All Forum Posts by: Tom Wagner
Tom Wagner has started 34 posts and replied 324 times.
Post: What CAP rates are normal in the Greater Boston market?
- Real Estate Agent
- Minneapolis
- Posts 338
- Votes 219
There are some deals to be had but they are definitely few and far between, particularly now given the recent rise in interest rates. To give some context on what I'm seeing on the MLS it looks like most 1-4 unit stuff in Boston comes in between a 4.5 - 5.5 cap, and that (as Jonathan mentioned) you can find some better value as you push further into the suburbs.
Post: Window replacement in MA any at < $1000/ window??
- Real Estate Agent
- Minneapolis
- Posts 338
- Votes 219
I don’t have a specific vendor to recommend but those numbers do seem really high. As a point of reference I just did 20+ Vinyl windows in Jersey City, NJ for $350 each installed.
My supplier and installer worked for United Windows. Sold them to me at a reduced price and then did the install himself on a weekend.
It could be worth calling suppliers to see if there are any contractors they recommend.
Post: Massachusetts House Hacking Meetup IX [Virtual Event]
- Real Estate Agent
- Minneapolis
- Posts 338
- Votes 219
Looking forward to seeing everyone tomorrow night!
Post: Underwriting 101: Analyzing Investment Properties
- Real Estate Agent
- Minneapolis
- Posts 338
- Votes 219
Looking forward to seeing everyone tonight!
Post: In-person House Hacking meetup at Notch Brewery!
- Real Estate Agent
- Minneapolis
- Posts 338
- Votes 219
I can no longer make it tomorrow, but am going to leave this event up in case others want to coordinate and go anyway!
Post: In-person House Hacking meetup at Notch Brewery!
- Real Estate Agent
- Minneapolis
- Posts 338
- Votes 219
Looking forward to seeing everyone next week! I've decided I am going to wear my Grey baseball hat with a "M" (for University of Minnesota) on it.
Will also be checking for DM's on here in case people can't find us.
Post: Underwriting 101: Analyzing Investment Properties
- Real Estate Agent
- Minneapolis
- Posts 338
- Votes 219
We will tackle basic investment property underwriting including:
* Determining market rent
* Predicting expenses
* Calculating annual cash flow
* Modeling and calculating investment returns
Post: In-person House Hacking meetup at Notch Brewery!
- Real Estate Agent
- Minneapolis
- Posts 338
- Votes 219
In-person meetup at Notch Brewery. To find our group on the night of the event check the comments section on the event page.
Looking forward to seeing everyone there!
Post: Massachusetts House Hacking Meetup IX [Virtual Event]
- Real Estate Agent
- Minneapolis
- Posts 338
- Votes 219
Monthly meetup to discuss house hacking in the Greater Boston metro area!
All topics welcome for open discussion -- bring your questions / ideas / strategies!
NOTE: Webinar pre-registration is required, RSVP here -->
https://us06web.zoom.us/webinar/register/WN__3jONsyXT2ea9FipnRQCqg
Post: In-person House Hacking meetup at Notch Brewery!
- Real Estate Agent
- Minneapolis
- Posts 338
- Votes 219
Second in-person meetup at Notch Brewery. Had five of us last month, hoping to continue the conversation this month.
To find our group on the night of the event check the comments section on the event page.
Looking forward to seeing everyone there!