Repeat until you find a good propertyOnsite evaluation and estimation of the renovation costMaking offers and closing escrowOversee the renovationMarket the propertyScreen potential tenantsManage the property long-termInvestors are usually high income individuals who have money, but no time.

While Section 8 rentals offer stable income, be prepared for additional regulations and inspections, and thoroughly research program guidelines.

An offer was put in but the loan to close for that buyer was after our closing date.

They can help navigate challenges, identify market opportunities, and offer sound advice based on their own successes and failures.Risk Mitigation: Sharing the risk with other investors can reduce your exposure and help protect your assets.

And despite the higher rates this past year which deter many buyers, we *still* find ourselves in multiple offer situations, indicating we are still hot while many markets have long cooled.To illustrate, my team recently sold a home for $50k above the asking price after a successful open house with over 50 attendees, just a few days on market.

-Consider offering incentives or concessions if offers are not being submitted.Tax Planning:-Understand tax implications and consult with a tax professional.Pre-Sale Inspections:-Conduct inspections to address potential issues beforehand.Remember that every real estate market is unique, and the effectiveness of these strategies may vary.

To piggy back off Connor - offering an incentive to tenants who find another renter when you have vacancies and trying to limit pets can help a lot as well!

This is hugely problematic for the “speed” aspect of BRRRR investing—drastically slowing down the returns and velocity of capital for BRRRR investors using conventional loans.Portfolio lenders are another option, and they typically offer competitive rates and fees as well.

Not every lender is certified to offer this type of service. 

I keep seeing Lima One Capital pop up in regards to offering decent DSCR, but I have not personally used them.