All Forum Posts by: Timothy Joseph ORegan
Timothy Joseph ORegan has started 4 posts and replied 12 times.
Post: Am i missing something in this deal?

- Contractor
- Nashua, NH
- Posts 15
- Votes 7
@Timothy Joseph ORegan
Also, it’s a 1%er.
Many investors criteria for a decent deal worth looking at is generating 1% of the purchase price monthly, which it does. Wouldn’t be surprised if that’s where the # came from
Post: Am i missing something in this deal?

- Contractor
- Nashua, NH
- Posts 15
- Votes 7
@Stefan Christensen
@20% down
Mortgage is 1600(including taxes)
+350 for expense mentioned, less 100 for income
1850 a month cost of ownership.
Property makes 725x4=2900
Looks like a perfectly fine deal. If you are looking at an fha it would add 400/mo(3.5 down add pmi)
I also may be missing something(I did include taxes in the above numbers)
Post: Negotiating Price After Appraisal

- Contractor
- Nashua, NH
- Posts 15
- Votes 7
@Zachary Dooley
The reason your agent won’t negotiate is because the only negative thing that came of your appraisal is the requirements of your loan. If you were coming with 20%, the repairs wouldn’t be necessary. Which makes it your own problem, not the sellers. A 5% discount(which is a pretty big discount) would change your agents commission by less than $100. That’s not even an expensive dinner. I’d try to understand protocol in the future before throwing out an integrity dig at your agent.
Post: General contractor/investor looking to create new partnerships!

- Contractor
- Nashua, NH
- Posts 15
- Votes 7
Hi guys,
I'm a general contractor out of Merrimack, NH. My businesses primary focus is real estate investment projects(flips, BRRR properties, apartment turnovers etc) We are covered with both liability and workmen's comp. Our usefulness to investors comes from our understanding of ROI and make suggestions to make you the most money. We have all of our own subcontractors for the licensed trades and can produce the necessary plans for any project. We are where we say we're going to be when we say we are going to be there. Both me and my subcontractors have liability insurance and workers comp. (if you hire contractors without workers comp and an injury happens on your investment property, you could be paying for someone's permanent injury for the rest of your life). I am also always looking to partner on flips and have some capital I could put towards projects in southern New Hampshire. Solicitation is restricted to the marketplace here, so I'm marketing myself! Let's do business!
Tim ORegan
Www.tjocontracting.com
Post: What is a small win you had in real estate investing this week?

- Contractor
- Nashua, NH
- Posts 15
- Votes 7
My tenants are all up to date on rent, the current project I’m working on is a va construction loan funded so this hasn’t effected the project, tenant called me for some sort of bugs and 50 dollars worth of Home Depot esq bug treatment seems to have solved the problem!
Post: New hamoshire landlords, agents, rehabers and flipper

- Contractor
- Nashua, NH
- Posts 15
- Votes 7
@Patrick Flaven I will mention it to him, but I’d imagine he’s scoured the easily visible marketplace at this point
Post: New hamoshire landlords, agents, rehabers and flipper

- Contractor
- Nashua, NH
- Posts 15
- Votes 7
Hi guys, I’m New Hampshire’s only Real estate investment Contractor. My goal here is to pull the whole New Hampshire network into a thread! Who’s looking for property, looking to sell property? I have a customer looking for 20 units! Let’s network!
Post: Handyman needed in Concord, New Hampshire (NH)

- Contractor
- Nashua, NH
- Posts 15
- Votes 7
@Kyle Joseph I’m a contractor out of merrimack N.H. my website is www.tjocontracting.com and I do plenty of work for investors, typically rehabs. If you’d like to talk give me a call, can’t post my phone number on this forum but you can find it on the website.
Post: Flipping in New Hampshire

- Contractor
- Nashua, NH
- Posts 15
- Votes 7
@Mark Pemberton the spreads for a rehab budget to flip houses aren't there in the less expensive areas in New Hampshire. If you get a house in Boston for 40% off because it's a full rehab you pay say 1 million instead of 1.8, you now have that 800 to rebuild the place and make money. If you take a house that is 200 and pay 120, you will not have the money to rebuild a house and make anything. I'm a contractor in southern New Hampshire and with the current market you are better off looking at BRRR strategy properties unless you want to explore a higher spread market like Portsmouth, seabrook etc. As far pricing goes My electrician is 95 an hour, my plumber is 105, and I am 75 as well as my employees. That rate doesn't change wether you are looking at a house with the 800k spread or the 80k spread. I've personally come to the conclusion that it's not worth it for me at this moment to rehab homes, until more houses go up at rehab rate(the foreclosures ramp up)
Post: Flipping properties worth becoming a licensed agent?

- Contractor
- Nashua, NH
- Posts 15
- Votes 7