All Forum Posts by: Amil D.
Amil D. has started 10 posts and replied 42 times.
Post: Working 9-5 while buying Property?

- Rental Property Investor
- Indianapolis, IN
- Posts 54
- Votes 18
Post: Massachusetts eviction laws

- Rental Property Investor
- Indianapolis, IN
- Posts 54
- Votes 18
Hi all! I am a young investor (27) and thinking about getting into rental properties. I have about $50k.
I live in MA but am hesitant to purchase anything here due to the laws - I've heard stories of people not being able to evict tenants for months after going through a legal process.
Any ways to avoid this problem (such as different tenant screening strategies)? Even in nice neighborhoods there can be issues, for example I know rich kids (party animals) have left their apartment in terrible shape after moving out (although they did pay the rent)
I know you can build in an expected vacancy into your reserves but who knows what that will be? It could be 1 month or a year.
Or is it smarter to avoid MA and use a turnkey site like Roofstock to buy a property elsewhere?