Replicate easily replicatable business models.

If you need to scale, you need to replicate it fast with good formula.

Investment Info:

Large multi-family (5+ units) buy & hold investment in Fresno.

Purchase price: $1,000,000

Cash invested: $300,000

18 unit multi-family. Each unit is 2 bed 2 baths with a garage....

Is the wood side paneling real wood or some kind of plastic replicate?

Had I tried to replicate the door we ended up with it would have been about 2x the total cost just to buy from Lowes.Things that did not go well:- I don't believe there is such thing as a quality drywaller in the area.

I think my process is pretty easy to replicate in any market, so it's definitely something that could be useful as you start looking into markets.Best of luck! 

As agents, we see a steady stream of first-time homebuyers in Denver and Colorado Springs who have no experience with renovations who want to replicate their favorite HGTV show. 

If you can replicate that deal with a ADU I'd 100% recommend going that route for sure.  

hard to sayI'll tell you this, you're in this house for more than I'm in any of mine that rent for the same amount....Ask yourself how easily you can replicate this property, the easier you can replace it the more you should lean towards flip, the more limited inventory is the more you should lean towards hold. 

Make the first one an easy one and you're more likely to replicate it -- whether in Denver or elsewhere.Yes, ideally, you'd cash flow.