Fix and Hold is a long-term investment strategy that involves purchasing distressed properties, renovating them, and holding them for a period of time before selling them. This strategy is often used by investors who are looking for stable returns and are willing to wait for the value of their investments to grow.
Investor Profile: Susan, 38 Years Old, Freelancer
Initial Investment: Susan, along with other investors, purchased an undervalued apartment complex. The property had immense potential for a value boost through strategic upgrades.
Details: Pie Assets coordinated renovations, including updating shared areas, modernizing units, and improving the building's exterior. These enhancements quickly increased the property's market value. Post-renovation, the apartments were rented out, generating a steady stream of rental income. Susan received her share of the rental income, providing a reliable supplement to her freelance earnings.
Outcome: Over several years, the property appreciated in value. Susan benefited from both the immediate rental income and the long-term value increase, securing her financial future.
Investor Profile: James and Linda, 45 and 47 Years Old, Business Owners
Initial Investment: Along with a group of investors, they acquired multiple undervalued properties: a suburban family home and a small commercial building. Both properties needed substantial updates.
Details: Pie Assets facilitated comprehensive renovations for both properties, including structural repairs and modernizing interiors. These renovations significantly increased the market value of the properties. Post-renovation, both properties were rented out, providing James and Linda with a steady rental income. The diversified nature of their investments helped mitigate risks and maximize returns.
Outcome: Over time, both properties continued to appreciate. James and Linda benefited from the ongoing rental income and the long-term appreciation, helping them achieve their financial and business goals.
