Hitting these targets could be the key to unlocking lasting investment returns.Before diving in, developers need to complete pre-submittal steps, including issuing a "Notice of Intent."

here are just a few:-interest rates and prices both remain high. this has really hurt cash flow across the board.

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.

The key takeaway: knowing when to rehab and when to resell as-is is crucial for maximizing returns.

I'm from Toledo and know most of the turnkey guys. just make sure to buy later than 1950. don't get the knob and tube and plaster and lathe and cast iron sewer lines. understand that most markets that do turn key or section 8 are going to never appreciate like Cleveland or Toledo or tertiary markets like Akron or Cleveland.

Here is the key: Don't pay for anything until it's done to your standard.

The eviction process can be lengthy, costly, and may result in getting the property back in poor condition.To avoid this, you might consider offering a "cash for keys" arrangement.

As someone who has served on a permitting board, I can tell you that a good relationship goes a long ways.

@Sakshum Kulshrestha The key to the rental license in Philadelphia is ensuring the properties zoning allows the use.

And of course, getting financing squared away is key so you know your price range, which will help narrow down locations and strategies.