Craig Lillard
Serial vacation rental strategy. How does this sound?
12 May 2020 | 17 replies
If I had to do it all over again I would consider the following:Top 10 Lessons Learned: 1)Location is still everything. 2)Vacation Locations are more susceptible to significant upswings and downturns. 3)Transportation methods are an important consideration 4)No matter what, DO NOT trust ANY of the "current" OTA's (Airbnb, VRBO, etc), they are NOT looking out for your best interests 5)Whether or not you use a management company, prepare to spend more time dealing with them than you initially anticipated, so you might as well self-manage, and it is "doable". 6)View the properties as inventory, not "homes" and be prepared to pivot quickly. 7)Define "guests" for yourself.
Tim Sipowicz
Primary residence as a rental
25 October 2020 | 43 replies
Tim, I had the same dilemma when my wife an I had a condo in Boston we needed to sell 2012 to move to Columbus, OH.
Steven Correale
Hard Money lending on BRRRR
11 August 2020 | 6 replies
Hi,Im looking to BRRRR in the Boston or Southern NH area.
Steve Mitrano
Need opinion on appliances...
2 October 2018 | 21 replies
What's up BP family..I just acquired my first 6 units in the Boston area and I'd like to get a few opinions on whether or not I should remove the dishwashers from the units, and if I should allow tenants to have washer/dryers.
Chris Roche
RE meet up South Shore mass?
10 December 2018 | 54 replies
@Chris Roche That was the Boston South REIA.
Kenneth Garrett
Last BRRRR - Great Cashflow
26 November 2018 | 2 replies
Close to trains and public transportation.
Leroy Wallace Jr
Refi and payoff student loans?
2 August 2019 | 8 replies
However, in the Boston area where I currently invest I don’t think I could match this cash flow...Let me know what you think.
Brandon Drayton
How to Create Criteria for Buy and Hold
5 December 2019 | 32 replies
Close to Public Transportation, jobs, schools, popular downtown area, restaurants, businesses, parks, bike paths, rec centers, retail, good walkability score.4.
Matt Ransom
Would you rent to this potential tenant?
15 July 2015 | 13 replies
The good:Clean cut, well spoken, has 2 verified sources of income (one is a transportation business he owns) and meets our income qualifications, good payment history for the past 2 years according to credit report, good communication with me, jumped through all of my hoops.The bad:While the past 2 years are "clean"....Chapter 7 Bankruptcy in 2013, Eviction (says he co-signed with a girlfriend), 2 divorces (which led to bankruptcy) and a "failure to operate vehicle with license" on criminal report.
Account Closed
Which location is better?
20 February 2016 | 15 replies
I grew up outside of Boston and moved to Enfield CT in 2007 to enroll in the night and weekend program at UCONN.