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Fix and Flip
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Fix and flip opportunities will allow our clients to increase financial stability and develop and build a business while diversifying a new or already established portfolio. This type of investing is highly competitive, and you have to be able to move quickly; by the time you’ve asked 10 questions, 3 other Buyers have already put offers on the property. Our process for identifying a profitable fix and flip quickly will almost guarantee that no opportunity will be overlooked.
This investment category will interest those investors looking to maximize returns and can appreciate a quick turnaround. These can either be fixed and held to gain monthly returns or fixed and flipped to gain immediate returns.
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Pros
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- No long term commitment, usually done in a few months;
- Flipping allows for a quick return on investment and you can flip many properties in a year’s time; and
- Aids in diversifying your portfolio while increasing financial stability.
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Cons
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May be some risk involved however, working with Ontario RCI will minimize risks significantly.
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The Ontario RCI Team will help educate the buyer and minimize risks involved. We have resources to aid our clients with their investment from start to finish from signing the offer, project manager to oversee renovations, contractors to perform the work and lastly, the right property managers to rent out completed units and deal with the day to day.
Our team policies are buyer friendly, we don't pressure our clients to invest. We simply present the opportunity and educate and aid the buyer in making an informed decision. Everyone on our team are investors themselves and can understand and appreciate the details of any investment opportunity. We run the numbers on every possible opportunity to ensure its profitability before offering it to our clients. With every opportunity we include the listing, a cash flow analysis and a few pros and cons about the property. Our experience in this form of investment is priceless and offered freely to our clients.
Our goal is to develop a longstanding relationship with our clients and we are completely focused on ensuring our buyers success as an investor.
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BRAD MITCHELL Real Estate Salesperson
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Brad is expert in fix and flip, turnaround, and fix and hold investments. Brad’s expertise and knowledge of the real estate market within Windsor Essex County is second to none. He can provide you all necessary tradesmen, handymen, property managers, leasing agents, how and where to advertise, etc. etc., which greatly increases your chances of success; some of these people on this list have been referred to for over 10 years.
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LIST OF CURRENT FIX & FLIPS DEALS
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| Price: |
$209,000 |
| Rental Units: |
10 |
| Address: |
978 PARENT, Windsor, N8X 1B1 |
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| Price: |
$138,900 |
| Rental Units: |
7 |
| Address: |
3601-11 QUEEN, WINDSOR, N9C 1P1 |
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