Is the BRRRR Strategy Successful When Rehab is Contracted Out?

[Natalie Sologic]

My husband and I are looking for our first investment property in the Northern Kentucky/Cincinnati area. We both work full time and have 2 small kids. I was looking for feedback in using the BRRRR strategy, successfully, when contracting out the Rehab piece. Is it possible to have positive cash flow and appreciate decently by doing this? I know a lot of money is saved by doing the rehab yourself, but it's just not something we are able to do at this time.

[Whitney Hutten]

@Natalie Sologic Yes! But you have to bake it all into the numbers. I've swung the hammer only on 1 of my BRRRR properties... all of the others, I hired it out. The contractor can do it quicker, better, and most likely less expensive than I can (my drywalls suck!). I encourage you to think of your rentals as a business owner and treat them as such.