All Forum Posts by: Christopher Lynch

I have been talking with friends in the real estate space about housing flipping. Many are interested in partnering. However for liability reasons I don't want to flip without a LLC.

Am I able to buy under my LLC and they buy with their LLC so both our LLCs own the flip jointly? I would like to avoid starting a LLC with the person if possible. How do you structure partnerships on paper?

Hi All,

I came across this awesome video on bigger pockets a couple of months ago that compared all avenues and the income levels you can realistically reach in each. It talked about being a Realtor, House Flipper, Short term rental investor and long-term investor. It was great! The issue is I can no longer find the video. If anyone knows the video I am talking about and can share the link with me that would be great. I spent the last 30 minutes searching for it with no success!  

Many Boston investors are moving into Rhode Island for more cashflow. The prices here are lower which give a greater opportunity to cashflow and it is only a 45–60-minute drive from most parts of the state. We also have an airport in Warwick that is centrally located if you are a big traveler.

There are many great markets to look into. (Providence, Newport if you want to look into higher end assets or and West Warwick if you want lower prices and higher cashflow.) Some even like Woonsocket as it is even closer to Boston but still Rhode Island. 

Hi All, I have been doing due diligence on buying a short term rental in NH. Most information I have come across show they make more cashflow on average then the LTR model. 

I would love to hear from some current STR investors and hear about your personal experience. How much cashflow do you make on your STR and what should I expect?

Hi All, looking for feedback. I have a duplex I bought in 2019 in the West Warwick area. Since the market has really climbed and my neighbors just sold a smaller duplex for over 400k. 

With the market going so crazy I am considering selling and putting the cash ( 200k). in the bank for a possible correction and renting for a year or so. 

For those who have been through the ups and downs of real estate I would love to get your opinion. 

Great feedback! What other areas in NH are worth looking into? 

Nice! Have you found any safe STR areas to look into for NH?

Hi All, 

I have been researching the idea of putting together a STR portfolio and eventually raising capital once I can create a predictable system around buying and Cash flowing these assets. The big concern I have with this asset class is the control element. It seems like many towns are creating new regulations around STR. It would be tragic to build a portfolio and have the local town come in and shut it down.

I currently have a Duplex that cashflows very nicely in Rhode Island. New Hampshire would be much easier to start with as a it is very drivable and they have winter and summer travel seasons. However, It seems like there is alot of opportunity in FL and it is only a short flight away. 

Is anyone building their STR portfolio in these states? If yes any feedback or advice would be awesome. Also, would love to hear some locations that are STR friendly in each state. I have been looking into the lakes area of NH so far.

Hey! I know agents can flip homes. But what are some best practices and disclosures to protect your license? 

I am getting into fix and flip now after 8 years in real estate sales. I still have a team and want to make sure I protect that agent sales income stream as I build this additional one. 

Looking to hear from agents who also fix and flip. Any advice Is appreciated. 

Hi All, 

I am looking to connect with a great lender who offers HELOC products.