Bedrooms

Investors / Rentals

Do you have a rental in need of remodeling? Being an apartment remodeling company in Miami, FL we can quickly assist you in making your apartment ready for rent.

Investors / Rentals



Apartment remodeling company in Miami, FL

Do you have a rental in need of remodeling? Being an apartment remodeling company in Miami, FL we can quickly assist you in making your apartment ready for rent. Being real estate investors ourselves we completely understand the budget limitations and the speed required to have your unit rental ready. In addition, we can also make a DEAL with you!

We have been remodeling condos for investors since 2005. Before the boom, investors desired high-end remodeling in order to re-sell the units for a profit. However, things have drastically changed and now the investor market is mainly for “buy-and-hold” investors looking to make a decent return on their investments. Below you will find a recent deal our company completed with a real estate investor. Feel free to contact us if you have any questions. We are experts in making great deals possible!

Our partnership opportunities allows investors to leverage themselves with us and obtain more properties in less time, increase turnover of the property and obtain higher ROI's. 

Below is the scenario of a flip we did with one of our investors:

Property: 3 bedrooms / 2 bathrooms – Single Family Home

Purchase Price: $45,000.00

Renovation Costs: $40,000.00

Holding Costs (insurance, taxes, cost of cash): $1,200.00

Total Cost: $86,200.00


ARV (After Repair Value): $132,000

Closing Costs: $7,920



Profit Margin: $37,880.00

Since property needed a large degree of renovations, we (SBM Construction Co. and investor) agreed to split the ownership of the property (50/50). We put up half of the funds needed to purchase the property and investor paid other half of purchase price and the renovation costs.

The benefit for us was the ability to make a quick flip (4 months) pulling permits and all necessary documents for a legal flip, while creating work for our crews and making a profit at the end of the sale.

The benefit for the investor was the ability to keep renovation costs low since two other contractors gave estimates for over $80,000 for this property while we did it for $40,000 due to our interest on it. By working with us the investor made the deal possible. Otherwise, too much profit would go into the renovation making the deal not feasible.

After just 4.5 months we had a buyer and sold this marvelous remodeled home for a couple. Each party earned $18,940. Other words, 30.3% ROI in only 4.5 months! Usually, as a professional design and build company in Miami, FL the design-build service is broken down into various parts. These parts are usually as follows: Define scope of work, design project/concept drawings, budget/estimate creation, specialty expert selection, construction planning and project completion. We work closely with our clients to determine real world costs by the client and our design-build team assures the project design remains within budget and is completed on time. SBM Construction Co. is here to serve you.