Skip to content
×
Try PRO Free Today!
BiggerPockets Pro offers you a comprehensive suite of tools and resources
Market and Deal Finder Tools
Deal Analysis Calculators
Property Management Software
Exclusive discounts to Home Depot, RentRedi, and more
$0
7 days free
$828/yr or $69/mo when billed monthly.
$390/yr or $32.5/mo when billed annually.
7 days free. Cancel anytime.
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
General Landlording & Rental Properties
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated over 3 years ago on . Most recent reply

User Stats

13
Posts
7
Votes
Brandon Rush
  • Real Estate Agent
7
Votes |
13
Posts

Building a 3-family in Boston

Brandon Rush
  • Real Estate Agent
Posted

Hey team,

I've got a 2,400sq/ft buildable lot in Dorchester that I'm looking to build on. I bought this lot with my first property, but the plots have separate addresses and deeds.

My GC mentioned to me that building a 3-family is likely going to be cheaper than buying and renovating one. That, of course, might not be true right with material costs through the roof -but generally!

The major question I have is: Where do I start? 

Do I go to the city first? Go to an architect or an engineers? Am I looking for specific construction financing?

I've thought a lot about buying houses, but never about building one. Any advice for a total newbie would be greatly appreciated!


Most Popular Reply

User Stats

861
Posts
821
Votes
Dave Spooner
  • Rental Property Investor
  • Cincinnati, OH
821
Votes |
861
Posts
Dave Spooner
  • Rental Property Investor
  • Cincinnati, OH
Replied

@Brandon Rush A generally inexpensive way to go is to purchase some preset plans and to hire an architect to modify them. Your choice of an architect is critical. This is not just a simple contractor hired to do a job and run, they should be an advocate for you during the construction process. They can also help you evaluate a good contractor and will surely be able to help you navigate the local municipal process. I would strongly suggest starting there!

  • Dave Spooner
  • [email protected]
  • Loading replies...