On June 22nd of 2022 - The investors of JDP Capital took ownership of 1100 Andover Road to remodel and rent the property within 4 months timing. Below is the progression of the renovation project.
Challenge
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Great Planning mets Great Opportunity! When we patiently waited for the market to grant us this opportunity we bought it under market and made plans to maximize the ARV. We added a bathroom in the basement, replace roof and more. Now this property is one of our best investments yet.
Building rental income in the long term gives greater returns on investment because you can cash flow while building equity in your property. We leverage the profession network of travel programs in the area to source our tenant pool which has allowed us to cover our expenses and make profit while managing the property.
Result
Kitchen
Primary Bedroom
Full Bath
Backyard
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