Latest / BiggerPockets Real Estate Podcast
215: Condo Conversions, Student Rentals, and Profiting in a Hot Market with Ricky Beliveau
Boston is a tough market. Prices are high, but even high rents aren’t enough to make it profitable to invest. Ricky Beliveau makes money by renting to students, converting small multifamily buildings into condos (it’s easier than you think!), and transitioning unused space into more bedrooms to add massive value.
In This Episode We Cover:
How Ricky started by borrowing money from his mom
Thoughts on buying an expensive property in an expensive market
How he got 4 signers and co-signers per unit
Tips for finding a property manager
The upsides to having a college rental
How he achieves next to…
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