W
hen renovating a property, whether for flipping, renting out long-term, or short-term rentals like Airbnb, the goal is to achieve a high-quality finish while meeting deadlines and staying within budget. However, this depends heavily on your renovation partners.

    Kimo Quance, CEO of YourHomeOffer, learned this lesson firsthand when he moved from San Diego to Middle Tennessee. As an agent, REALTOR, real estate investor, and owner of rental and Airbnb properties, Quance is organized and detail-oriented. He had a reliable team in California that could complete projects quickly, but when he arrived in Tennessee, he struggled to find trustworthy contractors.

    Quance's first renovation project in Thompson's Station was plagued by cost overruns and permit issues, with the structural essentials taking six months to complete. Despite paying tens of thousands of dollars, progress stalled, and Quance was fed up with the contractor's excuses. He asked for another referral, but things didn't improve.

    Fortunately, as a REALTOR, Quance had access to NAR REALTOR Benefits, which included 5% off BOSSCAT Home Services' turnkey repair and renovation services. BOSSCAT provided reliable, vetted contractors who helped Quance finish the project, including cosmetic work like kitchens, baths, and flooring.

    The difference was palpable, with Quance receiving daily progress updates through the BOSSCAT platform. After a few months of consistent work, the Thompson's Station house was finished to a high standard, and all permits were secured. Instead of selling, Quance listed it on Airbnb, expecting to recoup his investment dollars and excess costs.

    Quance's experience with BOSSCAT was so positive that he enlisted their help for another property, which was ready to sell soon after they started working on it. He plans to use BOSSCAT for every renovation from now on, trusting them to get the job done while he focuses on identifying new properties and managing his portfolio.

    Key figures on Quance's renovated properties in Tennessee include:

    * Pre-renovation purchase price: $240K

    * Cost of repairs and renovation using Bosscat Home Services: $106K

    * Post-renovation market value: $525K+

    * Return on investment: 169%

    Quance also renovated a second property, School Street, with the following results:

    * Pre-renovation purchase price: $366K

    * Cost of repairs and renovation using Bosscat Home Services: $36K

    * Post-renovation market value: $800K+

    * Return on investment: 1,106%