
RISE Real Estate Investing Podcast
Ep 68: Severance and Redevelopment with Dan Illes
Dan Illes is a Civil Engineer - drafter, designer and inspector. He recently left his career to go into real estate investing full time and he has pulled off multiple successful BRRRR's and severance strategies since. He also operates a water meter separating company that services multifamily residential and commercial properties to allow landlords to better track and separate costs - WaterBillSolutions.com.
In this episode we discussed;
- How to assess the severability of a property
- How to determine what minor variances are reasonable and perform due diligence on a development or severance play
- The costs, time and skills required to execute on this strategy
- Water sub-metering in small and medium size properties
- and much more!
Follow Dan Illes on Instagram at: https://www.instagram.com/illes_invest/
Connect with Dan on Facebook at: https://www.facebook.com/dan.illes
and website at: WaterBillSolutions.com
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