Mike at Splice Realty has been an invaluable resource in guiding me through the real estate investment process in order to sell my apartment and purchase my first multifamily investment property in Cambridge, MA. His firm truly provides best in class service, advice, and resources for all aspects of the real estate ownership and investment process.
Mike is naturally very trustworthy and so easy and enjoyable to work with. He walked me through every step of the process of selling and reinvesting in the real estate market in Boston, starting with the initial market analysis of selling my apartment -- including a comparable market analysis that many other agents do not provide -- and helping to find the best lawyers, lenders, and general advice. In addition, Mike has a team of contractors on payroll that were readily available and extremely helpful in getting the property ready to sell with almost no turnaround time to get it on the market.
Mike's team of agents allowed me to cover showings 24/7 and were very professional in working with my existing tenants and potential buyers. He also helped handle the appraisal and a number of property management related issues in a timely and very seamless manner. In looking for a new investment properties, Mike has excellent knowledge and insight into the dynamics of multifamily properties in various neighborhoods in the Boston area.
In talking to him about all of the different areas and possibilities, he has a visceral feel for neighborhoods and specific locations within the diverse areas of Dorchester, Jamaica Plain, Malden, Cambridge, Arlington, and Somerville. In analyzing these properties, Mike was invaluable in helping me make sense of the economics of certain properties and deciphering between cash flow versus appreciation, as well as the somewhat complex dynamics of buying a vacant building and investing in building improvements, versus buying a stabilized, tenanted building.
It is obvious that he offers many years and depth of first-hand experience in investing in and managing multifamily properties. It was particularly helpful how Mike helped me identify and refine my investment criteria in order to present properties that I liked on a regular basis, which definitely helped me get a sense of the market and further pinpoint the types of properties and areas that I was most interested in, rather than just reacting to properties that I brought to him after conducting my own search.
In addition, Mike spent considerable time helping to understand and define my goals for the correct real estate investment based on my assets and income, investment sophistication, and long-term investment goals. What was perhaps most impressive throughout my experience with Mike was the way that he genuinely seems excited about real estate and helping his clients develop the same excitement for their own real estate investments and opportunities.
I can't tell you how many times Mike would send me potential listings late at night, on the weekends, or even while on vacation because he was so excited about helping find the right investment. I look forward to closing on our investment property and I know that Mike and his team will be there to guide and assist me through every step of the process. Their skills and experience translate across the spectrum for scale of real estate investment and I look forward to working with Mike on my next investment property as well. I can't recommend Mike and his team more and I know you will be very happy in your decision to work with them.