If you've never renovated anything, it's silly to think you can just buy a home, flip it, and do well in this environment.

You have understand each community, culture, environment and how to screen for the right tenant.

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."

Good lesson on what not to do in rising interest rate environment.

Not easy to do, not in a heavily regulated environment. 

I would also go to a local group if possible, BRRRR is tough in this... interesting rate environment. 

Join us for the NWA BP meet up 6pm Nov 13 at the courtyard Marriot in Fayetteville off Van Ashe.Relaxed mixer style environment where you can meet investors, agents, and contractors.A lot deals come out of building relationships here.Hope to see you there.

We live in a very different environment now. 

We specialize in working with REO, real estate agents & brokers, institutional & private investors, and homeowners, offering solutions that meet the unique needs of each project.At Nuovo, our core values are at the heart of everything we do:Vulnerability: We maintain open lines of communication, ensuring transparency throughout every project.Integrity: We approach every task with honesty and a commitment to doing the right thing.Innovation: We constantly seek new ways to improve processes and outcomes.Adaptability: We embrace change and are always ready to adjust to meet client needs.We believe in creating a fun, open, and trusting environment, both within our team and in our client relationships.

There are spores I the environment all around us.