fbpx
PRYME Homes
February 19, 2020

How To Buy Rentals - AIJ042

Listen to our podcast on the GO!

SUMMARY

This is Part-3 of the series where we'll cover how to get started in Wholesaling, Flipping, and Buy and hold.

In episode 42 of An Investors Journey Podcast, I want to cover How To Buy Rentals!

DISCLAIMER: We are very biased with rentals WE believe it is the best way to build true wealth and financial freedom.

We'll share with you the 20,000-foot view of HOW we buy our rentals. What we look for and how we analyze them.

In this episode I will cover:

  • Benefits of buy and holds
  • Tax advantages
  • Should you quit your job?
  • ARV vs Rent-Ready Value
  • 80% minus repairs formula
  • Scope Of Work
  • Keeping the future in mind when renovating
  • Getting your financing lined up
  • Turnkey vs BRRRR
  • Renting
  • Self manage vs PM
  • Welcome packets
  • What NOT to do when Refinancing
  • What to do next...

Listen to this episode a couple of times along with the episodes in Related Episode section below to become better prepared when buying your next rental.

If you enjoyed this episode and please share it with someone you feel would benefit from it.

As always, if you have any questions just ask!

Enjoy!

DID YOU KNOW?

We have walkthrough videos of projects we have done and are currently working on. We share our scopes, pricing, strategies, problems, and successes. Check them out here http://bit.ly/PropWalkthrough

Related Episodes

1 Problem Most Landlords Face And How To Solve It- AIJ030

Case Study: Make-Ready Rental BRRRR

How To Combine a Sub-To With The BRRRR Strategy - AIJ033

The Difference Between Perceived Value and Appraised Value

Running Comps to FInding ARV AJI014

If you find this valuable please SHARE 🙏

Hope you guys enjoy this one!

Keep sending us your questions! @prymehomes

Any questions email [email protected]

Get The WEEKLY Investor's Digest

linkedin facebook pinterest youtube rss twitter instagram facebook-blank rss-blank linkedin-blank pinterest youtube twitter instagram