To land a great investment property, a true diamond in the rough, you’re going to need to master the art of analyzing deals. Whether you plan to use the BRRRR method or buy commercial real estate, we’ve got several tips, tricks, and tools to help you find the perfect property!
Welcome back to another Rookie Reply! Not sure whether a property will cash flow? In today’s episode, we’ll help you distinguish a great deal from a not-so-great deal. Do you need to pay back a hard money lender? You’ll want to hear about the creative solutions you can use to get out of short-term debt when refinancing isn’t an option. We also talk about short-term rentals and the best ways to furnish your Airbnb on a budget. Finally, we’ll show you how to manage difficult tenants when they push back against rent increases and damage your rental!
If you want Ashley and Tony to answer a real estate question, you can submit a question here, post in the Real Estate Rookie Facebook Group, or call us at the Rookie Request Line (1-888-5-ROOKIE).
In This Episode We Cover:
How to ensure that your BRRRR property will cash flow before AND after refinancing
Creative financing solutions to use when hard money becomes due
What you NEED to know before getting into commercial real estate investing
How to fully furnish your short-term rentals on a tight budget
Addressing rent increases and maintenance issues with difficult tenants
And So Much More!
Links from the Show
Find an Agent
Find a Lender
Ashley's BiggerPockets Profile
Ashley's Instagram
Tony's BiggerPockets Profile
Tony's Instagram
Real Estate Rookie Facebook Group
Join BiggerPockets for FREE
Submit Your Real Estate Rookie Question!
Apply to Be a Guest on the “Real Estate Rookie” Podcast
Analyze Your BRRRR Deals with the BiggerPockets Calculators
How to Buy a Hotel: Breaking Down Tony’s FIRST Commercial Real Estate Deal
Making $160K/Year From ONE “Rare” Property Thanks to Seller Financing
Financial Freedom in 10 Years and $200K Cash Flow with a Small Portfolio
Analyze Commercial Real Estate Deals
Rental Management Tools Mentioned in This Episode:
AppFolio
Breezeway
Check out more resources from this show on https://www.biggerpockets.com/blog/rookie-386
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Real Estate Rookie