(They borrow your money to buy a property and tear it down to the studs to start a remodel and then run out of money or skill.)

My wife had already remodeled the kitchen, and after we got married, we spent some time to clean it up and do a full bathroom remodel. 

We remodeled a house there that we now have on the market, and more than likely will be bought for STR.

The property needed a full remodel including exterior repairs.

Purchase price: $100,000 Cash invested: $130,000 Small cabin on 5 acres of land with the barn and still covered bridge we remodeled the property added septic tanks gravel landscaping redid the entire cabin and now we are cash flowing very strong and heavy on this property What made you interested in investing in this type of deal?

After remodeling the property and adding a better property management team we are upscale to almost 300 tonight What was the outcome?

You could setup a kitchen and bathroom remodeling business in the area you are doing flips for additional cash flow to your business.

Remodeling with tenants in the apartment is bad for everybody.

Remodeling bedrooms, bathrooms, living room, kitchen and patio

Purchase price: $175,000 Cash invested: $267,000 This 3 bed, 2 bath BLOCK home has been fully remodeled in 2024.