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21 January 2025 | 4 replies
You can save a lot on costs if you do many repairs yourself.Look into hard money lenders or private lenders for the initial purchase and rehab.Connect with wholesalers, agents specializing in investment properties, and other BRRRR investors to find deals and learn more.
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15 January 2025 | 8 replies
They have perfected putting their head into the sand post cards are tossed, phone calls hung up on.
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22 January 2025 | 9 replies
Roof repairs, broken this, broken that.
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21 January 2025 | 14 replies
They want to pick up the phone and call or text and get an instant response from their cleaners.
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21 January 2025 | 2 replies
I would suggest getting another full-time job for the time being and investing/doing STR on the side until you can fully and comfortably replace the income that you would be receiving from your job.Is your LTR in need of repair?
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16 January 2025 | 6 replies
Assume break even cash flow while rented which includes a generous $600/mo repair fund.
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15 January 2025 | 1 reply
I would get on the phone with a local lender through a local bank.
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17 January 2025 | 19 replies
The good subs in your area will likely have plenty of work already and may not even return phone calls.
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21 January 2025 | 3 replies
., plumbing, window replacements, and sheetrock repairs), but it still needs work to get the vacant units ready to rent.It’s located in a neighborhood with a higher crime rate but also near major highways and areas with rental demand (e.g., downtown Fort Worth and Texas Christian University).My Goal:I’m focused on cash flow, and this property seems like it could work if I can stabilize it.
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17 January 2025 | 6 replies
@Tiffani HollisFor a long-term rental, I’d avoid used dishwashers entirely—repair costs and reliability issues often outweigh the savings.