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27 July 2021 | 11 replies
Sounds like a debt fund versus an equity fund, which are the more traditional method but be interested in seeing how it is structured.
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14 July 2021 | 6 replies
I’m specifically interested in the BRRRR method as I have some capital but not enough to purchase and rehab a property on my own.
15 July 2021 | 7 replies
It has been vandalized and so the plumbing has been ripped out.
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13 July 2021 | 0 replies
BRRRR method is king in the rental space and I continue to provide deal after deal exceptional returns on distressed deals.
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15 July 2021 | 21 replies
In addition, they have ripple effects on other fixes throughout the structure including plumbing, drywall, doorways, etc.
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14 July 2021 | 3 replies
This will help you get a better idea of what tile, hardwood, carpet, plumbing fixtures and light fixtures costs for your rehabs.#3 Contact Local Contractors for Labor Pricing / Hire a GC to ConsultCall local Subcontractors and get budget pricing for common repairs on your typical rehab project.For example, call a roofer and ask what their average cost per Square of Architectural Asphalt Shingle Roofing would be on a 1,500 sf house, with a 6/12 pitch.Note: Some contractors will be reluctant to share pricing without seeing the property, but tell them you are just looking for a rough budget number you can use on future projects.You can also pay a General Contractor a consulting fee of a couple of hundred dollars (per house) to walkthrough a few properties with you and provide a detailed estimate of prices that you can use as your 'menu for future projects.#4 Compile Your Prices into a Spreadsheet or Estimating SoftwareOnce you start to get a better understanding of Labor and Material costs you will want to store this data into a spreadsheet or software that you can use to help you streamline the estimating process.The Book on Estimating Rehab Costs comes with a spreadsheet that you can use to help you populate your own database of labor pricing and material pricing.
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19 July 2021 | 5 replies
Would it be more effective to buy a property off of the property tax auction instead of purchasing a property off the general market when applying the BRRRR Method ?
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15 July 2021 | 6 replies
New toilets, plumbing fixtures, electrical fixture and so much more.
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14 July 2021 | 3 replies
If I knew what I knew now, I probably would have skipped out on college and jumped right to some kind of trade school as plumbing or electrical.
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14 July 2021 | 1 reply
We primarily will be focusing on wholesaling of distressed property and the BRRRR method of investing.