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24 January 2025 | 0 replies
The BRRRR strategy is a systematic approach to real estate investing that revolves around five key steps:Buy: Purchase a property, often below market value, that has potential for appreciation and improvement.Rehab: Renovate the property to increase its value, make it livable, and improve its rental potential.Rent: Find reliable tenants who will pay rent, allowing you to generate consistent cash flow.Refinance: After the property is rehabbed and rented, refinance it to pull out the equity you’ve built through the renovation.Repeat: Use the cash obtained from refinancing to fund your next investment property, starting the cycle again.Step-by-Step Breakdown of the BRRRR MethodLet’s take a closer look at each stage of the BRRRR strategy to see how it works in practice.1.
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21 January 2025 | 5 replies
well if I ever make it to the Smokies to see what the draw is I will rent a condo then :) I am just guess but I suspect folks that go there want to be in the woods and hear the birds and maybe some local mtn views etc.. or some sort of privacy they never get at home out east were there is not very much public lands close to where they live in the big city. ????
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3 January 2025 | 2 replies
@Martin StreichPlease go to your profile page https://www.biggerpockets.com/users/msresolutions and click on your photo to update it.
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6 February 2025 | 17 replies
Here is a list of states divided into three categories, based on my internet research.
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30 January 2025 | 12 replies
Please text me with the number on my signature line and can walk you through my configuration.
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3 February 2025 | 8 replies
You can search this by clicking on the magnifying glass in the upper corner of the screen as it’s asked literally monthly if not weekly.
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30 January 2025 | 5 replies
For items not available before the SoE and hitting the market after the SoE, you can raise prices a max of 50%.
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5 February 2025 | 6 replies
Here are a few suggestions on how you can maximize the wealth of information available: Check out the blogs and podcasts, or take advantage of the search feature (magnifying glass).
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6 January 2025 | 5 replies
@Olivia Melikian Finding the right agent to work with is important.
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21 January 2025 | 4 replies
Hey @Isaiah Cortez, here are the deets on STRs via the city - https://www.fortlauderdale.gov/government/departments-a-h/de...I don't have any real insights on the area, but do a search and you will find some details.