All Forum Posts by: Patrick McCann

Hi Sean, I live and invest in the New Hampshire seacoast area. Looks like I read you vacation in the lakes region?

I'll send you a message with a few commercial brokers i know in NH

Hey Jacob, I currently have invested in Dover, NH and grew up in Derry. Southern NH  is my focus.

Also, running my first half marathon next month!

 Hey Nick, were you able to get in contact with anyone and were they helpful at all in the situation?

could try reaching out to some of the people and resources on this site 
About Us | Workforce Housing Coalition of the Greater Seacoast (seacoastwhc.org). I went to a development walkthrough event with them in Dover, NH recently and some of the people involved are in Maine.

Dover in which state?

There’s a real estate investors meetup this Monday 8/12 6PM at Chapel and Main in Dover

Hi Cade, I’m guessing you plan to invest along the VT/NH border? I don’t know of any meetup in that part of NH, nor do I know any investors in that area. I’d suggest asking the local title company/real estate agents who the investors are. Or look at the property record cards in the towns you plan to invest for the multi families and see whose names/llc’s continually come up. It’s a part of the state many investors stay away from because they don’t know the market, if you’re from the area and know it well this could be advantage for you!

 Still going haha. Still have a bathroom to gut, walls and stairway to be sanded/painted, exterior trim to be replaced and the whole exterior painted.

Currently in my first house hack, a duplex I purchased in December 2022 for 444k with an 3.5% FHA, the property was in just good enough condition to qualify. When we moved in we were using the down stairs units kitchen and bathroom and living upstairs because the appliances upstairs weren't really usable and the shower had cracks. I've been rehabbing it myself since day 1. Focused on getting the rental unit finished first and did that in 2 months, have had it leased for $2300 since. Slowly finishing our unit, I gutted our kitchen and totally re did it, house is 150+ years old so I've have to do many repairs to the plaster walls, still a bathroom to gut and exterior work to do. Biggest problem I've faced is running out of money and having to save again to continue rehabbing, but duplex's in my area are now trading between 575-675k so once work is completed I expect to have 200k+ in equity. Biggest regret, not starting sooner! I waited till 29 when I knew my whole adult life it was something I wanted to do but always thought I needed more money saved or that I couldn't afford it when realistically I could've done it several years prior at a much lower price and interest rate as well. I didn't actually start researching about real estate investing till after I already started looking at properties.