BRRRR - Buy, Rehab, Rent, Refinance, Repeat
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Updated about 5 years ago,
Brrr in Philadelphia
Hello there , I'm new Real estate investor and only have 3 doors so far. I'm looking to expand my portfolio and want to try BRRRR in Philadelphia area. I see a few properties that make sense to get and spend little in renovations . my questions are:
1. how do I know I would be able to get a rent I’m looking for ? And how long will it take to find a tenant ? ( so far using comps listed on Zillow rentals )
2. How do I know I would be able to get appraisal value I’m aiming for ? Zillow recently sold ?