First Time Flipping in the Boston Area

[Guilherme Drummond]

Hello everyone,

I am preparing for my first REI venture.

I am looking to start by flipping houses in the Boston Area.

My finances are structured, and I am still collecting information to give me more confidence and direction.

I intend to start with a two multi-family house and possibly convert it to a triplex.

Does anyone have relevant information to share with me?

Thanks.

[Jason Regan]

I would get a sitdown with @Lien Vuong.  Shes an amazing agent in the area and works with many investors.  Do you have the funding in place you need to buy in the expensive Boston market?  Also, make sure you know the regulations.  For example in my area (around Leominster)  most cities need 2 parking spots per unit.  This would mean if I added a third unit out here I may have to find a way yo get two more parking spots.  This really messes up a lot of renovations in Fitchburg.  Also in Fitchburg if you go from a 3 family to a 4 family then you have to put in a sprinkler system.  The cost of that almost doesnt make it worth it.  

Happy hunting and find a good real estate agent to work with out there