13min chapter

Get Creative with Pace Morby cover image

Transforming Spaces and Lives with Zander and Michael Katrakis

Get Creative with Pace Morby

CHAPTER

Exploring the Benefits of Pad Split for Real Estate Investing

The chapter delves into the concept of pad splitting, where rooms within a property are rented out individually, providing affordability for tenants and ensuring steady cash flow for investors. The discussion highlights the advantages of pad split over traditional real estate investing in managing vacancies and optimizing rental income. The speakers share their experience in attending a pad split meetup, renovating a property in West Phoenix, and emphasize the importance of thorough vetting and realistic renovation timelines.

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