All Forum Posts by: Jerry Batista

Hey Debra!

Houses that need a total rehab would be the best candidate. 1-4 units houses. I would be strategic on location. Max purchase price would be $125k for these types of properties near Providence. Great opportunity to come in and spend 75-100k on facelifting the exterior and improve the floor plan. Looking to showcase and create a brand around the design and construction. Expected return $60-75k or more.

Would love to chat more in-depth about the concept. I have a long-term strategy in-mind.

Best,

Jerry

Thanks for the info Anthony! Almost forgot about those meetings. I'll take a look on the RIREIG website and attend the next session!

Best,

Jerry

Hey guys! I'm an architectural designer looking to renovate aging homes here in Rhode Island. The plan, in short, is to convert these older homes into more of a functioning space where families can enjoy their privacy and entertain guests. I'd like to completely change the feel of common housing floor plan styles that we often see in Cape cod, Raised Ranch, and colonial styles homes to name a few.

I'd love to meet up with potential investors to show you my plans and discuss how we can work together!

Thanks!

Jerry

Hey Robert!

Sorry to hear about this happening to your property. I too, have pipe freezing issues in my rental property in East Providence. It seems that the previous owner has replaced the copper pipe that runs along the exterior of the house to PEX. This doesn't prevent the water from freezing (Even in an insulated cavity space), however, it does allow expansion and haven't had a burst in the time that I've owned this house (about 3 years). Since you are going through remodeling, maybe this is something that you can do for preventative measures?

Good luck!

Best,

Jerry

 Agreed! Fed Hill has always had that charm. Good luck with everything!

 Thanks Christian! The Project is located by Bucklin Park. With Westfield Lofts and Room & Works down the street, It's a matter of time till more people start developing the area.

How's "The Hill" treating you?

Great potential! Looking forward to seeing this area grow.

Thanks for dropping a comment!

 Hey Greg! I'm talking about a Strip Center filled with small businesses. Restaurants, Some Retail, etc.

Hey BP RI Community! 

I am redeveloping an old, practically abandoned, building in the Heart of West End, Providence, into a neighborhood plaza. Plans are about ready for plan review and things are getting excited! Who here owns property in the area? I'd love to chat!

Waterfront Neighborhood, well above flood zone! Brown University and Johnson & Wales are continuing to buy property and the state is has put a lot of effort on remediation of the providence harbor (Building waterfront condo's). After looking at a few different properties, I found that the multi-families on the market (at the time; Oct'15) were in pretty rough shape. Ended up finding a house that was very well taken care of (Way better then what was out there in my opinion). Found ourselves in a bidding war the day it was listed so I offered 10k above asking and won the deal. This a buy and hold deal for sure.