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4 December 2018 | 19 replies
@Sam Besong Wholesaling as you are practicing it is illegal in Massachusetts unless you have a license to sell real estate.Here is Mass General Laws, Title XVI, Chapter 112, Sec. 87pp, describing the activities that require a license:"''Real estate broker'', hereinafter referred to as broker, any person who for another person and for a fee, commission or other valuable consideration, or with the intention or in the expectation or upon the promise of receiving or collecting a fee, commission or other valuable consideration, does any of the following: sells, exchanges, purchases, rents or leases, or negotiates, or offers, attempts or agrees to negotiate the sale, exchange, purchase, rental or leasing of any real estate, or lists or offers, attempts or agrees to list any real estate, or buys or offers to buy, sells or offers to sell or otherwise deals in options on real estate, or advertises or holds himself out as engaged in the business of selling, exchanging, purchasing, renting or leasing real estate, or assists or directs in the procuring of prospects or the negotiation or completion of any agreement or transaction which results or is intended to result in the sale, exchange, purchase, leasing or renting of any real estate."
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20 November 2018 | 5 replies
Theoretical market rent and tenants actively paying rent are two very different things.Your upfront costs are going to be substantially higher with no tenants.
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5 January 2019 | 37 replies
Hello BP,What you do think is the best market for real estate near an Active AFB and why?
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29 November 2018 | 6 replies
I actively attend many different meetings in the Baltimore Area, though I am working to expand to the DC area.
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9 April 2019 | 22 replies
At this point, I decided to raise the listing price because I would probably end up losing money on the deal otherwise.So far, I'm thinking that we won't be able to find a buyer very soon who would pay the price I'm seeking, so I'm holding the property for rental.
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21 November 2018 | 4 replies
I just got under contract for this 5BED/2BATH w/mother in law unIt property where the numbers run great with almost $600 of net cash flow a month, which I believe to be decent for my first investment property, BUT there are a couple things I ran into and am seeking advice for. 1) During inspection, we found a few hazardous things on the property, that would need a $20k fix.
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1 June 2022 | 1 reply
Hello fellow NY Landlords & Property Managers:We are seeking to potentially off-load up to three of our 3-Family Buildings in North/Central Brooklyn NY to a detail-oriented, will-stop-at-nothing-to-do-it-right Property-Manager (maybe one that specializes in 3-family townhomes & brownstones in Brooklyn).
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1 October 2018 | 3 replies
Hello Everyone, My name is James and am active duty military for the past 7 years here at Ft.
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4 October 2018 | 6 replies
They likely know someone interested in expanding their portfolio.Contact commercial lenders in your area and see if they know any investors looking to buy large portfolios.Contact real estate agents or property managers because many of them work for investors and are actively searching for more properties.
14 August 2021 | 25 replies
No he didn't put me up to this, I am a student of the REI game and especially Mobile home park investing and I seek to connect with people who know the game. that's how one educates, networks and grows and at the end of the day isn't that what were all here for. . . . . . . . . . . .