All Forum Posts by: Brandon Ingegneri

I selectively lend in RI.  If you are interested in discussing it further, we certainly can. 

I have mixed feelings overall.  Providence is a 5 minute train ride away from the upcoming Pawtucket station, and pricing seems relatively stable.  We have had a train station there forever, and it really doesn't impact the housing prices of the city.  I think that realistically, the economic condition of the state is more of a factor than the new train station.  I do expect there will be a modest uptick after we experience a pull back, but I do not think that it will be substantial.  Prices have topped out in the area, rents have already increased, and are approaching what I believe are the upper thresholds.   

Spend the few bucks and get lead certs. Well worth it to avoid the potential downside. Mass is one of those states that will string a landlord up for stuff like that. Not worth the risk at all.

@Cameron Riley

Less is more. Just explain that you selected another applicant. Period.

That may not be entirely true. I know nurses employed at state run prisons who are state employees. I would imagine there are certain federal positions at a VA hospital for instance. It is less about questioning the validity of her story, and more about what course of action he should proceed with I believe.

Get out of hard $ as soon as you can. It’s temporary financing.  It is a means to an end, not an end itself. 

Multiple irons in the fire.  I like that.  Best of luck investing in those areas. They have worked out well for me also, and you seem like an intelligent guy, so Im sure we will be hearing about more of your success moving forward.  Looking forward to it. 

Electric heat lots of people don’t care for. They associate it with easily catching fire and it is generally a little more expensive a method of heating. If you can throw in a gas, high efficiency combo unit, it is the way to go. You will appeal to more people. 

Honestly, I’d just think about it like you have a primary residence for a monthly fraction of what buying a single family would cost you. Coming out of pocket a few bucks each month isn’t a big deal to have a place to live, especially when some of that doesn’t come out of your pocket. I’d wait, build equity and cash, then make your next move. I wouldn’t jump right into the next one without doing a little due Dilligence first. No disrespect, but it sounds like you may have rushed this one a little, which happens. I’ve done it myself, but the important thing to do is to not make the same mistake again. 

@Justin R. nothing. But the point that I’m trying to make is that you need to think a few steps ahead.  It’s an analogy.