Buy and Hold Edge

  • Multi-family building sizes (6-50 units) too small for the large players

  • Properties with a potential for value-add capital expenditure that will lead to strong future returns

  • Targeted markets where we have personal experience

    • Northwest Indiana – M and D Properties has owned long term, rental units in this market since 2007

    • Chicago south suburbs – M and D Properties has owned long term, rental units in this market since 2014

    • Chicago neighborhoods – The M and D Properties team has lived in and flipped houses in various neighborhoods around Chicago

  • Strong maintenance and rehab partners in our target markets obtained through flipping activity and over 12 years of buy and hold experience

  • Strong tenant screening process ensures high quality tenants that pay rent

Flipping Edge

  • Strong relationships with tax certificate sellers and auction bidding platforms allow us to purchase property below market value

  • Understanding of the tax certificate process and experience obtaining property deeds through tax certificate sales

  • Targeted markets for flipping in Chicagoland

  • Deep understanding of the demographics in each neighborhood obtained through prior flip projects

  • Real estate agent partners with ties to the local neighborhoods

  • Rehab partners and contractors with proven track records

““I have lived in a single family home owned by M and D Properties since 2008 and I have loved every minute of it. The M and D Properties team is responsive to maintenance issues and, therefore, I treat the house like it is mine.””
— Tina Holecheck, Current Tenant

What WE Look for

  • Brick properties

  • Cap rate above 8% with an opportunity for value-add capital expenditure to increase returns (update bathrooms, kitchens, add laundry, add storage, etc)

  • B and C+ properties in improving neighborhoods

  • Separate utility meters for each unit so tenants will pay variable costs

  • Purchase price below market value

  • Close proximity to highways, trains, work, restaurants, bars, etc

  • Limited “outside work” required for initial stabilization (functional roof, windows, brick/siding, etc)