Boston Wealth Builders is finally up and running and we want you to be a part of the group!
Boston Wealth Builders is a group for those interested in long-term wealth building through real estate! There are many ways to invest in real estate, but this group has a narrow focus on the “buy and hold ” strategy. The group is for new and seasoned investors looking to build a terrific network. Each meet will focus on a different topic that concerns the “buy and hold” investor. We will have open discussions and try to address the particular questions and concerns of each attendee. The very best investors have a great team and mentors around them, but they also network with other like-minded people. Come share your thoughts, ideas, and questions with us and move forward with your investing future. The group will meet once per month at locations around the city. We’ll occasionally have local attorneys, mortgage brokers, hard money lenders, accountants and other real estate professionals to come in and advise us on particular issues. Dates and times of future meet-ups TBD.
You can join the group by visiting http://www.bostonwealthbuilders.com/. Let me know if you have any questions or ideas for the group. I look forward to seeing you at the next meeting!
It may be cold outside, but Boston’s multi-family real estate market is red hot! I have buyers coming into my office everyday looking for 2–4 family properties all over the city. Not only are they dying for more inventory to hit the market, they’re paying a premium when it does!
My name is Willie Mandrell, and I work exclusively with multi-family buyers and sellers in the Boston area. If you have any interest in selling in the near future, please give me a call. I have a list of buyers waiting for me to show them the next opportunity and with the vast amount of competition I can ensure you’ll receive top dollar for your home. Before you do decide to do any repairs please call me! I have many clients that would prefer to buy your property “as is” and make their own upgrades.
Even if you are not interest in selling at this time, let’s still chat. My office offers a great tenant location service as well as full service property management. Don’t waste your precious time showing apartments yourself, we can help you find well qualified renters for your empty units. We locate great tenants at no cost to you!
This is a excellent opportunity for the right investor. This 9 unit property is split between 2 buildings (one lot). There are (6) One bedroom units and (3) three bedroom units and they bring in close to 90k gross annual income. Local rental comps indicate current rents are below market. 10.17% cap rate and 14.87% ROI. All tenants pay own utilities and are TAW. Newer gas boilers and hot water tanks are just a few of the many updates done in 2005. Off street parking for 15 and a central location minutes to U-Mass Lowell campus.
For more information see our information pack by clicking the link below or by calling 617-297-8641. https://docs.google.com/open?id=0Bxs7bwzc2QLTZlJCS0ZMNDFzRUERead more
Fannie Mae owns foreclosed properties all over the city of Boston, which they attempt to sell as quickly as possible to “minimize the impact” on the respective neighborhoods. Buying one of these foreclosed homes can be a great opportunity for first-time buyers as well as rental property investors. Each of these Fannie Mae homes can be purchased with bank financing or through one of Fannie Mae’s “Home Path” special financing programs. These special mortgage programs include low down payments, no mortgage insurance, and you may even qualify with less than perfect credit. The “Home Path Renovation Mortgage” also allows funds to be borrowed for light renovations in addition to the home purchase. Both of these special financing programs are also offered to owner occupants as well as investors.