The Bilotti Group
1060 Broad Street

Central Falls, RI 02863
401.728.1849
rentals@thebilottigroup.com


Aquisition/Leasing Services

 

SELLING A PROPERTY

We are seeking to buy multi-family properties throughout RI and nearby MA consisting of 12-units or more. Ideal RI properties are located in Warwick, RI or any city/town north of Warwick, RI, with the exception of Central Falls, Providence and Woonsocket. Ideal MA properties are located as far north as Plainville and North Attleboro and as far east as Swansea. We are looking for moderate income class A, B or C units that were built in 1960 or later or have been updated with modern plumbing, electrical, windows and heating systems and have sealed foundations.

If you are a property owner, contact us first and avoid a sales commission. Brokers or others who are aware of properties for sale are welcome to contact us. We support the RI Association of Realtors. If you are already represented by a broker/agent, please have your broker or agent call us. Fill out and submit the form below and someone will contact you. If you are an investor who is looking to invest in a fund of properties as described above, please click here.


ACQUIRING A PROPERTY

 

If you have $250,000 or more and are interested in acquiring your own building, we can help. We have a long list of contacts that have properties available for sale. We will assist you with locating a property for sale, negotiating a purchase price and negotiating attractive financing.

 

We will provide you with independent underwriting to assist you in determining what the actual cash flow of a property will be. This is crucial for an inexperienced investor. Many real estate brokers talk about ?cap rates? (or capitalization rates) as if what they are telling you represents the amount of cash you will put in your pocket; however, from our experience many brokers drastically under-estimate the actual costs of operating a property and therefore, exaggerate the potential return on investment. We can provide you with all of the information you need to make an informed buying decision.

 

If you are interested in acquisition assistance contact Zack at 401-419-9465 or fill out the form below and someone will contact you.


INVESTMENT FUND

 

If you have $50,000 or more and are interested in investing in a fund that consists of RI and MA multi-family properties, our fund is for you. We are opening a fund and are seeking to raise $2,000,000 to acquire up to $8,000,000 of residential rental property throughout RI and MA. There are currently opportunities to acquire properties at prices that we haven?t seen in years and may never see again. Between today?s low values and today?s attractive financing rates, there has never been a better time to acquire a multi-family property. We will contribute 10% of the investment amount into this fund up to $200,000. This fund is not registered with the Securities and Exchange Commission; therefore, investors must meet certain minimum criteria to invest.

For more information fill out the form below and someone will contact you.