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Rehab Success Gallery
Looking for some inspiration? Check out these successful rehab projects completed by Smith Rothchild clients. You'll get a behind-the-scenes look at how our clients found their properties, the challenges they faced, and how quickly they turned a profit. |
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| View past success stories in our archive |
| Fast funding makes all the difference |
Kendall Jones is a full-time rehabber, and he knows what it takes to get a job done right. First and foremost, he needs to be able to react quickly when he sees the right opportunity. He found this particular property from a property wholesaler referred by Smith Rothchild. Kendall knew he had to respond quickly. "In today's real estate environment, property owners want to sell fast," he says. "Often I get a better price on the property because I'm the first person the seller will consider when they hear that we can close within 10 days." He purchased this 2-flat and in just 10 weeks he repaired the porches, installed all new plumbing and electric, added new doors, dry wall, ceramic tiles, carpet and renovated the kitchen and baths. Now, that's fast! Kendall credits Smith Rothchild with helping him get the work done so quickly. "It's so convenient to do business with Smith Rothchild. They wire transfer draws so the money goes directly into my account within 24 hours. That allows me to pay my contractors faster and that means the work gets done faster." Kendall plans to keep his momentum going by continuing to partner with us. "Smith Rothchild allows me to close more deals faster. They're fast and easy."
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Kendall Jones
Return on investment: 217% |
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| Restoring a neighborhood with strong roots |
| Lindell Wallace is a leader in his community. He respects the history of the neighborhoods that comprise the area; there are many families who have lived there for 30 years or more. Lindell is dedicated to making it a better place to live for future generations. He does this by rehabbing properties, and by conducting seminars where he teaches people how to improve their lives and improve their communities by buying and selling property. Because he knows this neighborhood so well, he knew this building was up for sale even though it was not published on the market. He knew it was a smart investment. He purchased the property, rehabbed it, and sold it for almost double the purchase price. Lindell is a full-time rehabber and has completed more than 25 projects with Smith Rothchild. He chose Smith Rothchild because of the service and integrity of the staff. Lindell says that Smith Rothchild is "the most caring and compassionate company. They do what's right for their customers." In addition, he truly sees Smith Rothchild as a partner. "They give wonderful advice. There's always a smile and a helping hand." He credits Smith Rothchild for playing a key role in his own success. "Then they help to elevate you to a higher level. They will do anything they can to help you be successful." |
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Lindell Wallace
Return on investment: 180% |
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| Partners in success |
| Randy Brown and Tony Matthews have been rehabbing property together for over two and a half years. This project, a 2-unit with a garden apartment, was particularly successful. After purchasing the property, they gutted the interior, added a new kitchen, bathrooms, plumbing, electrical and more—a top-to-bottom job. After the rehabbing was complete, they sold the property for more than double the purchase price. Although Randy and Tony did encounter a hurdle—the initial buyer's financing fell through and they had to find another buyer—Tony credits Smith Rothchild for helping them overcome obstacles. "Smith Rothchild helped us tremendously. They extended our buying power. They made borrowing easy, and were very responsive" he says. As Randy and Tony continue their partnership, they are happy to include Smith Rothchild. In an industry where unexpected challenges can arise at any time, they know they can count on Smith Rothchild. As Tony says, "It's a one-stop shop. They're great for expert rehabbers and novices. Smith Rothchild does a great job. It's the perfect place for us." |
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Randy Brown & Tony Matthews
Return on investment: 653% |
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