If you turn any two "bonus rooms" (rec room, office, formal dining room) into two more bedrooms, then you're at $5,950+ per month—a 138% increase in rental income.Now, imagine scaling this across multiple properties while keeping lower upfront costs compared to multifamily properties.

BRRRR also assumes you nail the rehab and refinance steps, which can trip up newbies if costs or appraisals don’t align.

Have reserves for vacancies, repairs, and closing costs.

Now you know, you need to send out 5,000 postcards to get those five deals..You will know the cost of acquiring a customer/property after all this..

Hi @Elias Halvorson,Both markets offer lower costs of entry and opportunities for cash flow.

TIC offers lower entry costs and flexibility but comes with shared risks and complexities.

My accountant wants me to start doing this in the event of an audit being I’m starting larger projects and will be implementing cost segregation Thanks

Many contracts have a mediation clause and there are costs and time involved with reaching a resolution.

To be brutally honest i don't care if it's at cost, below or above, I only care what it is exactly and how much. 

For the high cost areas like Palo Alto it is difficult to get a property to cashflow out the gate because rents have not caught up with the cost.