With BRRRR you typically need to buy a house that needs a LOT of work because you need to get it cheap enough and do a large enough rehab to increase the value WELL ABOVE what you have invested into it.

Quote from @Gregory Schwartz: I just read this article from Redfin (Housing Market Predictions for 2025) that predicts mortgage rates will stay at 6.85% in 2025.That seems like one of the few predictions saying rates will stay that high.

Homes that appeal to our target tenant segment range from $350,000 to $475,000, so the supply of housing we target remains almost the same regardless of how many new homes are built.DemandPopulation growth drives housing demand and price and rent increases.

And they wonder why there isn't enough housing in these blue states. 

Do you have any experience with an in house pool? 

Since I bought this house during Covid, equity has dramatically gone up.

What else is there to do on the house?

Go to Omaha and Sioux city tomorrow for inspections and client meets. 3. close new loan with my bank unsecured ( those babys can be tough to get).4. get my mind ready for 9 grandkids at the house this is the toughest one :)  Patience 5. firm up goals for 25 solidify my new clients that I have gotten in Q 4 24.

Quote from @Max Fefer: Hi Paul,I'm working on an SB-9 lot split project at my house in Richmond (East Bay).

@Justin Jefferson-start with a house hack-read up on how to house hack-call a lender and ask about owner occupant loans for small multifamily