All Forum Posts by: Matthew Keller

Hi all! Wanted to hop on here and see if anyone has recommendations for a CPA specializing in real estate in MA. If that's you, or you have a rockstar CPA that you don't mind sharing, please leave a comment or direct message me. Thank you so much!!

Investment Info:

Small multi-family (2-4 units) buy & hold investment.

Purchase price: $135,000

About to close on a 3 family building that needs some cosmetic work. I will be doing the renovations, my partner will bring all of the money, and we will split future profits and cash flow. Super excited!

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

The value add opportunity through cosmetic fixes.

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

Our amazing agent brought this to us. We negotiated for about a month and finally came to an agreement

How did you finance this deal?

I have a partner who is bringing all of the cash needed to close and rehab the property.

How did you add value to the deal?

Cleaning it up, adding new floors, paint, and finishes. Also bringing rents up to market rate.

Did you work with any real estate professionals (agents, lenders, etc.) that you'd recommend to others?

My agent Brenda Durant from Bishop West Realty

Hi Logan, I know this is old. If you are still looking for property management in the Berkshires, PM me!

I use rentredi and am happy with it

Nice buy! I am in Pittsfield as well. Would love to network!

I am in the Pittsfield area. Would love to meet up!

@Ryan Thomson

I could avoid this by refinancing my FHA Loan, correct?

Tax Strategies for the Savvy Real Estate Investor is definitely worth it! Quick and easy to digest, yet you still learn a lot. 100% Recommend.

Investment Info:

Small multi-family (2-4 units) buy & hold investment in Pittsfield.

Purchase price: $169,800
Cash invested: $8,000

My first house hack! Needs some TLC to bring it up to market rent, and then I will be living for free! I am using an FHA loan, and plan to do this over and over again.

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

The ability to live with no monthly cost, and a low down payment.

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

The MLS. It had been on the market for a while due to the tenants (who have now moved out), giving us the ability to offer well below asking.

How did you finance this deal?

FHA Loan!

How did you add value to the deal?

We are going to update the cosmetic issues

Lessons learned? Challenges?

I finally learned first hand how the home buying process works

Did you work with any real estate professionals (agents, lenders, etc.) that you'd recommend to others?

My amazing agent, and awesome lenders, inspectors and appraisers.

Hey all! I am a new investor looking to connect with people who have invested or do invest in the Berkshires, MA. I would love to add value to you and your team, I just want to learn!