Andover Rd
Andover Rd
Townhouse - complete re-model
Townhouse - complete re-model
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
Challenge
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.
Value
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.