All Forum Posts by: Brian Herald

@David Bellmont welcome! I'm new as well. Around Boston is tough for sure. I live in Danvers and have been keeping an eye around the north shore. A friend and I have also been looking around Nashua, NH where he lives. 

@Timothy Meuse Congrats on the find in Salem! If you wouldn't mind, could you talk a little about your search criteria for this area? Are you looking for specific types of properties, or just analyzing what's out there to see how the numbers look? 

Welcome @Julius T.. I just joined myself and am looking to learn about vaca rentals as well. See you around the forums!

Thanks, Katrina. That does make sense and it's good advice. THanks for the feedback!

I am brand new to the BP community and am already seeing a lot of helpful info in the forums. One question I keep coming back to is related to securing financing for single-family or multi-family properties when working with a partner. A friend and I have been talking about investing in property and I'd like to hear from anyone who has done this through traditional fixed mortgages. 

I've seen a lot of posts about buying through an LLC where one or both members guarantee the mortgage, and I'd really like to hear about people who have been through this.

Look forward to any info you can share!

@Rocky Verteramo Sounds like a great deal, but like Darren mentioned they important part here is the properties they are putting up. Worst case scenario they are trying to drop two properties they don't want to deal with so don't care about repaying according to the agreement terms. Now, I doubt that's the case because it would be too obvious by doing some basic research on the two properties. And like I said, worst case. So, having a lawyer-drawn contract is a good move and researching those properties is a good move. Hope it all works out for you whichever way go!

@Justin Repp thanks for your feedback! 

@Shaun Reilly thanks for the info! Been looking a little in Nashua so may be worth a trip to a meeting to check it out. Thanks again.

@Mike Hurney I haven't looked at AirBnB at all, no. I am still just scoping out vaca locations where property is available. Mainly eyeing lakes region and white mountains area in NH. A friend and I are also starting to scope out multi-family properties in Nashua to see what's out there. 

@Rob Poulin I agree! You bring up some really important points. The region is key, and I like the idea of a place close to a down town. Not necessarily a bustling hub, but a place with a few restaurants, a few stores, etc. I think those conveniences are helpful, especially for a place with water access but not waterfront.

@Parker Dresser that's a great point about people buying waterfront for personal usage. That makes it even more difficult to find the right type of buy. 

Thanks for the feedback!

I've been listening to the podcast lately and decided to join the community! I am currently interested in vacation rental property and multi family property in New Hampshire, and even property in Massachusetts. I look forward to learning a lot from the community.