To use the BRRRR method, target 2-4 unit properties, look for emerging neighborhoods, network with local contractors, factor in property taxes, and work with an investor-friendly agent.Good luck!

Phoenix has emerged from the pandemic as one of America’s eviction capitals.

I have seen doors swing wide open and shadowy-figures emerging from the darkness.

Has anyone identified an emerging market where you can BRRRR while cash flowing on S8 rentals?

I will have enough reserves to cover the holding costs as well as some left over as emergency funds for the property.

While always having at least 6 months of expenses for each property in an emergency fund that maybe is invested in mutual funds or something liquid. 

Do you perform regular preventative maintenance to avoid emergencies or are you more reactive?

You should have someone local who can drive by to check on the property, respond to emergencies, conduct regular inspections, etc.

Hello and thank you for this reply - yes, I have been analyzing a few properties - I have found that the main issue for both the traditional long term rental and also short term rental in this area is reliable property management - it is traditionally a cottage country tourist area, but it is becoming more popular for long term residency, and there is an emerging missing middle, because of property prices.

To get that you need to be preparing the suit, getting the bond and filing the necessary pleadings for an emergency hearing during the same window of time that the recipient is thinking about how to hide or spend the money.