With that said, it does have more wear and tear.

With that said, it does have more wear and tear.

Sounds like we are on the same path.

We are growing at such a rapid pace I have noticed our systems aren’t adapting.For example, with all of the units, there are a substantial amount of repairs and maintenance going on.

The number we are looking for is the net operating income or NOI.

We are finding areas along the commuter rail going north and south seem to have better cash flow opportunities and aren’t appreciating as quickly as the more immediate areas surrounding Boston.

Post rehab, we are thinking would be at a good value, giving us the option of BRRR or....as my taxt acct recommended, return the $ to the 401(k) to avoid paying the fees.Being our first investment, We are both, nervous and excited, but convinced that We want to invest in RE.

I’d contact the title company I worked with and bam by 11 I’d have 60 years of title history...yup West coast have digital title plants.. and the other east coast the records are at court house and an abstractor has to collect them for a fee.. or you have to do it yourself.. keep in mind East coast records are far older than west coast.. we are babys .. most records start with Spanish land grants.. along with section and range descriptions.. with 90% of the searchs done in lot and block.Just like some states people actually survey an SFR before they buy it.. that simply is never done in a subdivision on the west coast if you asked for one realtors and others would look at you like your were from  Mars or maybe Venus

Lastly where Real Estate was the headline the last couple of years we are now a footnote with merely a couple of paragraphs In the end I stand by my post from early in the week, high priced markets are going to struggle with slow listing growth and buyers revolt making Supply of inventory shoot past 5 months very quickly. 

I then talk about how close we are to an agreement - only X amount off.