All Forum Posts by: Robert Nason
Robert Nason has started 15 posts and replied 248 times.
Post: Should I paint/carpet with tenant still occupying property

Robert NasonPosted
- Lowell, MA
- Posts 260
- Votes 99
If they are rough on the apartment and the carpet in place is even in reasonable condition I would leave it there. Why invest your money in something that's just going to be ruined.
Post: Commercial lender in Boston

Robert NasonPosted
- Lowell, MA
- Posts 260
- Votes 99
Hi,
I use Enterprise Bank and Trust out of Lowell Massachusetts. Not the cheapest, but awesome service and they get the deal done.
Post: Different sprinkler systems

Robert NasonPosted
- Lowell, MA
- Posts 260
- Votes 99
I'm trying to determine the price differential between installing a 13R and s 13D sprinkler system? I am developing a multi family vacation property that will require sprinkling.
I may add kitchens to the units or I may not depending upon the cost of sprinkler system that I have to install.
Post: Loopnet Premium account

Robert NasonPosted
- Lowell, MA
- Posts 260
- Votes 99
I had a premium account for one month. I did not see anything dramatically better than the free version. I was always confused in their pricing strategy. I think if they charged $49 a month they would kill it.
Post: Do you ever rescind a offer to a tenant of a rental and why?

Robert NasonPosted
- Lowell, MA
- Posts 260
- Votes 99
As soon as They said that you were doing something illegal in terms of upfront money I would've said thank you for your time and moved onto a different tenant.
You have to learn to see the red flags when they go up.
Post: Maine and New Hampshire market

Robert NasonPosted
- Lowell, MA
- Posts 260
- Votes 99
Portsmouth to Portland coastal areas are extremely hot! I invested in Kennebunkport Maine recently where I'm renovating a old Victorian home into five luxury apartments.
I would seriously consider the Portland area. There are more restaurants in Portland per capita than any other city in the country.
Post: Average Cost of a Complete Rehab in RI and MA

Robert NasonPosted
- Lowell, MA
- Posts 260
- Votes 99
I'm doing a renovation in Kennebunkport Maine that is costing 160 a sq ft A few years ago I was building an 18 unit apartment building that was at 175 per sq ft.
Often times a renovation can be more costly than new construction. If the contractor is telling you it will be $150 a square foot, you could almost be guaranteed it's going to end up being closer to $175 a square foot
Post: Average Cost of a Complete Rehab in RI and MA

Robert NasonPosted
- Lowell, MA
- Posts 260
- Votes 99
Rhode Island $100 per square ft
Massachusetts $200 Per square foot
Obviously it will depend upon the level of finishes and the square footage. Massachusetts and Rhode Island are two different markets completely
Post: Gas stove that turns itself on?

Robert NasonPosted
- Lowell, MA
- Posts 260
- Votes 99
If it's an older model it's the thermostat that is connected to the temperature knob. Junk it and start new. Parts just wear out.
Post: Tenant wants extension - you will not believe the reason

Robert NasonPosted
- Lowell, MA
- Posts 260
- Votes 99
Put on your big boy pants and evict asap