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!
Ashley:
This is Real Estate rookie episode 386. Where do you draw the line when it comes to your tenants and appliances? My name is Ashley Care and I’m here with Tony Jay Robinson.
Tony:
And welcome to the Real Estate Rookie Podcast, where every week, three times a week, we’re bring you the inspiration, motivation, and stories you need to hear to kickstart your investing journey. And today we’re going to talk about things to think about when buying properties in a vacation market. What exactly is Burr, PITI and a RV plus so much more broken down. In this episode, we’ll be evaluating a bird deal and how to analyze the fundamentals to make sure your numbers are correct. So we’ll get into all of this and more. Now, don’t forget, you can submit your questions so Ash and I can answer on this podcast. Just head over to biggerpockets.com/reply. Again, guys, we want to hear from the rookie audience. We want to answer your questions. We want to highlight what’s going on in your business. So again, head over to biggerpockets.com/reply.
Ashley:
Okay, today’s question, our first one is from Jordan Wisdom. I have a question on the BUR…