All Forum Posts by: Jason Regan
Jason Regan has started 19 posts and replied 297 times.
Post: Closed on first of many properties today!

- Investor
- Leominster Ma
- Posts 305
- Votes 162
Congrats on your property. You worked with a great company to help you find it!
Post: Property Maintenance Technician

- Investor
- Leominster Ma
- Posts 305
- Votes 162
Brian,
I am not your guy for this job, but I live right around the corner in Leominster. Ill keep an eye out for potential candidates
Post: What are your goals for 2021?

- Investor
- Leominster Ma
- Posts 305
- Votes 162
Has anyone listened to the new BP episode when they talk about 12 week goals? What do you all think about that?
Post: Google PPC Rule Changes

- Investor
- Leominster Ma
- Posts 305
- Votes 162
I didnt know google made this change too. Facebook did this a while ago and made it so it is hard to target once you choose housing as the add type. I used to be able to target based on income and many other life events. As of now I pretty much can only target an area and they are interested in Zillow or a like site. It has made it harder for me, so I backed off them. I am interested to see if there is another person on here that knows google well. I would love to hear more.
Post: How to refinance a property that has been "BRRR"er

- Investor
- Leominster Ma
- Posts 305
- Votes 162
@Tomash Gabyak what is the value of this home after the rehab. I saw you said something about selling the property. Is this a cash out REFI or are you selling? A cash out REFI, buy and hold may not be able to get you the entire 134k if the home is not valued at that. You may have to get part of your money back. What do you think the home is worth after repair?
Post: Property Managers what will or will they not do?

- Investor
- Leominster Ma
- Posts 305
- Votes 162
Welcome to BP! I agree with several in here. I do some property management (looking to get out of it) and I feel the only thing the owner should do is write the check and watch the expenses. Collecting the rent is the easy part. Dealing with evictions, the 4000 unqualified renters that call you all day, and dealing with the repairs is where the real value is to me.
Post: Best cash flow markets in post covid world?

- Investor
- Leominster Ma
- Posts 305
- Votes 162
@Bud Gaffney I live in Ma and are always looking for great deals for new projects. Ill shoot you a message
Post: How to invest in-front of a looming real estate crash?

- Investor
- Leominster Ma
- Posts 305
- Votes 162
The way i see it is that every market is good for investing, we just need to look for the deals. If homes are selling for a ton then we buy a little higher and sell a lot higher. If the prices are down then we get them a little cheaper, but sell for less.
Post: wholesale contract help

- Investor
- Leominster Ma
- Posts 305
- Votes 162
Massachusetts is a two contract state so you will have to start with an offer to purchase. This is a contract used by realtors to put a home under contract. We use this and write in an assignment clause to the contract. I am curious to see what other people in MA are using to put a home under assignable contract. Ill definitely be watching this post
Link to offer to purchase - https://bit.ly/2KzpMMn
I have written hundreds of these so if you need me to go over it with you to explain just shoot me a private message and ill we can get on the phone so I can walk through it with you
Post: Rental application fee

- Investor
- Leominster Ma
- Posts 305
- Votes 162
I do wish we could do this, only to vet if they are serious. I wasted a lot of my time and was stood up many times in the beginning due to not realizing if they were serious. They all sound serious on the phone. I recently put in place a system so every email will automatically send them an application through buildium. Once complete I check and if they look like they think their credit is in line and background then I have them run a credit check for $30. If they do all this then I know they are serious.