I would demo it and not replace or demo all stone and put in a modern electric unit.

They say technology has gotten better but I’m a little reserved on it.

Our goal is to help you find desirable properties that rent above median rates at a discount price that will cash flow while appreciating and drawing in good tenants who take care of the property while paying the overhead and paying down the debt service.As far as technology goes, there is tons of information available to us as investors.

I want to be involved with investors who want to bring technology into their business and futurize (I'm not sure if that is a word) the industry.

Investment Info:

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

Purchase price: $629,000

Cash invested: $415,000

Sale price: $1,350,000

Bought a 2 family home and gut ren...

Depending on your market a flip at that price point may not sell unless it is completely decked out and modernized.

How has big data and new technology impacted the way that you invest in real estate?

New investors have such a big advantage today with technology.

We completely reconfigured the floor plan, and restored the house to new condition with modern amenities and great spaces.

Complete renovation and modern design What was the outcome?