All Forum Posts by: Justin Rank

I think his plan is a nice path for those that don’t know anything about financial responsibility. Once you get into the wealth building phase most of us understand there is good debt and not so good debt and to not over leverage yourself. 

Haha low ones in and around Boston. I've moved into some other cities in the state looking for better returns.

@Alan M. I love this post on a different bunch of levels. You obviously have put a lot of thought into this with some of the different scenarios you posted. I'm not a big fan of just sitting out, however I do believe at some point we could see stronger returns. I might recommend taking a portfolio approach and "averaging in". If your goal is to own 6-12 houses...Buy one house a year for the next ten years. If prices get crazy low maybe be a little more aggressive in that period. But don't be super aggressive in this market, put in offers that make sense for you. If the seller accepts it, than great! If not, keep looking. Also, set up some alternative sourcing channels outside the MLS.

Find out where the brownstone is in Boston, it could make sense holding onto it. The rental market around here is insane and believe love those type of houses.

Hey Carter, you might want to give central mass a glance also. Lots of cool things happening out there and you can still get a good return. Good luck man!

Welcome to BP!!

This is so awesome, thanks for sharing!

I’m one of those investors buying in the Fitchburg/Leominster area. It all depends on your investing strategy. I don’t love WEBSTER, but that’s for personal reasons. @Bernard Chouinard is spot on with FITCHBURG, it’s street to street but lots of upside with some of the investments going on there.

It really is amazing though when you get a few deals under your belt, the money seems to find you!! Bring it up in all your touch points what you're doing and people with money come out of the woodwork.

I know for myself whenever I am up early 4-5am I feel that I accomplished way more when I go to sleep than if I am up an hour or two later. Even if I read and get a quick workout in. I think it really is about creating a routine to get the most out of the time you do have. Haha but that also depends how my two year old sleeps at night.

It really depends what you’re comfortable with. For me, I won’t invest in anything I can’t drive to or check in on. For others, investing down south makes plenty of sense. I agree with @Mike Aschettino, look outside the 495 belt at that price point. North central mass would have some options for you.