All Forum Posts by: Pete Schwan

Wondering if a solar array with SolarCity is a good idea for your rental property? Consider the following:

1) SolarCity systems can increase the resale value of your property.

2) It costs no money to go solar with the Power Purchase Agreement. $0 cost, immediate return.

3) When considering two properties to rent, all things being equal and one is solar, the tenants would prefer to rent the "Green Home" over the non-green home.

4) Going with a SolarCIty PPA the tenant will have lower utility bills at a fixed rate, other rental properties will have higher electric bills, again giving your property a competetive advantage.

Contact me for a phone consultation. Thanks! ~Pete

Can you help me with buying vacant land and a construction loan?

We are now offering an option to put solar on your residence or investment property for $0 - Zero Dollars. No cost to you, immediate savings on your electric bill. Let's talk to see if your house is a good fit for solar. ~Pete [email protected]

We have a new option for putting solar on your rental property. Called the Power Purchase Agreement - Pay for the power you produce on your roof (just like a utility but less expensive and better for the environment). SalorCity will maintain the sytem for 20 years. You can, in some cases, drastically reduce your utility bill by going solar. Include electricity in your rent and then charge $100 more per month to the tenant. Email me to schedule a quick phone conversation to see if your roof qualifies. All the best! [email protected] 

Off-market 2 family property available. Needs work: Unit 1 is 2Bd/1Bath needs new kitchen, bathroom and paint. Unit 2 is 3Bd/1Bth with a huge unfinished attic. Tandem parking on side of house. $675K. Being sold As-Is. Email me for a private showing: [email protected] 

@Jabari Piper Congrats for venturing into this exciting industry/market with limited experience, you gotta start somewhere! I'm sure you'll do well because you're doing the right thing...asking questions. Many of the answers to the questions you initially asked about process are outlined on the BRA's website: bostonredevelopmentauthority.org. 

After getting the general idea of what to expect, you might want to start interviewing general contractors. I work with guys in the Southie market who know the folks downtown, which is a huge help. Especially when you want to squeeze another unit into a project or can't get enough parking spots. Another key player is your architect. This person MUST have experience and relationships with the BRA & ISD. If not, it could cost you time and money. 

Ultimately, there is going to be a learning curve so don't get frustrated. Best of luck and feel free to shoot me an email if you need some referrals.  

HI Charlie,

If your client could get 10% down he might be able to get funded through [REMOVED]. We have a similar situation with one of our clients and [REMOVED] was able to get it done. Best of luck!

~Pete

I've identified and analyzed a 4 Fam in the Boston Market. I'm looking to partner with an investor who will hold the paper and help me finance the deal. I'm an experienced property manager and real estate agent in Boston and I can fund some of the downpayment but not all. I can also do the demo, painting and light carpentry, which will help the profit margin. Private message me for more information. Thank you for reading. ~ Pete

Project Outline:

Harvesting will begin September 1, 2015 and continue until the entire plantation is harvested and processed. We work with exporters to market and sell the teak to International buyers. Returns on investments will be delivered on a rolling basis as each hectare is harvested, processed and sold. After the teak has been processed, we will begin the development of a luxury eco resort, golf course and spa. This is where the meat is. ~20% ROI. Message if you're interested in receiving the prospectus. Seeking 2.5M. teak to be insured by Lloyds of London. Greg Norman to design the championship course. Limited private membership.

I'll take a look in my database and let you know what is out there. What is your price range? Timeline? Preferred number of units? 

~ Pete