Archive for Investing

Are you ready for winter?

Investing, Rehab on October 22nd, 2015 Comments Off on Are you ready for winter?

Well, it’s that time of year again, with night time temps dropping into the 30s and the news reminding us to protect our outdoor plants from frost. Oh, those poor hydrangeas. This is also the time to make sure you’re prepared to keep your holdings well-plowed, and the water pipes in your properties (especially the […]

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You Can No Longer Buy Foreclosures!

Investing, Wholesaling on October 8th, 2015 Comments Off on You Can No Longer Buy Foreclosures!

Well, if you or your lender insures title with First American Title Insurance Company (FATIC) or Chicago, you can’t. Big news. When FATIC and Fidelity/Chicago announced new processes for writing title insurance policies on foreclosed properties (more here from Rich Vetstein’s blog), making it extremely difficult to get an Owners or Lender’s Title Policy, we […]

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The Value of Red Lights

Coaching, Investing, Time Management / Focus on September 28th, 2015 Comments Off on The Value of Red Lights

Everyone who has driven with me knows , it’s UNCANNY. I hit every. Single. Red light. In every town I travel in. And it’s just not just a complaint. I’ve come to accept it, to a point I barely notice it anymore, unless my passenger points it out. “Holy geez! This is like, the 10th […]

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Update: Gray Street, Billerica

Investing, Wholesaling on September 16th, 2015 Comments Off on Update: Gray Street, Billerica

Holy granite, Batman! This deal came to us through a personal contact whose father, a master mason, recently died. The estate was defunct, meaning it had no assets, owed lots of money, and the bank had begun foreclosure proceedings against the home (this one as well as a second home, which will be coming in […]

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Are we in a bubble?

Boston, Business, Investing, Wholesaling on August 31st, 2015 Comments Off on Are we in a bubble?

We here at AA Real Estate Group have been busy all summer preparing rehabbed properties for sale, closing on completed rehabs and wholesale deals, and prepping new rentals for tenants. And now that I’ve got those plates all spinning, I turned my attention to the pipeline of new deals, to discover it was…..almost empty. Seriously?!? What gives? Between […]

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Update: 6 Johns Av., Medfield, MA — one for the books!

Investing, Wholesaling on August 18th, 2015 Comments Off on Update: 6 Johns Av., Medfield, MA — one for the books!

We recently closed on our resale of 6 Johns Av in Medfield — and this one was a doozy! The deal came to us from an elderly owner in a nursing home —  Medicaid had recorded a lien on their home and was threatening to take the property. With our background in short sales and […]

AA Real Estate Goes to the Cape — Update

Investing, Rehab on July 15th, 2015 Comments Off on AA Real Estate Goes to the Cape — Update

It’s officially summer and while everyone is sitting in Cape traffic, it seemed like a good time to share an update on our project in Orleans, which, as I shared in my Nov. 20, 2014 post, AA Real Estate has expanded our reach and entered into our first deal on the Cape, in the historic […]

2-Unit Condo Conversion – Emerton St, Salem!

Investing on June 2nd, 2015 Comments Off on 2-Unit Condo Conversion – Emerton St, Salem!

Keep an eye on our Facebook page for the video & photo updates on this beauty.  Made a new relationship with a wholesaler on this one, looks like we are now ready to start chasing witches!  Like us on Facebook here. The plan here is to demo the rest of the house, all new electrical, […]

Licensee Investors, Listen Up – How Not to Handle a Deal

Agent, Boston, Investing, Rehab, Wholesaling on June 2nd, 2015 Comments Off on Licensee Investors, Listen Up – How Not to Handle a Deal

Sometimes it is difficult being both a licensed real estate agent, as well as a potential buyer / investor for certain properties. One of my consulting clients who recently was undergoing classes to obtain his real estate license, shared with me a case study that’s in his study materials, of a listing agent who was […]

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AA Real Estate goes to the CAPE!! (And Tips on Investigating a New Market)

Boston, Deal, Investing, Rehab on November 20th, 2014 Comments Off on AA Real Estate goes to the CAPE!! (And Tips on Investigating a New Market)

So what happens when you’ve got 9 – literally, NINE – deals above your head, like spinning plates, that even after 6 months just won’t CLOSE??   We’ve had a slow Summer and Fall season, with a lot of deals coming in from our agent relationships and wholesaler students… but since we’re in the business […]