It’s also helpful to build a small network of trusted vendors and tradespeople you can rely on for future projects.The BRRRR strategy can be a great way to scale, but I’d advise budgeting some extra cushion for unexpected costs or delays—it’s almost inevitable.

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It’s astounding how many fake documents are circulating today—you can find everything from fake references and stolen Social Security numbers to falsified income documents.To combat this, we rely on tools like Plaid, Verifast, and Snappt, which are excellent for verifying financial information and detecting fraudulent activity.

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The information contained in this post is not to be relied upon.

And while nothing is foolproof the most consistent method of finding good vendors is relying on OTHER real estate investors that have worked with those vendors.

@Nicholas i would rely on Property Manangement Company, have done it before when i bought a property in Indianapolis while i was in Oregon.

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The investors who succeed now will be the ones who adjust their strategies to current conditions rather than relying on what worked during the last bull market.

Airdna is a good resource and tool, but I wouldn't rely solely on that platform for data.