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Creative Real Estate Investing: Renovating Distressed Homes With Integrity

Creative Real Estate Investing: Renovating Distressed Homes With Integrity

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What does it take to turn a neglected property into a home someone can be proud to buy?In this episode of Real Estate Connections, Mary Foerster sits down with Suzanne Sharkey, a fourth generation real estate investor and developer who buys and renovates homes throughout North Shore Massachusetts, Southern New Hampshire, and Rhode Island.Suzanne is the founder of Creative Elite and specializes in complex real estate situations, distressed properties, creative acquisitions, and thoughtful renovations. Her work focuses on breathing life back into neglected spaces while building a network of high-integrity professionals who believe they can do more together.Suzanne shares how real estate runs through her family tree, beginning with a grandmother whose investments helped shape Suzanne’s understanding of property, security, opportunity, and legacy. She also talks about her mother’s career in real estate and how watching her serve clients helped Suzanne understand both the beauty and the difficulty of this work.Mary and Suzanne discuss Suzanne’s current renovation project in Nashua, New Hampshire, and the real-world decisions that come with renovating a home well: permits, contractors, tile choices, cabinets, budget limits, quality materials, and the concept Suzanne calls “affordable luxury.”This conversation also explores creative finance, subject-to transactions, foreclosures, auctions, hard money, family lending, and the unconventional real estate deals that do not always fit inside the traditional MLS box. Suzanne explains why she is drawn to complicated situations and why distressed sellers often need customized solutions rather than a one-size-fits-all approach.At its heart, this episode is about integrity, relationships, problem-solving, and the belief that real estate can be both profitable and deeply human.What You Will HearHow Suzanne became a fourth generation real estate investorThe role Suzanne’s grandmother played in shaping her real estate mindsetHow Suzanne’s mother influenced her understanding of service and clientsWhy traditional real estate roles did not fully fit Suzanne’s personalityWhat creative finance means in Suzanne’s workWhy distressed properties often require customized solutionsHow foreclosures, auctions, and off-market opportunities differ from traditional MLS listingsWhy Suzanne is drawn to complicated real estate problemsThe story behind Suzanne’s Nashua renovation projectWhat “affordable luxury” means in a renovationWhy material choices matter when renovating a homeHow to compare contractor quotes intelligentlyWhy the lowest bid is not always the best choiceHow Facebook contractor groups help Suzanne find qualified tradespeopleWhy Suzanne believes in ripping out work and doing it right when something is wrongHow family support helped her finish a difficult projectWhy relationships matter in real estate entrepreneurshipHow community helps investors avoid isolationGUEST BIOSuzanne Sharkey is a fourth generation real estate investor and developer who buys and renovates homes throughout North Shore Massachusetts, Southern New Hampshire, and Rhode Island.As the founder of Creative Elite, Suzanne specializes in untangling complex real estate situations, creatively buying distressed properties, and breathing life into neglected spaces. Her work includes unconventional acquisitions, foreclosures, auctions, creative finance opportunities, and renovation projects that require thoughtful problem-solving.Suzanne describes her renovation style as “affordable luxury,” choosing quality materials and finishes that elevate a home while remaining within reach for real buyers. She is passionate about making real estate more approachable by sharing her experiences openly, fostering a network of high-integrity friends and professionals, and helping people do more together.In this conversation, Suzanne shares how her family legacy in real estate, her love of problem-solving, and her belief in connection have shaped the way she invests, renovates, and builds community.GUEST LINKSInstagram: https://www.instagram.com/suzanneksharkeySend us Fan MailThis episode is intended for informational purposes only and does not constitute financial or investment advice.
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