All Forum Posts by: Joni Shehu

Thanks @Dan Gamache! Just shot you an email. I live next to Lynnfield. Let's link up

Does anyone know people who may be interested in funding our deals just like the one below? 

Town: Wayland (All of our deals are in the Greater Boston Area of Massachusetts)

Building: 4,000+ SqFt Building 

Purchase Price: $615,000

Rehab: $75,000

     Total Cost: $690,000

ARV: $825,000

All of our deals are off-market deals @Jason Turgeon.

This particular property was highly distressed and the homeowner was super motivated.

Hi @Nicolas Beaujean. Feel free to pm us and we'd love to share our thoughts. This is in Dudley and no it didn't have any deed restrictions.

Thanks @Michelle Addison. The $20k went to permitting/zoning attorney fees, architect fees and other miscellaneous soft costs.

Our zoning attorney came well recommended from other developers. Another tip is to look into the local zoning/boarding minutes or eve of the Google "CITY Zoning Approved" and see which attorney is more active (successfully) in your area

Investment Info:

Small multi-family (2-4 units) fix & flip investment in Revere.

Purchase price: $350,000
Cash invested: $80,000
Sale price: $550,000

Multi-family fix & flip. We bought this as a buy & Hold until we realized that 2-family properties aren't great to manage. We acquired this 2-family building and inherited an amazing 2nd floor tenant. We renovated the entire 1st floor by changing the floorplan from a 2bed/1bath to a 3bed /1 bath. Sold it after 5 months for a nice profit.

Investment Info:

Single-family residence fix & flip investment in Medfield.

Purchase price: $200,000
Cash invested: $80,000
Sale price: $565,000

Another typical fix & flip. However the acquisition part included a short-sale as well. This was an off-market lead that turned to a short sale. We spent about $80,000 and it took longer than our usual time to complete.

Investment Info:

Single-family residence fix & flip investment in Medford.

Purchase price: $358,000
Cash invested: $40,000
Sale price: $485,000

Contributors:
Enis Shehu

Another typical single family fix & flip. This was in good condition. New kitchen, new bathrooms. We kept our budget to a minimum.

Investment Info:

Single-family residence fix & flip investment in Waltham.

Purchase price: $340,000
Cash invested: $90,000
Sale price: $535,000

A fix & flip in Waltham, MA . This is one of our typical single-family flips. A 3-month project from start to close. New kitchen, new bathrooms as well as new flooring, fixtures.

Investment Info:

Single-family residence fix & flip investment in Wayland.

Purchase price: $380,000
Cash invested: $200,000
Sale price: $660,000

Our first-ever fix&flip in Wayland, MA. Great learning experience.