All Forum Posts by: Dan Illes

Quote from @Joshua Janus:

Quote from @Dan Illes:

I'm looking for help choosing a market to work and invest in. I specifically focus on subdividing land and multi-family new builds. Below is a photo of a 4-plex I recently built from the ground up on land I acquired through the subdividing process.

I currently operate in Canada and I'm looking to take my talents south of the border. Any suggestions on markets that are friendly and welcoming to infill development and multi-family new builds? I'm hoping to narrow down a couple markets and spend time learning their by-laws/zoning through and through. I have a background in Urban Planning and Civil Engineering which gives a big leg up when it comes to this strategy.

Much appreciated, Thank you!

 Check out Cleveland! I work with Canadian investors purchasing small multi family here. There is plenty of development and redevelopment near the 2 major hospitals we have here.

 Thanks, Joshua. I may reach out at some point. 

Thanks, Robert. Appreciate the suggestion.

I'm looking for help choosing a market to work and invest in. I specifically focus on subdividing land and multi-family new builds. Below is a photo of a 4-plex I recently built from the ground up on land I acquired through the subdividing process.

I currently operate in Canada and I'm looking to take my talents south of the border. Any suggestions on markets that are friendly and welcoming to infill development and multi-family new builds? I'm hoping to narrow down a couple markets and spend time learning their by-laws/zoning through and through. I have a background in Urban Planning and Civil Engineering which gives a big leg up when it comes to this strategy.

Much appreciated, Thank you!

Hey Eric. Been quite a while since you wrote that comment, but wondering if you'd still be willing to share lending contacts in the Tampa area. Appreciate it. Thanks!

Hi Roseann,

I have a business call WaterBillSolutions.com which provides water submetering solutions to multi-family landlords. I started using these products as a client in my own investments, but had enough positive feedback from other investors, that I connected with the manufacturer and started a small business around it.

Please feel free to reach out if you feel I can be of help in any way.

Hi Monica,

If you're still looking for info on severing in Ontario, I did a recent podcast episode where I go real deep on the topic.

https://mtyehrealestate.podbea...

Feel free to message me if you feel I can be of help in any way.

Hey Mark, little late to the party here, but I did a podcast episode on the Rise Real Estate Investing Podcast where I went real deep on this topic.

I've successfully severed a number of properties in Ontario. My whole strategy is based around it.

https://mtyehrealestate.podbea...

Anyone reading this, feel free to reach out if you'd like info on severing properties and infill development.

Cheers

Thanks Brandon. When I was searching for a unit for my own properties, this was the best no-frills metering system that was perfect for small properties in particular. I’ve liked it so much, I had to start providing it for other investors. 

Good afternoon real estate investor friends.

I’ve been using this water submetering system in small multifamily properties to much success and wanted to share.

When you can submeter water and pass the costs along to tenants, you increase the net operating income of your asset, which in turn makes your property more valuable.

One of the biggest benefits to such a system is gaining greater control over your property. When you can see the daily water consumption of your property, you can know certain things such as when an unwanted guest moves in, or a unit is left unoccupied. Another benefit to tracking water usage is being alerted to potential leaks or pesky things we all experience such as a continually running toilet.

Many landlords attempt to submeter water by installing water meters and having tenants, property managers or themselves physically read the water meters on site. This system publishes the daily, weekly or monthly consumption to the internet for you to view at anytime.

For more information, please see my website. WaterBillSolutions.com
I currently have a number of these units along with water meters available for purchase.

Feel free to reach out if you have any questions. 226-929-0214

Thanks,

Dan Illes

Hi Jonathan, I was able sever 2 lots off of the properties mentioned above. Currently fulfilling conditions and extremely close to having deeds in hand. Still deciding whether to build myself or flip the lots to a builder. Will depend on if the city will allow us to build 2 duplexes or not. If yes, I will build and hold. If no I will sell the lots. I actually bought another similar project in the meantime and was just granted a severance on that one as well. Also got to demolish a house on this new one which was a first.