They have made major sacrifices and in most instances they have sunk fortunes into their portfolio to pay down the debt. 

Plus macroeconomics here in Columbus is booming right now because of developments from Intel, Meta, Amazon, Honda, and lots of major companies building out here.

Platforms like Avail can help if you prefer to self-manage but still require time for repairs.Tax-wise, repair costs may be deductible immediately, while major improvements must be depreciated over 27.5 years.

You will be accessing a majority of that equity without having to pay transaction costs.

I know this is not all owners, but a majority fall into this camp.

Right now, the majority of lenders are hitting DSCR loans hard, which is a strong indicator that the BRRRR method is still going strong, even in a higher-rate environment.We always say, “Date the rate, marry the property,” meaning interest rates will fluctuate, but the right deal will always make sense long-term.

Maybe the exception is pro-sports, but even Frisco has minor league baseball, hockey, and major league soccer.   

The only major difference is usually prepayment penalties and maybe some obscure, unusual loan terms in certain cases. 

I do not recommend someone who has never owned real estate to do a fix and flip as real estate is challenging and cost prohibitive, I recommend if never owning real estate to start with an asset that does not need major repairs. 

Additionally, the majority of the price is refunded if you invest with RTR.