There’s a difference between rent ready and retail ready, and knowing it will go a long way to making sure that you’re buying a rental property that’s going to make sense. Going overboard on finishes and materials will eat into your profits and could very well turn it into a deal that gets negative cash flow. Remember, there’s a difference between the two.
Adam Schroeder dives into that topic, as well as why the real estate apocalypse that so many predicted hasn’t come to pass in most markets.
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