Rental properties have the potential to produce passive income over time with prudent planning and management.Syndications or Partnerships: To pool resources and participate in larger buildings or projects, think about joining real estate syndications or forming partnerships with other investors.

You need a Renovation Builders Risk policy.  

Another strategy but it’s something I’d be very careful with because I’ve heard of a lot of people being taken advantage of by unscrupulous contractors is to find a very low cost of entry location, think $5,000-$30,000 single family houses that need renovations and then rent them out.

AIRDNA: As is (1bed/1 bath): Projected Revenue $50k/year, Net Operating Income $24k/yearPost rehab/rebuild (3 bed/2 bath): Projected Revenue $120k/year, Net Operating Income $76k/yearZillow Rent Estimate:As is (1 bed/1 bath): $2,900/monthProjected rent based on comps in area: $6,500/month We would also more than likely include an ADU in the new build.

If you aren’t seeking renovation loans and just buying turn key ready properties DSCR loans will be your best friend 

Hi all, do you have any recommendations for insurance companies that provide policies for fix and flip projects in Ohio?

I've got a couple of small flips under my belt but am trying to get into bigger projects and maybe development.

Can someone give me an example of a house that needs to be renovated for $100,000 with numbers for fix and flip and for fix and rent?

Connecting with a lender that can run numbers for projected mortgage payment vs  market rents in relation to the area you're looking into would be a good first step! 

Generally, for the optimal refinance, these are top of mind for BRRRR strategy investors:Return of capital: The key “secret sauce” of the BRRRR method is to build portfolios using the same capital over and over—which relies on getting your basis (or more) back on the refinance, where basis refers to the money you invested in the property (down payment and cash used for renovations).Speed: Refinance lenders use the term “seasoning” to refer to the amount of time (typically in months) between the purchase of the property and the refinance.