High-Return Transformation on Republic St

[Julie Muse]

Investment Info:

Single-family residence renovation investment.

Purchase price: $80,000
Cash invested: $55,000
Sale price: $374,900

Contributors:
Peter Vekselman

Partner Driven partnered with Jason Arguelles to renovate and transform a distressed home on Republic St in New Orleans, Louisiana. Purchased for $80,000 and improved with $55,000 in strategic renovations, the property was later sold for an impressive $374,900. This deal proves how the right upgrades and strong execution can produce exceptional returns in competitive markets.

What made you interested in investing in this type of deal?

This property had strong potential thanks to its location and structure. With buyer demand increasing in this neighborhood and a large margin available after repairs, it was a perfect fit for a full renovation. The condition made it ideal for improvements that would significantly raise its value and appeal to the local market.

How did you find this deal and how did you negotiate it?

Jason sourced the property through local connections and recognized the opportunity quickly. The seller wanted a fast, as-is closing, which opened the door to favorable negotiation. By moving decisively and presenting clear terms, Jason secured the contract before other investors could step in, allowing the project to move forward smoothly.

How did you finance this deal?

Partner Driven covered 100% of the funding, including the $80,000 purchase and the $55,000 renovation budget. With full financial support in place, Jason was able to focus on managing the rehab and preparing the home for resale. This structure minimized risk and maximized the potential profit of the project.

How did you add value to the deal?

The home received a full transformation including updated flooring, remodeled kitchen and bathrooms, fresh paint, improved lighting, and exterior enhancements that elevated curb appeal. Every upgrade was selected to match New Orleans buyer expectations and highlight the property’s best features, greatly increasing its market desirability.

What was the outcome?

After renovations, the property sold for $374,900, producing a significant profit after expenses. The strong resale price validated the renovation plan and showed how well-designed improvements can elevate property value. It became one of the standout successes in the portfolio due to its high return.

Lessons learned? Challenges?

The project came with typical renovation challenges—unexpected issues in an older home, shifting timelines, and contractor coordination. Jason stayed adaptable and focused throughout. The key lesson: with solid planning, strong funding, and consistent oversight, even major rehab projects can lead to exceptional results.