This week’s property spotlight shines on the breath-taking renovation of a 3-bed, 1-bath single family rental in Miami, Florida. The modern renovation was executed by Elite Vestors Group Inc, lead by a successful real estate investor in the Miami market with over 10 years of property investment experience. The investor began establishing his flip portfolio in 2005 when he was only 20 years old. In the last 2 years, he has purchased, fixed and flipped 42 homes and currently has an additional 19 properties in various stages of resale.
Prior to renovation, the property was outdated and the lack of care was evident with the property’s old cabinets, missing tile flooring, and lack of functionality in the bathroom. The renovation addressed these issues and more. The kitchen, which once featured moldy and old cabinets, visibly worn flooring, and rusty appliances and fixtures, took a modern new look. It now sports new white cabinets, marbled countertops, new ceramic tile flooring, a mosaic backsplash, and a brand-new sink.
CoreVest works with borrowers like Elite Vestors Group Inc., to finance real estate investment portfolios of various quantities and property types.