It became difficult, if not impossible, to repeat the process without severely damaging your profits.The Rise of BRR"R"RR 2.0In this new environment, I modified my BRRRR stategey to what I call BRR"R"RR—where the additional "R" stands for "Rate Drop."

@Isla ArshadYou could charge a non-refundable pet fee upfront and then charge an additional monthly fee.

Happy to answer any additional questions. 

With your extensive background in appraisals and commercial real estate, you're a fantastic addition to the community.

The price is posted, and it's the same with almost every other business.I would go online and do a rent comp analysis on what current market rents for your type unit are getting, and if you're afraid of losing them, then you can give them a discount.If a tenant has a larger space, more amenities, a parking space, then you can add additional rent.

In addition to the management fee and interest, you may encounter several other costs when securing a private loan.

There is also a long list of additional resources, abilities, networking, training, person shaping it unlocks that I personally believe is unmatched anywhere. 

Let me know if you have any additional questions!

Another important thing not mentioned is that you need to list your lender as "additional insured" on your insurance policy. 

Perhaps hire the PM as a second set of eyes for quality control but that should be in addition to the GC you should hire from day one.