I have a property that doesn't align with the rest of our portfolio's strategy and we are ready to sell it.

You'll likely also reduce your cost of living by moving to a stabilized apartment.Depending on the cashflow and debt paydown, you can use this strategy until you've built enough equity to reinvest.On the other hand, getting into a multi-family after refinancing will also help you build substantial equity to rinse and repeat in the coming years.

But that's for another discussion.So in a roundabout way I was trying to get into the LA's commission, which I know isnt a popular strategy among Realtors.Thanks again all,TC

It's been an awesome strategy for us.

I know that I want to focus on LER with the brrr strategy. now my questions are:1. where to start?

However, co-living allows you to acquire properties with as little as 0%-5% down, drastically reducing the amount of cash required.Instead of needing $100K+ to buy a rental, a co-living strategy lets you start with a fraction of the cost while achieving higher returns.3.

Also know that building a home seldom goes as expected - I have relatives that just built a nicer house… they thought it would take 9 months… it literally took 18-24 months between delays in permitting and the builder just not being able to get it done in a timely manner - often due to sub-contractor issues.  

It’s always exciting to hear what strategies others are exploring.

Hey @Scott Vaeth,That 6% tax hit in South Carolina is definitely a big factor to account for in your BRRRR strategy.

THIS is one of the main issues with this type of sales strategy.