@Robert Hewitt you may want to speak with @Denise Supplee @ Sparks about this.

Investment Info:Single-family residence renovation investment.Purchase price: $80,000Cash invested: $55,000Sale price: $374,900Contributors:Peter VekselmanPartner Driven partnered with Jason Arguelles to renovate and transform a distressed home on Republic St in New Orleans, Louisiana.

I come from a design background, so I love the transformation side of real estate just as much as the numbers.I joined to learn from experienced investors, share what I learn along the way, and connect with others who are experienced and willing to connect.

had a terrible experience with a guy named ernie inzunza (works at Pancho's upholstery). anyways, i met a guy named glen who would eventually stay in one of my units (I live in cali) and help me transform my 4 unit complex. it had fallen out of escrow twice but finally sold at a price that i never thought id get. glen added about $60K worth of value for less than $15k. i paid him next to nothing and he was able to bring this property to life. $15k may seem like a fair price, but that's $15K for 5.5 months of working EVERY DAY (yes, that's how much work these units needed).

I have Spark (business equivalent of Venture) I use primarily for all of my business expenses and I have Venture as my default personal card. 

Adaptive Reuse Becomes a Core Investment StrategyOne of the most transformative trends of 2025 was the explosion of adaptive reuse projects, especially office-to-residential conversions.70,700 apartment units were delivered from former office buildings — a record and nearly triple 2022 levelsRoughly 25,000 total apartments were created through adaptive reuse in 2025Conversions included former hotels, schools, warehouses, and industrial assetsPerhaps most telling office conversions now represent 42% of all future adaptive reuse projects in the pipeline.

Midtown Manhattan, in particular, has seen record rents in several high-quality buildings—an encouraging signal that tenants are returning to premium space.What is driving this shift is not just a return to the office, but a transformation in what tenants expect.

That experience has been great overall and really sparked our interest in continuing to invest in real estate.Our plan is to use my VA loan to purchase our next primary residence and continue building from there.

I would say that multifamily investing sparks the biggest interest currently, and building a network that allows me to excel that route is my top priority. 

It's incredibly fulfilling to witness the transformation and see our investments thrive.With my all-star team taking care of the nitty-gritty underwriting and property management, I get to focus on the big picture.