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All Forum Posts by: John McNeil

John McNeil has started 1 posts and replied 10 times.

Post: Finding Off-Market Properties

John McNeilPosted
  • Abington, MA
  • Posts 10
  • Votes 8

Hi Mendez -

I am new to RE as well and am in a similar situation looking for off-market opportunities (Boston-area). A lot of people tell me that networking is key. If you can find an agent that specializes in finding off-market deals or a wholesaler that could work in your favor. If you want to find the deal yourself, driving for dollars is another good strategy. You can find owners contact information in your county's registry of deeds and start directly marketing to those people. Hope this helps!

John

Post: Struggling with a strategy

John McNeilPosted
  • Abington, MA
  • Posts 10
  • Votes 8

Hi Keith -

I'm new to investing and am just start my RE journey as well. Totally get the analysis paralysis part. I've personally shifted my strategy from looking for a buy and hold in New England to flipping in New England in order to raise more capital. You got this!!

Post: Massachusetts Rental Business Structure

John McNeilPosted
  • Abington, MA
  • Posts 10
  • Votes 8

Hi Nick -

I'm relatively new to investing though I did end up forming an LLC very recently. I set it up through Incfile which writes your own operating agreement, EIN, etc. It seems that a lot of investors go the LLC route - though, again, I am new to all of this. Massachusetts is a really expensive state to start a business in to begin with so whether you go with a Trust or an LLC you'll likely be paying a lot. Good luck!

Hi Linda - I'm new to investing too. You're right, Greater Boston is a tough market though I'd bet you could find an off market opportunity if you keep looking. I've also been looking in New Bedford and Taunton. You can find great properties for cashflow there and the T is also coming to both of these cities soon!

Post: Starting out - looking to learn and make connections

John McNeilPosted
  • Abington, MA
  • Posts 10
  • Votes 8

Hi Ronan - I'm new to investing as well, though have been taking some pretty concrete action steps towards achieving my goal of having a cash flowing property here in MA. Would love to chat sometime soon. Thanks!

Post: Population growth review in MA

John McNeilPosted
  • Abington, MA
  • Posts 10
  • Votes 8

Hi Denis - Thanks for your research into this. I am glad to see Quincy gaining population - definitely agree with your point about new trends. I suspect that the most immediate areas that touch Boston are seeing lots of younger renters coming in given the affordability issues in Boston. I've driven past a few large-scale apartment building projects happening in the North Quincy area right by the T stop. There's definitely a lot of demand and is a great place to invest!

Hi Dan - I'm new to investing as well! Always looking to connect and grow my network, would appreciate the opportunity to chat

@Andrew Burrell - I’m in the Boston area and new to real estate investing too (and BP in general). Would love to connect in the coming weeks if you have time. Thanks!

Post: Aiming to get into investing & developing

John McNeilPosted
  • Abington, MA
  • Posts 10
  • Votes 8

Hey @Connor Morrow - I think we went to high school together! I’m just getting into real estate investing, would love to connect as I’m looking at properties in Boston and Providence as well

Hi everyone,

Well, I've officially caught the real estate bug and am looking to meet and connect with local investors in the Greater Boston area!

I'm from Massachusetts (South Shore) and really am looking at Medford MA as the market I'd like to break into. Is there anyone on here that invests in or near Medford who'd like to connect? I'd love to hear your story and talk real estate in general. I'd really appreciate any time you'd be able to give me. Thanks!!

John