12 December 2021 | 17 replies
Mostly basic grading selling it “buildable lot”.
9 December 2021 | 1 reply
its simple, easy, and I can fit it in no matter what...and its so worth it for a productive day.So again these are not revolutionary, and there is no magic pill, but take solace knowing that the ride is not linear you will have setbacks, we all do, and if you just find your basics and get back to them when you get off course you'll be unstoppable.
27 December 2021 | 44 replies
@Jacob Trogan basically I told you to do what you were already thinking, go for it seems pretty responsible to me, also read the 4 hour work week
18 December 2021 | 5 replies
Saving taught me the basics of how to manage money... which will be a large portion of owning/managing real estate.
11 December 2021 | 12 replies
I used the heloc for a down payment, so I'm basically getting 100% financing.
3 January 2022 | 2 replies
Basics:-I currently live, and wish to continue living, in Boston/Cambridge/Somerville/Charlestown in a “nice” 1-2 bed (w/ significant other)-Assume I am fully extended with 20% down on a ~$900k property (or less on more, as I am willing to tolerate a negative cash flow of ~$2k/mo, inclusive of my personal rent)-I do not presently have a contractor/“team” and am not personally “handy” thus would need to factor in significant costs to any rehabOptions, as I see them:-Buy a 1-2 bed in an area I want to live, live there-Buy a multi family in an area I want to live and rent the other unit(s) - may overextend myself and I will not be able to carry the nut if significant vacancies-Buy a cash flowing rental property (single family, multi family, condo) in an area I don’t want to live (e.g., Everett, Revere, Chelsea, Dorchester, other B/C neighborhoods, out of state) and rent in my desired areaIf you were in my shoes, what might you do (aside from compromising on my desired location and house hacking a MF in a B/C neighborhood)?
5 February 2022 | 6 replies
Basics:-I currently live, and wish to continue living, in Boston/Cambridge/Somerville/Charlestown in a “nice” 1-2 bed (w/ significant other)-Assume I am fully extended with 20% down on a ~$900k property (or less on more, as I am willing to tolerate a negative cash flow of ~$2k/mo, inclusive of my personal rent)-I do not presently have a contractor/“team” and am not personally “handy” thus would need to factor in significant costs to any rehabOptions, as I see them:-Buy a 1-2 bed in an area I want to live, live there-Buy a multi family in an area I want to live and rent the other unit(s) - may overextend myself and I will not be able to carry the nut if significant vacancies-Buy a cash flowing rental property (single family, multi family, condo) in an area I don’t want to live (e.g., Everett, Revere, Chelsea, Dorchester, other B/C neighborhoods, out of state) and rent in my desired areaIf you were in my shoes, what might you do (aside from compromising on my desired location and house hacking a MF in a B/C neighborhood)?
1 January 2022 | 2 replies
The basics for investment real estate are the same across the board but there are some local laws, state contracts, and other things that could affect your business in your market that someone that does not work in that market may not know.
7 January 2022 | 7 replies
I understand it is a little complicated due to needing a broker (and basically you have to work for one to get 100% certified).I understand that its not needed to invest, but my understanding is that if possible to have it, it gives you an upper hand on investing.