FenixU.S. Residential Real Estate Investment
We buy tired houses and turn them into homes.
Fenix Property Solutions acquires undervalued single-family homes in four American growth markets, renovates them to a modern, move-in-ready standard, and either returns them to the market or holds them as long-term rentals.
Invest. Improve. Inspire.
You have a house to sell
Inherited, tenanted, dated, or in need of more work than you want to take on. We buy as-is, with our own financing already arranged, and close on the date that suits you.
What we buy →You want to place capital
Private lenders, hard money partners, and investors looking for turnkey rental assets. Every deal is underwritten to fixed criteria before an offer is ever made.
How we underwrite →For Sellers
A straight sale, on your timeline.
Most of the homes we buy are not ready for the open market — and getting them there costs a seller time, money and patience they would rather not spend.
We buy directly from owners, and work through licensed local agents in every market, alongside wholesalers and selective auctions. If your property fits the profile below, the conversation is short: we look at it, we run the numbers against our acquisition criteria, and you get a straight answer.
- Property type
- Single-family residential
- Condition
- Distressed, dated, or deferred maintenance
- Common situations
- Inherited · tenanted · probate · relocation
- Condition of sale
- As-is — no repairs, no clear-out
- Sourced through
- Owners direct · licensed agents · wholesalers · auctions
- Markets
- Cleveland · Columbus · Indianapolis · Las Vegas · San Antonio
Sold as-is
We take the property in its current condition. Nothing to fix, clear out, or stage before we look at it.
You keep the agent fee
We buy directly. There is no listing period, no open houses, and no commission taken out of your proceeds.
Funding already arranged
Our lending relationships are established before we make an offer, so a sale is not waiting on a buyer's mortgage approval.
Close when it suits you
Fast when you need speed, later when you need time to move. The closing date is yours to set, not ours.
The Model
Every house we buy has two ways out.
A renovated Fenix property can be sold or kept as a rental. We decide which once the work is finished and the market has shown its hand — so we are never forced to sell into a bad week, and nobody dealing with us is dealing with a buyer whose plan depends on one outcome.
Returned to the market
The finished home is listed through a licensed local agent and priced to move — a move-in-ready house for a buyer who wanted one, rather than another fixer-upper on the market.
Kept as a rental
Where selling isn't the right call, the property stays in the portfolio under professional local management — well-maintained housing in a stable neighbourhood, and a long-term asset for us.
Funding
Money in place before the offer.
We work with established lending relationships that are arranged in advance of any purchase, not assembled after one. For a seller, that means a sale is not waiting on a buyer's mortgage approval. For a lending or investment partner, it means every project arrives with its financing already structured and its economics already tested against a harder market than the one we are in.
Operating Process
Four stages, run the same way every time.
Doing it the same way every time is what keeps quality and cost predictable. Each stage has a defined gate, and a deal that fails a gate does not move to the next one.
Deal sourcing
Opportunities come directly from owners, from local licensed agents, from wholesaler relationships and from selective auctions. Every property is measured against a fixed acquisition matrix before any offer is made.
Acquisition & financing
Approved deals are funded through established lending relationships. Terms and project economics are confirmed before closing, never afterwards.
Renovation execution
Vetted local contractors work to a standardized scope written before acquisition, paid against defined project milestones. Budget control and quality oversight run through the whole build.
Exit execution
The finished home is either listed for sale through a licensed agent, or kept and handed to a professional property manager. The market decides which.
Markets
Four markets, chosen against the same four tests.
We work in mid-tier secondary markets, where institutional competition is thinner and margins are more predictable than at the top or bottom of the market. Each city had to show population growth, affordable entry prices relative to national averages, stable rental occupancy, and a price-to-rent ratio that supports both a flip margin and rental cash flow. Additional markets are phased in as operational capacity grows.
Cleveland & Columbus
Cleveland for the clearest price-to-rent spread we see anywhere; Columbus for the employment and population growth behind it.
ActiveIndianapolis
Steady population growth, stable occupancy, and one of the most consistent mid-tier markets in the Midwest.
ActiveLas Vegas
Sustained in-migration and a deep retail buyer pool for renovated single-family homes.
ActiveSan Antonio
Employment-led growth and affordability relative to the larger Texas metros.
ActiveUnderwriting Discipline
The margin is protected before the deal is bought.
Risk is handled in the acquisition decision, not improvised during the build. These controls are part of the standard operating process on every project, not exceptions applied to difficult ones.
Cost overruns
Renovation scopes are defined before we buy, and every budget carries a contingency reserve from the outset.
Project delays
Contractors work to fixed timelines under penalty and incentive structures tied to on-schedule delivery.
Contractor dependency
Multiple vetted contractor relationships are maintained per market, selected on track record, references and demonstrated capacity.
Market downturns
Any project can be held as a rental instead of sold, so a weak resale window costs us time rather than capital.
Financing costs
Project economics are stress-tested against materially higher financing costs before we commit to a purchase.
Project oversight
Standardized reporting and project tracking on every build, backed by regular in-person site visits in each market.
The Company
Construction on one side, capital on the other.
Fenix Property Solutions was founded to put deep construction expertise and institutional-grade financial discipline on the same side of the table. Most operators in this space have one or the other. The combination is what lets us judge a renovation accurately at the point of offer, and structure the financing that carries it.
The business runs through a dedicated operating company in each market we work in — four today, with another added each time we move into a new city. It keeps risk separated market by market, the accounting clean, and the structure straightforward for a lender to underwrite.
Steve
Over 30 years of hands-on construction experience across project execution, team leadership and operational management. Two Red Seal journeyman certifications and two decades of industrial project coordination. He is the reason a renovation estimate written at the offer stage still holds at the end of the build.
Nicole
More than 15 years in corporate banking and over 20 years in risk management in senior leadership roles. She brings the investment analysis, financing structure and risk mitigation discipline that leveraged real estate demands in dynamic market conditions.
Contact
Start a conversation.
Tell us which side of the table you are on and we will come back to you directly.
- Selling a property
- Send the address and a sentence about its condition. No obligation, no listing agreement.
- Lending or investing
- We are glad to walk through the underwriting criteria and current pipeline.
- Agents & wholesalers
- If you have deal flow in our four markets, we would like to hear from you.
- snh0324@icloud.com
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