The lender at my bank also said he’s starting to see more money being invested in that area and I feel there is a lot of room for growth in that city.Chelsea is a rougher area but flanked by a budding East Boston and a new casino in Medford where people with a lot more money than me are investing in.

So adjust repair expenses to compensate for the higher price.Also, in an expensice market I like to focus on areas of good appreciation coupled with good rent growth.

Whats up everybody,Just wanted to introduce myself my name is Christopher Gamboa, born and raised in El Paso and just recently moved back about a year ago to contribute to the growth of this amazing city. 

I am not familiar with the zoning boards, but have heard they can be very political despite an investors best intentions for the property and neighborhood.Illegal duplexes exist all over the city, and I’ve heard that continuing to use it as such is less of a risk due to the lack of enforcement by the city.

This is very exciting but I can't help but wonder if we should continue to be patient while paying off debt before we get into real estate or figure out a way to jump in get a property to house hack or live in flip etc.. 

The search continues...

I look at where the likelihood of growth over the next couple of years will take place. 

If it continued to rise the way it has been then I would worry about a crash.

Do I pay it out of my LLC's bank account or continue paying out of my personal account.

Roof was replaced recently without special assessment.We're trying to decide whether to sell late in the fall, rehab over the winter to sell in the spring, or continue renting after tenants move out.