Hey @Denise Evans and everyone diving into the BRRRR world, you’re raising a crucial point about making sure every single penny is acounted for before signing on that dotted line.

It’s crucial to consult your lender, document everything, and seek advice from a real estate attorney or CPA to align with your long-term goals.Good luck!

**eForms**: They offer a comprehensive remodeling contract template that covers all essential aspects like payment terms, project timelines, and termination rights2.

You’ll find tools to analyze deals, connect with other investors, and get advice on pretty much every aspect of real estate.

hank you for the thoughtful question—it’s a crucial one to address.

These templates cover various aspects of subcontracting, including responsibilities, materials, and liabilities3.

Unless you can handle all aspects of the project yourself - I would hire a general contractor (GC) for the rehab project.

Managing money might not seem as exciting as closing deals, but it’s one of the most crucial aspects of running a successful real estate business.

You probably won't get distributions during hold.Syndications are generally tax-efficient, and Michael highlighted several key aspects.

The thing is, once you’ve proven you can deliver on a promise..whether that’s a strong return, a well-managed property, or even just a handshake that means something..people don’t forget it.You’ve hit on a crucial point: great returns aren’t just numbers on a sheet; they’re invitations.