Like any financing strategy, due diligence and proper financial planning are key to making it a successful solution for both parties. 

Purchase price: $220,000 Cash invested: $220,000 Sale price: $250,000 Deal Overview: 7 N Harvard Ave, Tulsa, OKProperty Type: Commercial (formerly a bakery & cannabis dispensary, potential multifamily conversion)Condition: Needs rehabPurchase Price: $220KInvestment Strategy: Flip, Rental, BRRRR7 N Harvard Ave is a unique commercial property in Tulsa, formerly a bakery and cannabis dispensary, now a strong flip, rental, or BRRRR opportunity.

That experience made me realize I want to dive deeper into this space.Right now, I’m in the research phase—figuring out locations, property types, and strategies while working on funding and budgeting.

So the exit strategy is the same with both options.

Here is a newly created resource on BiggerPockets, which touches out cost segregation, accelerated depreciation, bonus depreciation, depreciation recapture, Real Estate Professional Status (REPS), STR Loophole / STR Strategy, example properties, and more.Cost Segregation 101 Author: Sean GrahamHappy to answer questions :)

This strategy aligns well with the buy-and-hold model.Leverage Local Expertise: Partner with professionals like real estate agents familiar with rental markets and property managers who understand tenant needs.

Insurance liability, I personally know 2 families that lost their children in home pools.

I have been investing here for years and I focus on the BRRRR strategy.

Looking my insurance policy it mentions that I can opt for settlement under Actual Cash Value vs Replacement Cost. 

It is our goal to provide all the tools, resources, education & coaching any individual needs to learn how to build a sustainable investment portfolio to achieve financial independence & generational wealth through real estate investing.It should be noted, that while the Academy is not a requirement to invest with RTR, the individuals that do join the Academy are much more successful long term since they have spent time to clearly develop their own individual investment strategy & plan!