How This Landlord Flipped a Distressed Property into a 28 Percent CoC Return

In this episode, Lucas and Luna break down the specific strategy one investor used to turn a neglected duplex in Cleveland into a 28 percent cash-on-cash return. They walk through the numbers: the purchase price of $87,000, the $42,000 in forced appreciation through cosmetic renovations, the new rents that hit $1,800 per month, and how the investor kept the all-in cost low enough to pull out 95 percent of the capital after refinancing. They also cover the risks that could have blown up the deal—tenant turnover in a soft market, a surprise roof repair, and the trap of over-improving for the neighborhood. Listeners will learn how to evaluate distressed properties without getting overconfident, and why the cash-on-cash metric matters more than total return for long-term investors. This episode ties directly into the BRRRR method discussed in episode twelve but focuses on the specific execution and pitfalls of buying a truly distressed asset. #RealEstateInvesting #DistressedProperties #CashOnCashReturn #BRRRRMethod #ClevelandRealEstate #ForcedAppreciation #RentalIncome #PropertyRenovation #RealEstateNumbers #LandlordTips #Finance #WealthBuilding #RealEstateStrategy #MultiFamily #Refinance #TenantTurnover #FexingoBusiness #BusinessPodcast Keep every episode free: buymeacoffee.com/fexingo