North Shore MA Real Estate Agent
A Consultative Approach to Real Estate
North Shore MA Investment Property Specialist
A Little About Me
Hi, I’m Andrew. I’ve lived on the North Shore my whole life and I love it here. Whether you are new to the area, looking for a new home, or want to start or expand your investment portfolio you’ve come to the right place. I use a consultative approach with clients to understand their real estate goals and provide guidance and advice on how to achieve them.
As a lifelong Massachusetts resident raised in Melrose and residing in Marblehead, I am very familiar with the North Shore and the Boston Metropolitan Area. If you are looking for a home in the North Shore or beyond my knowledge of the surrounding area will help you find the perfect location for your next move.
Shortly after college I started investing in real estate when I bought my first investment property with a friend in Chelsea. Over the years I have developed a long term buy and hold real estate investment strategy that includes both traditional and short term rental properties. I am truly excited to share my story and help investors at all levels meet their real estate investment goals.
Outside of real estate, my professional career spans a variety of corporate human resources roles. Most recently my focus has been on HCM technology consulting. I have managed large implementations of HCM software and led strategic HR technology engagements with clients. My career has been dedicated to analyzing and providing solutions for complex HR programs.
Massachusetts North Shore Real Estate Investing
Real estate investment opportunities are abound on the Massachusetts North Shore.
The more urban cities of Salem and Lynn offer traditional investment opportunities as densely populated cities with streets lined by multifamily properties.
As people continue to migrate out of Boston, Salem has become a hot spot on the North Shore. This is particularly appealing to investors who want to capitalize on increased rental income opportunity and a widening tenant pool.
Salem and Lynn are just the tip of the iceberg for real estate investing on the Massachusetts North Shore. Towns like Danvers, Beverly, Ipswich, Marblehead, and Whenham also present opportunities for investors who are patient and opportunistic. Whatever stage of investing you are at there are real estate investment opportunities on the Massachusetts North Shore.
How to Make Real Estate Work For You
Real Estate is a great investment. It's reliable, stable and should be part of everyones long term financial plan. The best part is it it can be attainable by anyone.
There are many methods to successful real estate investment, some of which require a great deal of capital. If you have it great, make it work for you. We can put together an investment strategy that will secure your financial future. If you don't have a lot of up front capital, that's OK. I certainly didn't when I started out. There are lending programs that will allow investors to buy multifamily homes for very little down as long as one of the units is owner occupied.
Wondering Where to Start?
When I was just out of college I bought a multifamily home with a partner in Chelsea. We took advantage of MassHousing loans and put 3% down on an owner occupied unit which worked out to just $4900 out of my pocket. We lived there for a bit, then moved on and continued to rent the property. Later I got married and bought another two family with my wife, putting just 5% down. Taping into equity on this property with a HELOC I was able to put a downpayment on my families 'forever home' in Marblehead. With a cash out refinance on my Marblehead home I was to be able to buy a lake house in NH that we are able to enjoy while also making great money through short term rentals. My whole timeline is below so if you have read this far, you may want to take a look at it.
After an initial invest of just $4900 and about 15 years I now own 4 properties (2 long term rentals, 1 short term vacation rental and my primary residence). It took some hard work and vision, but it's attainable by anyone.
My 5 Keys to Real Estate Investing:
- Think long term and take risks
- Start early, buy owner occupied multi families
- Use other people's (banks) money
- Buy properties that need some TLC and put in sweat equity
- Use financing to tap into equity in your property and use it to buy more
I share more information about investing and my story along with relevant information on the North Shore on my personal website and my social platforms www.ajsrealestate. - check it out and I hope to be able to connect soon.