All Forum Posts by: Axel Ragnarsson

Very rare 3 family in Chester, NH! Situated on a large, wooded lot with plenty of parking, this property generates $37k+ a year in gross income. Tenants pay electric and

the tamper proof thermostats and vinyl windows in each unit keep heating costs low. The coin-op washer and dryer in the basement also provide additional income.

These units could not be easier to rent, don't miss out on this rare opportunity! Won't last long at this price. Agent interest.

Listed by:

Axel Ragnarsson

Berkshire Hathaway Verani Realty

1 Verani Way, Londonderry NH, 03853

Personally, I just go on my states’s website and make one myself. Takes ten minutes and costs $125. I’ve heard horror stories of people who use legal zoom... costs them $400+ to make a simple LLC and ends up being harder than if they had done it themselves. Granted, that may not be the norm, but it’s what I’ve heard - if I were you I would just do it myself.

Hey @Teddy Shonts, I currently live in Portsmouth, grew up near Derry, and actively invest in the Manchester area. I'm on the younger side as well (23 years old) and currently own 17 units so I'm sure we could share contacts and strategies for finding deals and financing -let's connect sometime

@James Lapierre The Manchester market will certainly get you those numbers, and you can find duplexes in solid areas that will get you what you need. If you wanted to be farther south (Windham, Salem, Atkinson, other smaller border towns) you’re going to have find a good deal for a duplex to hit the 1.5%+ rule. PM me and I can send you some properties that will fit that criteria!

James, kudos to getting pre-approved and taking some concrete steps towards making your first deal. You mentioned you’re looking for a duplex that meets the 1% rule while you’re owner occupying - this is going to be pretty tough, there’s not too many deals out there that would hit this metric, as it would imply that the property nearly hits the 2% rule when you move out and rent your unit (which is hard to achieve in NH). The only way to really achieve this is to look for 3-4 unit buildings, in which case it’s possible. What areas of NH are you looking in? That greatly dictates the kind of deals you’re going to find... the numbers you find on NH/MA border properties are going to be significantly different than ones in say Nashua or Manchester

@Matthew Couto Welcome to BP Matt! NH is a great place to invest, let's connect sometime!

Hi Jaime, welcome to BP. I work, live, and invest in the seacoast NH area (as well as throughout NH). Let me know if I can help in anyway!

Hey all,

Does anyone have experience or know how to pull county eviction records in NH? I've looked around but am having a hard time finding where I would do so. It would be for the purpose of sending direct mail to landlords currently undergoing evictions (I would be mailing in Rockingham, Strafford, and Hillsborough counties).

Thank you all in advance!

Hey Charlie Lehoux , I️ graduated from UNH in May and have been investing in rental properties for a couple years now. I️ live over in Portsmouth and work as a commercial real estate agent now and am constantly looking for deals and opportunities in the seacoast area. I’d love to connect at some point, shoot me a colleague request

Thank you all for the replies. @John Thedford I'll be sure to check my state's statutes. I have looked at them, but am having a hard time interpreting them.. they say that any individual who engages in lending that is secured my real property in a business sense (does so more more often than one isolated incident) would be considered someone who requires a mortgage banker license. I know a number of private money lenders who do this and who do not possess a mortgage banker license. I'll have to speak with someone in my market who understands it more clearly than myself.