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All Forum Posts by: Brian Connelly

Brian Connelly has started 1 posts and replied 27 times.

Post: Buying a Property in College: Is it Possible?

Brian ConnellyPosted
  • Investor
  • Weston, MA
  • Posts 27
  • Votes 19

Nice on UMass Amherst! I went there as well, but it took me a few years after college before I was able to purchase an investment property.

As the above commenter mentioned, you definitely can purchase asap - one way or another.

I'd say the thing you need to me mindful of in MA is competition & pricing. In all candor, buying a multi-family with a $10k deposit East of Worcester is next to near impossible, or perhaps incredibly difficult at best. Springfield, on the other hand, might be a viable market.

Post: Looking for historic grant money

Brian ConnellyPosted
  • Investor
  • Weston, MA
  • Posts 27
  • Votes 19

Following. @Rich Hupper, what do you mean by historic components? HVAC? Plumbing? Electrical? Aesthetic?

I have a historic property that could benefit from this type of grant. Had no idea such thing even existed.

Post: Best Places to Invest in Massachusetts?

Brian ConnellyPosted
  • Investor
  • Weston, MA
  • Posts 27
  • Votes 19

Worcester is a great place to invest. Based on recent investment & growth in the city, it's prime to get even better.

There was an article in the news about the influx of real estate investors moving into Worcester from Boston based on drying up returns in the city. 

If you know your neighborhoods in Worcester, investing there is really a no-brainer.

Post: Investor carrot or lead propeller?

Brian ConnellyPosted
  • Investor
  • Weston, MA
  • Posts 27
  • Votes 19

@Will F. I've been involved in the development & optimization of websites from anywhere in the ballpark of $750 - $25k.

@Sean Dolan is money when he says: "but once you get to the point that a $15k custom site is worth a 1% increase in conversions (and up from there), make the move to a custom site by someone who knows what they're doing."

It's worth it at the point to get a legitimate agency to develop a site & full scale digital marketing plan based on that online presence. Some of these big investment companies and brokerages are spending even more than that on just their site alone...believe me.

And you can get an optimized site done a lot cheaper or even by yourself. There's entire freelance communities out there who can do something like SEO and web development. But if you're looking for a steady stream of leads - you need it done right, which we all know always costs quite a bit more.

Post: Investor carrot or lead propeller?

Brian ConnellyPosted
  • Investor
  • Weston, MA
  • Posts 27
  • Votes 19

@Sean Dolan Also excited for a possible update

Post: Is it better to get broker or agent license?

Brian ConnellyPosted
  • Investor
  • Weston, MA
  • Posts 27
  • Votes 19

I'd imagine it'd be "better" to get your broker's license, but it doesn't come as easy.

In my state of MA, you need to have your agent license and have served under a broker for x amount of hours per week over the course of 3 years.

And they are not the same. A broker's license connotes more freedom/responsibility because you can go out on your own.

Unless you are a practicing attorney, you'll have to get your agent license before your broker license.

Post: Is a skunk in the yard my responsibility?

Brian ConnellyPosted
  • Investor
  • Weston, MA
  • Posts 27
  • Votes 19

Legal Disclaimer: Any content of my propriety should not be taken as legal advice nor considered legal council.

Shoot the skunk.

Post: Direct Mail Marketing results

Brian ConnellyPosted
  • Investor
  • Weston, MA
  • Posts 27
  • Votes 19

That's awesome man! Well done 

Post: What Option for a Brokerage Would You Recommend?

Brian ConnellyPosted
  • Investor
  • Weston, MA
  • Posts 27
  • Votes 19

@Jonathan Greene thanks for the reply.

What you said makes a lot of sense. I do want to work with both buyers & sellers (clients) and establish a reputation for myself as a go-to agent. It'll be my primary occupation/priority as I begin to delegate more and more with my marketing company.

My notion behind working with investors was to grow my own education for my future real estate investments. To me, it's just another perk of the "job," and not necessarily a dealer breaker regarding brokerage selection.

To me, choosing a smaller, more personal brokerage seems like the way to go. I'm leaning either towards that direction, serving as an assistant to another, more successful agent/broker, or joining a "team" at a large/nationally recognized brokerage.

Post: What Option for a Brokerage Would You Recommend?

Brian ConnellyPosted
  • Investor
  • Weston, MA
  • Posts 27
  • Votes 19

Just wanted to thank everyone for the awesome advice and for those who've reached out.

I ended up getting my license Saturday, and will be contacting potential brokers sometime later this week & early next week.

If anyone has anymore recommendations, I'd be happy to hear them. Thanks again everyone!