Make sure you verify all correct numbers for whatever deals you are putting together (arv, projected rents, and projected expenses).

Unless you get a dumb and renovate it yourself and put forced values and rent it out .....I have a very similar case like you, I am looking to invest in NJ but based on my research and calculation I will be on minus and zero cash flow.

After that, I did some serious renovations and invested another $5,000 (I do not calculate my time to make those renovations myself, but, anyway, it is a good starting point).

I’m a handyman and I work with a few rental properties and do some projects that range to the small stuff like hanging doors, repair trim and drywall to new flooring installs, painting, appliance repair, yard work and repairing your usual leaky faucet..The issue I’m having currently is I have just gotten into contact a couple days ago about a flooring job.

I've heard stories of "gurus" promoting courses on how to renovate and lease homes to housing choice voucher recipients and part of their sales pitch is higher loan leverage than market signed leases.

May be it's worth evaluating your existing portfolio to see if there are any underperforming assets to sell and reallocate the capital to new projects?

Many other variables come into play with updating windows, my experience has been that the windows themselves are the easy part; it's the management and planning of all the layers around them that make the project easy or hard, cost effective or expensive, efficient or time consuming.

FYI we've changed our approach entirely and have lower fee initial entry points to avoid the challenges of long term project based arrangements so we can catch issues much sooner.

I don't know whether to go ahead or not as it would take around 5 years to make up for that lost value even though the renovation will add to the total value of the building and land.

2) What interest rates should I expect for Fix & Flip, renovation, and BRRRR properties?