All Forum Posts by: Jim Sestito

@Nancy P. I’d have Tom Petty’s - Won’t Back Down on repeat.

@Roberta Eastman - I'm in town building the Green Line Extension - Somerville looking very different these days!

@Karl B. well said Karl - low cost good gestures.

@Linda S. @Jim K. @Joe Splitrock - Ya'll dress up as Ebenezer Scrooge for Halloween ;-) *** also Jim should write The Book On Landlord Tenant Gifts - published by BP of course! 

@Tara E. - Got a tenant a new fridge last year and she bailed a months later - maybe the anti gifters are onto something here... 

@Daniel Smyth no stress just looking for fun ideas - I do the reward thing with 12 months perfect payment as well.

@Alyssa Dyer yes very tough crowd - Here what I ended up doing - 

Coloring book and pencils for all tenants with kids under 12

Most no replies

a few thank you emails

1 thank you email w the caveat they will be a week late on rent this month.

I love landlording. 

Hi BP,

We all know the stress that 2020 has brought upon us all. I wanted to get a small gift for tenants. Something that just says thank you for hanging in there and things will be better!

Let me know any ideas you might think of or have done in the past!

Thank you!  - Jim 

Kenneth,

Your plan / numbers sound fine to me.  Especially if you plan on living there.  You look relatively young and I think this is an amazing way to get started.  Those waiting for home runs deals for their first deal may never stop waiting. 

My first deal was a house hack duplex and I was far from an expert and too shy to ask experts.  Still have the property today and it cash flows well without my living there sucking up the rent! 

Also BRRRR seems to be all the rage these days on BP. But sometimes just BR (buy and rent) is a nice way to get started. Start planning those other R's after you have started. Did I use the word start enough? Start.

@Justin Rank @Adam Sankowski  Thank indeed Justin.  This hurts in so many levels and happy to sign. More units = more affordable housing + more density = less sprawl + less auto transit = less pollution.

I'm in East Camb.  We should set up a time to get a coffee or a beer and talk shop. 

Rockland Federal Credit Union 

Out of stater looking to jump into the old pueblo market... Around the 12/23 - 1/2    down to crash a meet up! 

@Jaron Walling how is the cycling infrastructure in your area?  Are you doing more city commuting or race-type training rides?

Not a lawyer... become best friends with your local building inspector... Bring him/her coffee... or .... 

@Thomas Richardson only thing that would slow it down is a dud rental market... but I do not think that is the case in your area... You get this bad boy under contract?