Capitalize renovation costs to increase the property’s basis and reduce future taxable gains.

*Energy Efficiency – Given the hot climate, buyers in Phoenix look out for energy-efficient upgrades like new windows, insulation and solar panels.ABSOLVING COSTS & POTENTIAL PROFITSBefore you put down your money for a fix-and-flip, it’s important to run the numbers on all the costs, including:*Purchase Price — The amount of money paid to acquire the property.

Here’s a quick overview of potential pros and cons, along with general advice on working with hard money lenders like them.Pros:Flexible Financing Options: Rehab Financial Group often specializes in real estate investing and provides hard money loans for BRRRR deals, which may be a good match for your needs.Quick Funding: Hard money lenders like Rehab Financial can sometimes offer quicker access to funds compared to traditional banks, which is important for BRRRR investors looking to move fast on properties.Cons:Higher Interest Rates: Hard money lenders usually charge higher interest rates than traditional financing sources.

Thank you Jaron..really do appreciate the guidance and candor…I am probably not articulating the finer points well…my daughters are actually only the tennets…they are not involved in any of the potential decisions I am considering.  

Over the years every single time I went over his house to hang out we would talk about money, investing and the future we were building.

I'm doing research for a potential Air BnB property in the Covington area.

Would the potential cash flow of the ADU have an impact on the value of the property?  

You can still find positive cash flow (aka the 1% rule) and amazing appreciation potential.

The tax lien is $37k, I figured the terms we very generous but with it being my first deal, I wanted to make sure it was a worthwhile endeavor for a potential partner investor. 

Consider the property prices, potential for appreciation, and long-term rental demand in both areas.