MIG | How We’re Changing The Real Estate Game
As the Co-Founder of MIG (Multifamily Investment Group) Realty, I am happy to share our story and provide some insight in to my business partner, Hakim Salder’s background as a power house real estate broker and investor in the Greater Boston Market. In this video Hakim and I discuss
1. His entry into real estate
2. Why we founded MIG
3. What makes MIG Different
4. The power of 1031 Exchanges
We also chat about understanding the rental market and how rentals are the key to building a successful multifamily portfolio. At MIG our approach Is data driven and we are able to source off Market deals for Investment to create unique opportunities for our clientele. 🏢 If you’re looking for your next Multifamily Investment property visit http://MIGXM.com 🏠 If you’re looking to buy a home visit http://btrealtygroup.com 💰 For Hard Money visit http://BostonRealtyFunding.com 📚 For free resources to get into real estate visit https://linktr.ee/robertlnichols 👷🏼 For Home Depot Exclusive Discounts visit https://homedepot.sjv.io/O1PQG
The Boston Real Estate Market is Booming to the tune of $6 Billion Dollars worth of residential real estate sold year to date (January 1st 2021 – September 30th 2021) . This is 60% more than what sold during the same period in 2020. Furthermore, analyst at Fortune, Goldman Sachs, Core Logic and Zillow, believe the 2022 residential real estate market values will grow by 3% on the low end to as much as 16% on the high end across the nation. It is also important to not that values have continued to rise as inventory and rates remain near historic lows. If you’re looking to buy or sell Real Estate in MA, CT or RI visit http://BTRealtyGroup.com.
Zillow Could Become The Nation’s Largest Wholesaler By “Stealing” Homes From Sellers!
As Zillow has moved into iBuying, investors and realtors across the nation could potentially miss out on listings and opportunities to acquire properties direct from homeowners. Essentially, Zillow’s algorithm is making offers to owners who list homes on their site below market value and then buying these FSBO (For Sale By Owner) homes before other investors have a chance to make a competitive offer.
Zillow quickly re-lists the property at a higher amount to capture the profits. This has some concerning implications. For one, many realtors who market to FSBOs as a means of ultimately listing properties or earning a commission if they have a buyer, will now miss out on these opportunities. For a company that has made a living on the backs of agents paying for ads, I’d say it’s time to evaluate if Zillow has agents’ best interests at heart. Fundamentally, they are no longer helping to solve problems for realtors and are creating an even bigger problem by competing with us for seller leads.
Zillow is ultimately going to drive values up, as they quickly re-list these properties for significantly more using their data and algorithms for pricing. In some cases they may be able to essentially “steal” a home from a seller and capture the profit for themselves rather than allowing the seller to benefit from a marketplace where buyers can compete for their property. Zillow is too big to care about individual realtors and sellers, and this is why for years I called them out as the pimps they are. They pimp listings for profit! Now, they are “stealing” homes from hardworking Americans!
Robert and Elizabeth Nichols of New City Investors present The Cookie Cutter House. This Brockton single family Campanelli Ranch was in total disrepair when they acquired it, but true to form, this home was transformed from a beast to a beauty rivaled by no other in the neighborhood. The home got its name because every house on the street is an identical Campanelli Ranch. While the cookie cutter may look like every other home on the outside, I assure you, it’s a total difference experience on the inside. To quote Young Petey (Field Operations Manager for New City Investors)
“It’s a Brockton Single Family with a Boston Attitude!”
This custom designed single family features 1400 square feet, an open concept living room and kitchen with an adjacent great room that could easily double as a guest bedroom. The kitchen includes quartz countertops, stainless steel appliances, raised panel white cabinetry, and a laundry cabinet. Efficient lighting is provided by LED fixtures and 4″ recess cans. The bathroom was tiled with a subway shower surround, built in marble trim shelf and a rustic wood grain ceramic floor tile. Lastly, 6″ Nighthawk Rigid Core Luxury Wood Laminate Flooring was installed throughout.
Asking Price: $349,000.00
- Beds – 3 (4th can be easily added while maintaining living, dining and kitchen.)
- Baths – 1
- Living Area: 1400 sqft
- Electrical Service: New 100 Amps
- Plumbing: New PEX Tubing and New Hot Water Heater
- Heating – High Efficiency Heat Pump (Forced Hot Air AC Ready)
For Showings Text Ezinne – 713-385-2499
DIY How To Install A French Drain for $500 In Yeezys
We just Installed a French Drain for $500 while Young Petey was rocking his Yeezys! All kidding aside, I received a quote for $8000 to do the same job. In some cases you’ve got to find a way to DIY (Do It Yourself). By Watching this video, you’ll learn how to install a french drain and save yourself money in the process. Here are the links to the main items I purchased at Home Depot. They have the best pricing for the materials.
Ez Drain Pipe – http://homedepot.sjv.io/EZDrain
Ez Drain Dry Well – http://homedepot.sjv.io/drywell
Ez Drain Surface Darin – http://homedepot.sjv.io/surfacedrain
Weekly Mentorship Live With Robert Nichols – https://robertlnichols.com/weekly-mentorship
📈📊 Free Gift 🎁- To get a free stock visit: https://join.robinhood.com/robertn1736
🏡 For free resources to help you grow your real estate business visit: https://linktr.ee/robertlnichols
If you need 💰for your next real estate investment visit: http://BostonRealtyFunding.com