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All Forum Posts by: Jared Smith

Jared Smith has started 89 posts and replied 199 times.

Post: Eviction process in Worcester MA

Jared SmithPosted
  • Medford, MA
  • Posts 205
  • Votes 47

Hi Khalid, 

I am not a attorney, so take my answer as is. If you need a recommendation, I would be happy to provide one for you. I believe that if you carry through with the eviction process, in Ma you must then move the tenants property to a storage facility, where after 6 months you can dispose of it or sell the property.  My suggestion would be consulting a LLT attorney. Sometimes the 1 hour is worth it.

Post: Newbie from Beverly, MA

Jared SmithPosted
  • Medford, MA
  • Posts 205
  • Votes 47

Hi @Nicole Griffin welcome to Biggerpockets. Those are some great goals you have set out to complete. I would recommend attending a local REIA or REI Meeting. I know there are a few in your within an hour of your neck of the woods. Chelmsford REIA and Black Diamond (Woburn/Worcester) are the two that come to mind for me. These meetings are great to network and talk to people to see how they went about investing themselves.

Post: Standing out in a crowd - no, you can't buy me a cup of coffee

Jared SmithPosted
  • Medford, MA
  • Posts 205
  • Votes 47

Thank you @Ann Bellamy, always love getting the chance to help out at Black Diamond. I really do believe what you and the other board members are doing is amazing for the community. 

In regards, to the rest of your post, I think you hit the nail on the head. While I can say I have used the "coffee" line a few times; I think if you want to dive into a business, you should let people know you are serious through action. To second what @Tyler Libby mentioned, I think that you have to pay it forward, and don't expect anything in return. It will surprise a lot of people how much you will learn in the process of helping rather, then asking for all of the right answers. 

In short, to the new people out there, whom I am among. If you are serious, that is great, but many of the people you want to talk to have built their companies through hard work and and persistence. There is not one size fits all answer. Learn through helping, making mistakes and taking risks.  Instead of looking for lunch or coffee, see if there is anything your person of interest could use a hand in.

Thank you again Ann for giving me the opportunity to lend a hand at Black Diamond and teaching me much in the process! 

Post: New to biggerpockets and my first post!

Jared SmithPosted
  • Medford, MA
  • Posts 205
  • Votes 47

Welcome to BiggerPockets @Drew Richardson.  Get ready to ask questions the community is always looking to help! 

Post: Help in Massachusetts

Jared SmithPosted
  • Medford, MA
  • Posts 205
  • Votes 47

Hi @Matthew Catanzariti

Right now most on market properties do not produce a steady cash flow, at least this is what I have seen in Massachusetts. Most times you will get out bid from A. Foreign Money B. people who do not care about investments and just want a nice home C. People playing the appreciation game.  What I would recommend is go after off-market deals in 1 of 3 ways.

1. Investor Agent

2.Marketing  i.e. Direct Mail

3. Networking at Local REIAs/Wholesalers.

I am sure there are plenty of other ways to find properties, but if you are looking for the the most common approaches to finding Multi Families that aren't on the market these are the best examples I can conjure up.

@Rogel Feliciano Welcome to BiggerPockets! Paid courses can be useful for learning how to get in the REI game. Although this is an option, I would recommend instead reading and asking questions on BiggerPockets, as well as attending local real estate investing groups. Personally I believe networking is one of the biggest keys to getting in the game. I would advise attending one or two meetings for a REIA near you talk to people who have already been investing.

@Austin Fruechting Congrats! Wait to turn the dream into a reality. It always cool to see people who set a goal and accomplish what they set out to do.

Thank you @Larry Turowski for the learning story. I am glad to see you continue pursuing real estate even after a loss like that. 

@Jonathan Jaime Velarde I don't have any stories, but I would highly recommend joining a local REIA or Real Estate meetup group (They can be different). Additional to BP there are tons of investors that are always willing to talk and exchange stories at these events. Good luck in your REI pursuit.

Post: What is your COLLEGE DEGREE IN!?

Jared SmithPosted
  • Medford, MA
  • Posts 205
  • Votes 47

BS in Operations Information Management(Supply Chain) IT Secondary. 

Although not Real Estate related, the organizational need and data analysis has come in handy when looking into the unknown.

@Andrew Campbell

Congrats! Keep it going. It is great to see people turning dreams into reality.  Good luck in crossing the finish line.