Long term rental pivot

[Jim Pinter]

Investment Info:

Single-family residence fix & flip investment.

Cash invested: $40,000
Sale price: $205,000

Strategic Market Pivot: From Long-Term Rental to High-Yield Fix and Flip
This property was strategically transitioned from a single-family long-term rental (LTR) into a fix-and-flip project after analyzing market trends and identifying a pivot that would yield better long-term returns. This decision not only maximized immediate profits but also enhanced positioning for future investment opportunities, demonstrating adaptability and a forward-thinking investment approach.

What made you interested in investing in this type of deal?

Great location and high rents vs initial investments in this area.

How did you find this deal and how did you negotiate it?

This one was purchased through bank foreclosure proceeding's. It was an as is deal and with a minor refresh after purchase it has been a great cash flowing single family LTR.

How did you finance this deal?

Finance was a combination of a few different vehicles and ultimately ended with a HELOC which was then used to fund multiple other projects over the years.

How did you add value to the deal?

Value adds were a combination of market value increases, rentability increases, strategic maintenance and improvements during lease cycles, and property management.

What was the outcome?

Several different outcomes through the 10+ years of owning. Feel free to reach out to learn more