All Forum Posts by: Mike Griffin

TOMORROW NIGHT! REIA Social hosts its first networking session at Public Kitchen in Wakefield MA.

Free event. Socialize, network, have fun.  

See the link in the original post for more information! 

Reserve your free spot at Eventbrite

Join us for a fun welcoming evening of real estate networking at REIA Social! This in-person event will be held at Public Kitchen on Main Street in Wakefield, MA. Head to the Back Room when you arrive. No speaker, no presentations, no sales pitches - just network and socialize.

Food and drinks available for purchase via waiter service.

Limited space available. Reserve your spot now!

Connect with like-minded individuals, share experiences, and expand your network in the real estate industry. Whether you're a seasoned investor or just starting out, this event is the perfect opportunity to meet new people and learn from each other. Don't miss out on this fantastic chance to make valuable connections and have a great time! See you there!

Facebook Event Link

Like the REIA Social Page

Follow REIA Social on Instagram

Hello! I have my eye on a commercial retail property that has only 1 of its 3 tenant storefronts occupied.  It's been like this for 7 years. The two unoccupied units appear to be mid-demolition in a stalled construction project. There's a building permit on the window dated 2016.  There are no other units in this single-story property - just the 3 storefronts.  

How can I assess the value of this property to make an appropriate offer? The current owner's NOI is shot due to the vacancies. Should I gather info on surrounding similar properties to make my best guess? Any other suggestions?

I've pulled the owner's name from the building permit and reached out. Think I found him online. But need to follow up.  It's odd he's let it sit like this for so long. Maybe something's going on and this is an opportunity to do something unconventional.  

Any insight would be appreciated. 

Ah thanks for the clarification. But makes sense. The mobile website works great. 

@Mike Cahill great question. Thanks for starting this conversation. I’m in a similar situation and looking to use OPM exclusively. So this has been helpful. Looks like an equity partner is the best bet to getting started.

@Lien Vuong, hi! Any more meet ups you’re organizing in Wakefield? New investor here who’s new in Wakefield too.

@Jessica Stevenson or anyone else, any insight into the tax differences between NH and MA? I’ve heard NH has high property taxes. How does that impact investors? I live in MA, so is that the worst of both worlds, prop tax from NH, income tax from MA?

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Hello, I'm a BRRRR investor looking to connect with local lenders in Boston's north shore area? Seeking traditional lenders along with hard money.

I’m currently building my business and systems to eventually scale larger. I want to build a long lasting mutually beneficial relationship with a local lender that is based on trust, respect, and hard work.

Looking to initially invest in Malden, Melrose, Wakefield, and Reading Massachusetts areas.

Please reach out if you’re a lender in the Massachusetts area (preferably familiar with the towns above) and interested in building something great!

@Roger Steciak thank you. Yes I think the appeal here for me is I’d have more control with real estate. I’d be responsible for finding deals and controlling the management of projected and properties.

@Sue Hough thank you. Yes, I’ll stay grounded and focused on the numbers.