Remove Due diligence Remove Property Management Remove Renovation
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4 Real Estate Investment Strategies For New Investors

Marco Santarelli

Buy, Renovate, Rent, Refinance, and Repeat (BRRRR) The BRRRR strategy is a more involved process that combines flipping and holding. An investor buys a property, renovates it to increase its value, rents it out to generate income, refinances it to take out equity, and then repeats the process with another property.

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Finding the Perfect Multifamily Property

AAOA

Or are you an old pro adding another investment property to your real estate portfolio? Taking your time and doing your due diligence when considering a particular investment property will always be a crucial step. Below are some very important steps to take when choosing your next investment property.

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Real Estate Investment 101: Differentiating CapEx from Maintenance

The Living Room

Capital Expenditures (CapEx) CapEx refers to significant, long-term investments made to improve or increase the value of a rental property. Calculate Costs : As a rule of thumb, CapEx should account for 2-7% of the property’s value. For properties requiring significant updates, lean towards the higher end of this range.

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Buying an Apartment Building: Complete Guide

AAOA

Understanding What Youre Really Buying When youre buying an apartment building , youre not just purchasing property, youre acquiring a business. That business has income, expenses, employees (property managers, maintenance), customers (tenants), and systems. Due diligence is where many deals fall apart or get renegotiated.

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Investing Outside Your Home Market? Do This First.

AAOA

Call competing properties and mystery shop them to verify real leasing velocity. Project renovation costs and timelines conservatively. Property Manager: Demand a track record with assets that match your vintage and tenant profile. Copy it into your project management tool and adjust to fit your workflow.

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10 Housing Markets Predicted to Boom Amid Economic Uncertainty in 2025

Marco Santarelli

New development projects, casino renovations, and efforts to diversify the economy beyond gambling could attract new residents and investment. Here are a few crucial things to keep in mind: Due Diligence: Don't rely solely on forecasts. Further, I have seen limited job opportunities outside of the academic and service sectors.

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What is Turnkey Rental Property Investing?

Marco Santarelli

The basic idea here is buying a renovated property from a turnkey property provider and putting it up “for rent” Next step is to earn from the rental income and consider your expenses such as taxes, insurance, repairs and maintenance and the whole property management which can be outsourced to a turnkey property management company.