Our goal with each and every one of our Owners and their rental properties is to ensure high level performance throughout the entirety of their ownership experience. We specialize in making bad situations profitable.
Here is an example of a property in Polk County we were able to Buy, Rehab and Rent quickly and efficiently to produce high level returns:
-This Single Family Residence was purchased in the Fall of 2019 for $179,000 using conventional financing.
-The previous owner was renting the property for $1,100/month.
-An Inspection was performed by our team to determine what could be done to increase the homes rental potential without breaking the bank.
-We spent just over $13,000 and the next 2 months rehabbing the property. This included exterior repairs, a new kitchen install, interior painting and new lighting fixtures. We have attached the invoice below for reference.
- Once rehab was completed, we listed the property for rent at $1,475 and had a quality tenant placed within a week.
Now one year later, should the tenant choose not to renew their lease, the property will be listed for rent at $1,600/month. That’s $6,000 more per year than the original rental income!
If you have a Rental Property that is under performing, don’t wait any longer! Contact Us Today!