Happy ThursdayAs a lender one of the biggest hiccups in the flow of funding a loan and financing the rehab is the Rehab Budget and Supporting Documents.Growing up, I remember my Dad writing all of his renovations on the back of an old receipt with a thick, rectangular pencil... although not the prettiest rehab plan, it worked for him!

Happy ThursdayAs a lender one of the biggest hiccups in the flow of funding a loan and financing the rehab is the Rehab Budget and Supporting Documents.Growing up, I remember my Dad writing all of his renovations on the back of an old receipt with a thick, rectangular pencil... although not the prettiest rehab plan, it worked for him!

It is important to know that we are all professional investors ourselves actually investing right along side our investors. 

NOI is roughly 8k per yearMy idea was that property values are so high right now that finding another property for the right price would be difficult: that alongside the long-term appreciation value for a waterfront property.  

The idea is that we would all help with the remodel alongside the contractors, I would manage the property, GC the property, and I have already closed the deal on the property.

And I don't know what Vegas you are looking at but everything I see today is that Vegas was moving more towards being a family-friendly place, along side the traditional adult get away.

I bought this alongside the other, so same story as the last... as early as 12 perhaps, my mother - who is a Korean-American immigrant - engrained in me two defining principles that have literally guided me to the here-and-now:1 - Invest in real estate2 - Work for yourselfSo that's what I decided to do at age 20 as a college-undergrad who didn't feel as if the traditional path of Bachelors Degree - graduate - Masters Degree - graduate - 9-to-5 until retirement was the route for me.

It is a BRRRR property and actually going pretty smoothly despite one hiccup.

My name is Kelsey and I am just beginning my journey in the real estate business alongside my husband Michael.

I am self-employed in a stable career that should not have any major hiccups, but who knows what the future will hold.