real estate brokerage who offers good splits and less fees. My focus is not really to sell real estates but rather buy investment properties to save some commission. Having said that, I won’t mind helping friends and families sell their houses here and there. That’s why some training in the beginning would be great. I have interviewed Lamacchia, Berkshire, KW so far, Lamacchia seems to have great trainings but their fees are high, same with Berkshire and heard that KW has higher fees too even though they have higher splits.

Any help would be appreciated? Let me know which brokers you guys think are good iaround Malden / Somerville/ Cambridge area?

Thanks!

Hi,

I have a 3 unit house where there are 3 dryers mounted to 1 big exhaust in the basement. I have noticed when one of the dryer is in operation the exhaust air makes its' way to other dryers as well when it is traveling to the main outside exhaust causing one of the dryer to get foggy. I am hoping to get some ideas to understand what you guys do to solve this issue. Is there certain requirement in Massachusetts on dryer vents for multiple dryers.

Also, if you guys know any company who works to fix these issues, that would be great.

Thanks,

Yuzi

I have recently acquired a new property with existing tenants living there. Previous owner was holding security deposits in non interest bearing accounts, as per law in Massachusetts we are required to put it in the interest bearing Massachusetts bank. I have contacted the bank to open those escrow accounts but bank said they would need W9 from tenants. I have the form to tenants but they are unwilling to fill those out, just want to hear back from other Massachusetts landlords on how they deal with these situations?

Thanks in advance..