All Forum Posts by: Paul Veronis

Hello Everyone,

I am looking for a general contractor in Massachusetts, preferably one who works in the Worcester County. I am a wholesaler but am trying to get into flipping houses. If anyone knows of any good contact, or where to find one, it would be very appreciated. 

Hello BP Community.

I am trying to get better at analyzing rental properties so that I can buy my first investment property. I was curious what other investors consider to be a good GRM, Cap Rate, and Cash on Cash Return? When I was looking online, different sources said that a good GRM was between 4 to 7, a good Cap Rate was between 8% to 12%, and a good cash on cash return was between 8% to 12%. Would you agree with these numbers, and if not what do you consider to be a good estimate for these indicators?

Also, what other key indicators do you use to figure out if a rental property would be a good investment?

Thank you.

Thank you @Taylor Dasch, @Michael Dumler, and @Evan Polaski! I appreciate your feedback

Hello BP community. 

I was wondering if anyone had any advice or different systems they use to estimate what the rehab price would be of a property. I am trying to wholesale distressed properties in MA, but am having some difficulty knowing how much rehab prices should be, even for just a simple cosmetic rehab. I have read books like "Estimating Rehab Costs" by J Scott and the book on "Flipping Houses" by J Scott but still find it hard to get a pretty accurate estimate for rehab. I know BP has the rehab calculator but for that I believe you need to know what the prices are of whatever you are fixing. 

If anyone can help it would be really appreciated!

I am looking for an experienced investor in the greater boston area and/or Worcester county area. I am willing to help out in anyway needed in order to gain more experience and knowledge about real estate investing, wether it may be flipping houses, wholesaling, or buying and holding rental properties. If there are any mentors/experienced investors that would like to take a motivated ambitious student under there wing, please reach out to me and let me know!

Hello Everyone, I am a new agent Massachusetts and just finished reading David Greene's book "Sold." I was wondering if there were any other agents who could give me some tips on how to convert leads into clients. I remember David talking about giving your leads, whether a buyer or seller, a presentation on what you can offer them to help and I was wondering what exactly should you include in that presentation. Anything helps. Thank you

Hi Everyone, I am a new real estate investor and am trying to learn how to comp rental properties. I have a good idea of how to comp single home properties but does anyone have an idea of how to run comps on rental properties without just using the BP calculator