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Everyone's panicking about the condo market. 100,000 pre-construction units in trouble. Values down 30%. And I'm sitting here with Simon Yan, who's been quietly renovating thousands of condos for 20 years, showing me a strategy that still prints money. He buys old, dilapidated condosโpink carpets, ugly wallpaper, stinky roomsโfor $350 per square foot. Puts $100 per square foot into renovations. Turns around and sells for $600 per square foot. That's $50Kโ$100K profit per flip. In this market. And here's the best part: he'll do the renovations for you. Find the deal. He'll underwrite it. His team renovates. You keep the profit. This is the underground tactic nobody's talking about. ๐ฅ KEY TAKEAWAYS: - THE MARKET IS SCARED. HE'S NOT. ๐ค โ 100,000 pre-construction condos in trouble. Values dropped 30%. Simon ignores all of it. Focuses on OLD buildings. That's where the money is. - OLD CONDOS = BIGGER UNITS ๐ โ 1970sโ80s condos are 2โ3x the size of new builds. 1,000โ1,600 sq ft vs. 600 sq ft "two-bedrooms" today. Renovate them. Now you have a massive, modern condo. That's the edge. - THE MATH IS SIMPLE ๐งฎ โ Buy at $350/sq ft. Put in $100/sq ft in renovations. Sell at $600/sq ft. Example: 1,400 sq ft condo bought for $350K, $80K in renos, sells for $580K+ = $100K+ profit. - YOU DON'T NEED TO BE A CONTRACTOR ๐จ โ Simon's company has renovated thousands of units for major REITs. 30-day timelines. He does the work. You bring the deal. He literally did one where the investor just bought the appliances and made $50K. - PINK CARPETS = OPPORTUNITY ๐ฏ โ The uglier the condo, the better. Pink carpets. Ugly wallpaper. Stinky rooms. Those are the deals. Nobody wants them. That's why they're cheap. - BIRD DOGGING FOR PROFIT ๐ฆ โ Find the deal. Bring it to Simon. He underwrites it. His team renovates. You sell. You keep the profit. It's that simple. - INVESTORS GROWTH SYNDICATE MEMBERS GET ACCESS ๐ค โ This isn't public. Simon only works with syndicate members. Join. Get his help. Start flipping. ๐ฅ HARD TRUTHS: - "Everyone ran to pre-construction. I ran to old buildings. Guess who's still making money?" ๐ข - "You don't need to know construction. You need to know how to spot a pink carpet." ๐จ - "$50Kโ$100K per flip. In this market. Stop crying. Start looking." ๐ฐ ๐ WANT SIMON TO HELP YOU FLIP A CONDO? Comment "TELL ME MORE" below. I'll send you the video. Watch it. Join the syndicate. Start bird dogging. (โ ๏ธ Warning: This is for investors who want actual cash flow, not theory. If you're scared of a down market, this will trigger you.) #CondoFlipping #RealEstateInvesting #UndergroundStrategy #InvestorsGrowthSyndicate #SimonYan #KenDunn #NoMoneyDown #PassiveIncome #TorontoRealEstate #CondosForSale #BirdDogging
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