Put damage deposits and rental reserves in a high yield savings account or CDs.

I would highly recommend connecting with Anderson Business Advisors for a free 45-minute call to see what the best structure for you would be.

This blog post explores the growing concerns among some analysts that the US economy is headed for stagflation, a scenario characterized by high inflation and stagnant economic growth.

Add estimated costs of new flooring, paint, drywall repair, and countertops using the quality of products expected in that neighborhood and double that estimate.  

High competition can drive up purchase prices and reduce available deals.Here's how to decide if BRRRR is right for you:Run the numbers: Use rehab cost estimation tools (like those mentioned in J.

i.e. are they doing what they say they're going to do, are they actually doing somewhat reasonable quality work, etc. etc.... then it's really a non-issue.... are you going to overpay?

:Class A Properties:Cashflow vs Appreciation: Typically, 3-5 years for positive cashflow, but you get highest relative rent & value appreciation.Vacancy Est: Historically 10%, 5% the more recent norm.Tenant Pool: Majority will have FICO scores of 680+, zero evictions in last 7 years.Class B Properties:Cashflow vs Appreciation: Typically, decent amount of relative rent & value appreciation.Vacancy Est: Historically 10%, 5% should be applied only if proper research done to support.Tenant Pool: Majority will have FICO scores of 620-680, some blemishes, but should have no evictions in last 5 yearsClass C Properties:Cashflow vs Appreciation: Typically, high cashflow and at the lower end of relative rent & value appreciation.

High interest rates body-slammed supply numbers in 2022, as I detailed last week.

Also an electrical meter was missing on the outside and I just saw two leading me to believe the building wasn't even a legal three-unit so for the high price my dad and me agreed to pass on this one as well.A few days later I got a rather angry call from my realtor asking me why I keep passing on good buildings and what's going on?

Ive always used conventional lending 20% down 5 years ago I did a duplex and renovated it with plan to brrrr but life changes caused me to not refinance to keep the cashflow high instead.