The mindset required to buy a junky property, remodel, and create value could change your life. 

It's fun to remodel the house and make it as nice as possible.

Real world numbers 3 years into the syndication I invested in:COC return 2019 = 1.6%COC return 2020 = 1.0%COC return 2021 = 1.0%This is with occupancy of 95% plus, remodeling units, and pushing rents higher.Don't expect large big name syndicates to return 6-7% COC on their reputation alone.

Teaming up with a close friend, we own a contractor business specializing in kitchen and bathroom remodels.

It's always a mild red flag with a home is selling with more bedrooms or bathrooms than reflected on assessor records.My recommendation to clients is usually along these lines: if you want to do an interior remodel without permits, go for it.

Maybe live in, remodel, and flip.

I'd like to know at what stage of renovations you will list your property for sale such as during the final paint touch-ups, during the finishing touches, or do you wait until everything is finished
I am just trying ...

Quote from @Joey Prather: Hi - We've done 3 full remodels that we've lived in and now putting in offer for first remodel.

Purchase price: $80,000 This was our first flip and it happened to need a full re-remodel due to previous owner performing a full demo (sheetrock removed, electrical, plumbing and all left was studs.

It's a duplex unit and the other side has already been remodeled by another investor and is currently listed for sale at $159,000.