All Forum Posts by: Joshua Poitras

@Brandon Coutts

Come to our monthly meetup at the XO Bistro in Elm St. There are many investor you can meet and talk to in person that invest in Manchester and other places in NH. 

To my out-of-state investors, what do you believe are the advantages and disadvantages to out of state investing. Or even long distance investing? 

Reminder, Tonights 827 Elm St Manchester NH, Pints and Properties Networking meeting. 6:30 - 8: 30 XO Bistro. 1031 Night. 

Wanna know how to 1031 into a higher cash flow? Come to the Manchester NH Pints and Properties Meeting April 28th. Its a great networking event with a great like minded crowd on how to find deals, scale wealth, and use other strategies to build you empire.

Our first speaker will be David Bourque, an active duty Green Beret who relocated here from Colorado and 1031'd into his first 6 family property from his first time home buyer's single family purchase.

Our second speaker will be Tina Pashovich who will be giving us the low down on 1031's and how to use em.

Come on by. First Thirty Drinks on Candor Team, Team Manchester.

hello,

     my name is Joshua Poitras, I am with the Candor Realty Team out of Lowell, MA, however, we currently hold monthly pints and properties meeting throughout New England. I currently manage the Manchester, NH meetup for our team. Our next meetup is scheduled for the night of 4/28 at the XO on Elm St in Manchester NH. The theme of the night is too be 1031's. The plan is to have two speakers, one who has used 1031's to scale their wealth or at least have used it, followed by an actual qualified intermediary to assist in conducting them.

   I am really in need of finding someone in whatever area to speak about how they've used 1031's to double cash flow and appreciation. This event is perfect for networking with other investors, finding deals and looking for funders. Let me know if you can help, I would greatly appreciate it.

    Candor Realty currently hosts bigger pockets pints and properties meetings in Lowell, Manchester NH, Gardner, Waltham, Worcester and a virtual one.

Message Me. 

Hey @Nick Travali

Hey Nick, I also work at Candor with Andrew. Comes to one of our 6 meetups. I host the Manchester NH one, I speak about determining ARV's a lot. Also Andrew hosts the worcester one along with Sabrina Sanchez. Both very good agents.
   PM me I can let you know where they all are and when they all are. 
look forward to helping you out.

Come Join us Thursday night at the XO bistro to network amongst other like minded investors. In addition we have a couple great speakers for this Thursday. Anwar Arenas and Howard Kooligian a well respected attorney will be going over wholeselling and Charity Remainder Trusts. Hope to See you There!
XO Bistro Thurs 6:30-8:30 Thurs 3/31

@Helen Lin

hey Helen, 

My name is Joshua Poitras, I work with investor in the New England Area and I also host a meet up every month called pints and properties. I'd love to talk with you more, is it ok if you PM you? Myself I recently had two multi families and I just purchased a third for 5% down even with my FHA and my VA used. If we can connect, I can tell you all about it.

Sale Price didnt come through.....305K

Investment Info:

Single-family residence fix & flip investment.

Purchase price: $249,221
Cash invested: $38,221
Sale Price: $305,000

*Scroll Down through Pics. 

Contributors:
Mo Maruping

A fix flip that Mojo Realty completed back in 2015, just a standard fix and flip. Some of the major learning points were be aware of the type of neighborhood your buying in. Additionally, be very cognizant of spalling, flaking or bubbling drywall. In the end we had to make numerous structural repairs because of hidden waterlogged structural components. All in All, with a small addition in funding we were able to make out fairly well in this deal. Came out to be a very nice project.

What made you interested in investing in this type of deal?

Wanted to apply our flipping teachings.

How did you find this deal and how did you negotiate it?

REO on MLS

How did you finance this deal?

Combonation of Hard Money with Private Investment Money.

How did you add value to the deal?

Project Management.

What was the outcome?

Fair Amount of Profit. Enough to keep in the buisness circulation.

Lessons learned? Challenges?

Learn how to assess neighborhoods. Be aware of wet, bubbling, spalling and flaking drywall, its likely filled with water and if abondoned for awhile, the structural members are rotted out.