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All Forum Posts by: Richard Cole

Richard Cole has started 24 posts and replied 47 times.

Post: I moved before Refinancing out of my BRRRR, now what?

Richard ColePosted
  • Rental Property Investor
  • Uxbridge, MA
  • Posts 49
  • Votes 12

Wes Oliver at Prestiege Mortgage may be able to help. 

Post: Finding a property manager/ Keene NH area

Richard ColePosted
  • Rental Property Investor
  • Uxbridge, MA
  • Posts 49
  • Votes 12

Hi Sarah, 

Allpropertymanagement.com is a great resource or check out SilverLiningsPM.com for a free quote. 

SFR are a great way to build wealth and a reliable property manager can help make that journey much easier.

Communication is key! 

Post: What do landlords dislike about property managers?

Richard ColePosted
  • Rental Property Investor
  • Uxbridge, MA
  • Posts 49
  • Votes 12

Thank you all for sharing your perspectives. 

As investors and property managers, our goal is to align our business strategy with the owner's and property's best interest, to maximize the ROI of the management cost.

Best of luck in all your investments this year. 

Post: What do landlords dislike about property managers?

Richard ColePosted
  • Rental Property Investor
  • Uxbridge, MA
  • Posts 49
  • Votes 12

If you've been dissatisfied with property managers in the past, what were your biggest pain points? 

Landlords, what is your biggest objective to property management? 

What made your experience with PM better than anticipated? What qualities in a property manager are most important to you as an investor? 

Thank you for sharing your thoughts! 

Post: Property Management in Massachusetts

Richard ColePosted
  • Rental Property Investor
  • Uxbridge, MA
  • Posts 49
  • Votes 12

If you're currently self-managing or unhappy with your current PM, check out Silver Linings Management at SilverLiningsPM.com today for a free quote.

We have a dedicated team of experienced professionals, including a general contractor, leasing agent, finance manager, and a real estate agent, who actively invest in real estate. 

As investors, we'll manage your property like we own it. Find deals and do what you do best, while we take care of the rest. 

Thanks for your time. 

SilverLiningsPM.com

Post: Professional Property Management

Richard ColePosted
  • Rental Property Investor
  • Uxbridge, MA
  • Posts 49
  • Votes 12

Post: Property Manager and Tax person in Central MA

Richard ColePosted
  • Rental Property Investor
  • Uxbridge, MA
  • Posts 49
  • Votes 12

Hi Ed, 

We're a full service property management company based in central Mass. As investors, we manage your property like we own it. 

We have a dedicated team of real estate professionals and fully integrated systems, so you an check on your properties remotely 24/7, without having to worry about them.

You can rest; we'll take care of the mess. Silver Linings Management at SilverLiningsPM.com 

Post: Building a work circle

Richard ColePosted
  • Rental Property Investor
  • Uxbridge, MA
  • Posts 49
  • Votes 12

Hi Brett,

Congrats on your latest acquisition! 

We're investors and property managers in central Mass. Kindly message us to connect or check out our website to learn more about us: silverliningspm.com

Post: Reflecting back on our First Flip

Richard ColePosted
  • Rental Property Investor
  • Uxbridge, MA
  • Posts 49
  • Votes 12

Investment Info:

Single-family residence fix & flip investment.

Purchase price: $120,000
Cash invested: $80,000
Sale price: $282,900

Full gut interior and exterior rehab. Under contract in 3 hours, sold over list.

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

It had every problem imaginable.

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

MLS

How did you finance this deal?

Hard money for the purchase. Credit cards for the down payment, 3 jobs during the rehab arrears.

How did you add value to the deal?

3/2 conversion, fully updating all mechanics, making the building structurally safe

What was the outcome?

This was the spring board for all our future deals. This was a lesson in grit and perseverance. Great financial return.

Lessons learned? Challenges?

You really can start in real estate with no money, no credit, and leveraging some one else's experience. Run your numbers well and work hard.

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

Our agent on this deal was Gary Gay, from 1 Worcester Homes.

Financed with Ann Bellamy's Buy Now Hard Money and Seek Business Capital.

Post: Property Management in Massachusetts

Richard ColePosted
  • Rental Property Investor
  • Uxbridge, MA
  • Posts 49
  • Votes 12

Life's too short to unclog toilets and chase rent. You can rest; we'll take care of the mess.

If anyone is looking for an excellent property management company, check out Silver Linings Management.

Act now and receive a free quote at silverliningspm.com.

As investors, we'll manage your property like we own it!

Email the team @ [email protected] in reference to this ad to receive 1% off the management fee. Offer valid through 2/15/19. Call today for more details 978-272-9062.

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