There is a ton of money being poured into rental townhomes and even larger apartment units recognizing this is a trend that will be persistent and rental supply geared towards this consumer will become increasingly necessary.

So you may actually be able to make more money with much less effort if you did convert this to a long term rental.I am very active in the market here in helping people from out of state buy and sell condos.

How much money is paid to GP’s for work done?

I care about having a flip history and building a relationship so I can get better terms on hard money.

I have a lot of personal experience with BRRRR—both from building my own rental portfolio here in Memphis, TN and from helping both local and out-of-state investors successfully scale their portfolios using this strategy.One of the biggest advantages I’ve been able to offer my clients is structuring deals with hard money lenders in a way that allows them to acquire properties with less than $10,000 out of pocket in most cases which results them in massive cash on cash returns!

They are just giving you excuses because the do not have the money to pay their rent. 

How can I pull that money out and use it to use for normal everyday life?

Of course we all want to make money and care for four families.

For example, a person can go to  a 10 —-13 week school for dental assistant… finish the course get a certificate and have an immediate job making somewhere around 43k plus.. yeah I know it’s not a ton of money, but it’s a good base especially for folks that don’t want to go to college.

Don’t fall into the trap of being lured by good-looking cash flow numbers—those properties can become money pits.To wrap this up, my advice to clients is simple: Don’t overlook a solid duplex while chasing the dream of a better triplex or quadplex.Good luck!