
23 June 2024 | 13 replies
Would you provide the address to this kind of inquiry?

21 June 2024 | 13 replies
For example, the unemployment rate, relatively low, is 6.5% versus MA's 3.5%It's been a long time since I was more familiar with Springfield, so I'm not sure about the impact of the casino.In general, similar to other working class cities like Fitchburg, in Springfield I'd imagine you'd fine the following conditions:- Attractive Cap rates- Medium vacancy- You're paying a realtor or property management company to find tenants (in higher end cities the tenants pay the realtor fee)- Section 8 tenants -- could be a negative or positive, depending on your view.

25 June 2024 | 16 replies
You likely will not be in a position to get multiple contractors to provide quotes on change orders which is why it will not be optimal pricing, but you need to know the cost.

23 June 2024 | 1 reply
. - Most 5+ unit lenders will want the borrower to provide documentable real estate related investment experience.

22 June 2024 | 14 replies
A lease is the way YOU want to conduct your rental so choosing one randomly/ already done may not be correct for you.Resident screening is very important but there are state laws and even federal laws (disparate impact as an example) that you want to be careful about.Having a few key maintenance people is very important as well because that is an area of great concern to the resident.I could go on but feel free to ask more questions.

24 June 2024 | 20 replies
It must meet the requirements per the building code IRC (I think Massachusetts follows a modified version of the IRC) you must provide the required amount of light, air/ vent, and egress.

24 June 2024 | 6 replies
Upfront expenses and monthly payments must be considered when calculating the return on your investment.EXAMPLEI will provide details below, but here's the short version for those who hate to read or do math.

25 June 2024 | 15 replies
Real estate provides you a return in one of two ways, cash flow and appreciation.Cash-flow is negativeDo you project your appreciation to be positive?

25 June 2024 | 24 replies
These professionals can provide valuable insights and help you navigate the complexities of real estate investing.Research the market: Start by researching different markets across the country to identify areas with strong rental demand, affordable property prices, and potential for appreciation.

24 June 2024 | 9 replies
You and your immediate family members would be considered "disqualified" to the IRA; therefore, you will not be allowed to benefit from the IRA in any way nor provide any services to the IRA.