About a week after we fired them in the middle of their absolutely disastrous job, we discovered that they had pilfered all our booze while they were working here.There are so many alcoholics in the large Eastern-European immigrant community here in Pittsburgh...and so little use to be had from them!

Contracting is one giant headache and a huge pain in the *** regardless of how simple it cost effective a job may seem on paper.

Your #1 move at the start is make money and you can't afford to be screwed during the refi process and not get your money back cause then you are stuck in one property that doesn't even cash flow well and you have 0 dollars for deal #2.Small, fast projects, not giant profit margins, price to sell and make your 20k - 25k and keep it moving. 

IT might not....Second we did a 10 building complex 2 story builidngs, that had paint on the brick,, we sand blasted the paint off as much as we could.. the look of the exposed brick with partial paint on it had a old European look which is WOW really popular now.. the owner did copper clad trim on windows and copper color lighting to make it really look awesome.

I had a giant learning curve during these years .

Columbus has experienced significant growth in recent years, partly due to the influx of tech giants like Intel ($20 billion), Meta, Amazon, and Google establishing warehouses and data centers in the area.

And indeed - All of the big real estate investors giants use other people money they raise in the market to do their investments.If you choose correctly your investments and put the money on the right opportunities you shouldn't be afraid to leverage yourself.And I think BRRRR is like running a marathon - Indeed in the short term you immediate cash flow is getting lower, but in the longer term you can increase your equity dramatically.The question you should ask yourself how far you want to go.Eran

You just took a giant leap in the right direction; signing up on Bigger Pockets!

my name is melvin estrict and i live in alabama although i grew up on the east coast (go giants!)

Today banks are giant machines that bundle and sell billions of dollars worth of collateralized mortgages on the secondary market to hedge funds and institutional investors.