All Forum Posts by: Zach Midwood

Hi all,

I am looking for recommendations regarding finding an Attorney who has experience or can provide guidance on wholesaling in Massachusetts.  If you know of anyone who may be interested please reach out.  

Thank you!

Zach

@Eric Malone

Hi Eric, I too am in New Bedford MA AND I have a contact at BayCoast Bank and Northpointe that may be able to help. Send me a message and I can forward you their contact info.

Zach

@Edly Destine

Sounds great Edly and best of luck to you! Keep me posted!

Zach

@Edly Destine

Mailing and wholesalers can help you find a better deal versus buying market value off the MLS.

It took me 9 months to find the right one. I spent the first 6 months searching the MLS as I watched prices go up, up and up. I then began writing letters to motivated sellers. I focused on distressed properties and owners going through evictions. Evictions are public information which I found on my states (MA) website. I got several leads this way, but still ended up finding mine off the MLS. I know my area well because I saw 70+ properties before buying my first, so when this one hit the market I knew the price was right and I jumped on it.

Stay consistent with whichever methods you choose and don’t buy just to buy, make sure the property helps accomplish your goals.

If you have any other questions feel free to reach out!

Zach

@Edly Destine

I recently purchased my first multifamily (3-unit) this past June. Based off my experience here is a little advice I will share. You mentioned you want to purchase your first multi before the end of the year, which is coming up. I would connect with as many wholesalers and RE agents in your area as possible. Get the word out and let people know exactly what you’re looking for. In the meantime, be looking yourself as much as you can. Perhaps even send out mailers, cold call, or door knock properties of potential motivated sellers. These tactics can help you find a great deal versus buying on the market.

Keep at it each day. Stay disciplined and consistent my friend.

Zach

@Bud Gaffney

Absolutely! I like that location over by Bradley road. I’d definitely be interested in meeting up. Next time you’re in the area feel free to reach out...there are some good coffee shops in the downtown area we could go to

Looking forward to it!

Zach

@Bud Gaffney

Hi Bud! I a newbie to real estate investing but will provide you with a piece of advice someone had told me when I had asked the same question. I was advised to go the 30-year route and that I could pay it off as if it were a 15-year loan. If something came up in life and I needed the extra cash; I could revert back to my minimum payment. However, if you go the 15-year route you do not have that option. I purchased my first 3-family back in June 2019 in New Bedford, MA

Cheers to your success,

Zach

@Alex Urbanek

Hey Alex I go to a couple meetups local to the area consistently.  Two of my favorites take place in Fall River MA and another in Warwick RI.  If you’re interested please reach out and I will send you the details.

I just purchased my first househack in New Bedford a few months ago.  It has been a great learning experience and I’d be glad to share some tips and answer any questions that you may have.

Zach 

@Florian Kuehne

Hi Florian - If you’re considering New Bedford MA or neighboring areas at all please feel free to reach out with any questions. I purchased a 3-family in the area a few months ago and loving it. I’d be glad to answer any questions and help guide you through the process.

Zach

@Joe Wooding

Hi Joe - How is the wholesaling going? I am diving into the world of wholesaling and just came across your post. I am from New Bedford MA where I just purchased my first 3-family. Did you have any luck finding wholesale groups in the area? I go to a few great local real estate investing meetups in the area that I could connect you with.