It creates a great first impression and you can delay the backyard until cash flow improves.2.

Let's keep this discussion going to help others improve their strategies too.Best, Drago

Never consider Milwaukee, but I have heard other investors I follow on YouTube mention it.

You want to let them know that these repairs are to improve their living conditions.

REI offers steady cash flow, appreciation, and tax benefits, while business acquisitions, similar to the BRRRR method, can provide higher returns through operational improvements but carry more risk and require hands-on management.

With $1,050,000 cash invested and a purchase price of $950,000, you likely have significant improvements made to the property.If you're considering scaling this strategy or need advice on financing future acquisitions, feel free to reach out.

-The large Capital improvement to the property greatly increases the basis for which you are able to depreciate the property.

Framing the idea as a way to preserve and improve the family property (rather than focusing on personal gain) might help avoid misunderstandings.

I’m excited to hear how the project turns out, and if you need any advice on financing for future flips or strategies to improve cash flow, feel free to reach out.

You would want to go back through your records and find your purchase price, your closings costs, and any improvements.