General Landlording & Rental Properties
Market News & Data
General Info
Real Estate Strategies
Short-Term & Vacation Rental Discussions
presented by
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Tax, SDIRAs & Cost Segregation
presented by
1031 Exchanges
presented by
Real Estate Classifieds
Reviews & Feedback
Updated over 4 years ago,
Looking at first BRRRR property.
Hey BP,
I have a showing scheduled tomorrow for a property I am looking to BRRR. The property is a duplex currently being used as a boarding house for some of the less than ideal tenants. I am interested in the property because it is in the path of progress for our booming downtown, so the property in the long term should appreciate quite a bit. My numbers show about $200 a month in cashflow (not ideal, but willing to take it to get the experience and also my belief that it will appreciate). If anybody has any tips or tricks I should look out for I would really appreciate the insight! Thanks in advance.