All Forum Posts by: Parker Fairfield

an awning with some sort of removable clips (where it attaches to the house) - so that it wouldn't block egress ....

A picture would help

I think I would visit them on a weekend morning.

@Carlos Rodrigues

Have you looked into the FHA loan? You can get up to a 4 unit MF .... and you have to live in 1 of the 4 units ... and then you've got tenants too.

Great way to start!

My wife and I put an offer in on a property in New England, the owners are both real estate agents, and together they own the RE Company that listed the unit.

In order to negotiate down the price even more, we are not using our own RE Agent. We are paying in full (and we are amazed at how difficult it seems to have them take the money); we live overseas.

I've walked thru the condo (in an HOA) and am very happy with the quality of the appliances.

So, I'm curious to hear from those of you that have any suggestions. What is your normal for what you would want in the contract?

@Vincent Pennypacker

Go into Loopnet and look -- you'll find TONS

How to use Loopnet.com BUT NOT pay for their service.

Loopnet has great information, but for the parttime investor, like me, I have found a GOOGLE WORK AROUND that allows me to use their site for free.

When I become rich multimillionaire, I'll subscribe to their astronomical monthly rate... until them, I don't feel bad helping you USE Loopnet for free

1) Goto Loopnet.com and do your search (I prefer the ADVANCED SEARCH)
2) Once you've got the results of your search, identify the property you want to "see" - (Loopnet lets you see a handful for free, then denies you and expects you to pay.)
3) COPY PASTE the street address, city, state of the property. DO NOT CLICK ON THE LINK .... JUST COPY PASTE THE street address, city, state
4) Goto GOOGLE and type in the
4A) "site:Loopnet.com" into the search engine, you will not delete this when doing this LOOPNET work around.
4B) paste in the street address, city, state that you copied.
5) Google it, for example, it'll look like this "site:loopnet.com 46 Main Street, Conway, NH"
6) in Google's search results, click on the link that takes you BACK to Loopnet ....

By doing this, you can review as MANY Loopnet properties as you want - FOR FREE!

@Account Closed

I started doing research into Nursing Colleges and Law Schools ... IMO i'd love to focus on small towns with said ... must be great tenants, right? No regular beer swilling when one's in either of those schools.

@Account Closed
interesting on Texas.

One thing that I did a lot of research on is POPULATIONS in Metro areas in 2030 or so....

http://gg.gg/populationgrowth

thats the link to my Google Doc shared spreadsheet... Phoenix has a 75% to 95% increase by 2030 .... so while 'flipping' isn't what i want to do ... i'd be selling it potentially in 20 yrs ... it'd be great to buy a Class B that's in a convenient 'good' place ... and then to have the city DOUBLE in size ... driving up the property value too

@Jay Hinrichs

What a great comment.

My situation is much like @Nick Brubaker ... just longer in Asia.

I am American (www.gg.gg/PAFresume is me) live in China, and am looking at buying several pieces of property in the USA.

BACKGROUND:
I was thinking CT (my mom is there) but she's too old to help take care of anything I buy... so I'll end up with a property management company handling them.

So as I'm in NH taking 6 kids to summer camp (www.FairfieldTrips.org) at the moment, I found a great thread here - which is how I found this website -https://www.biggerpockets.com/forums/86/topics/166452-new-hampshire-areas-for-buy-and-hold#


I want to buy up to a 4 unit MF home maybe 5-15% with the first home buyers loan ....

Then I'll buy an investment property on a mortgage ... I have about $300,000 for that, and I plan on considering anything from 300k - 1 M.

I am 100% focused on CAP rate, and long term buy and hold. . . I'm hoping to get another $7000 per month passive interest so I can retire, so these properties might not get that much - but would be a healthy contributor to it.

I want to buy them relatively close to each other so that I can have more leverage with the Property Mgmt company I'll hire to manage them.

I'm interested in Class B propertyies in Class A or B area. I love the idea of buying walking distance to center of the town ... and love mixed use or apt buildings.

@Sean T.

would you still say Nashua?

I'd love to hear an update on the locations

Hi @Account Closed

I'm new to the verbiage. I have subsequently reviewed the CLASS A, B, C terms. I am interested in Class B (in class A locations) that I can fix up to get to higher rents.

I'm long term holder mentality