The biggest challenge in the BRRR IMO
The biggest challenge in the BRRR in my opinion is having the rehab makeready completed from a distance. I've yet to fully master not having to go check on something. The prices contractors pull out of the hat just to see if there's pushback can be steep. The property manager typically does not negotiate a lower price from my experience. At this point the financing is not the challenge which at one time it was. My challenge is finding A dependable reasonably priced makeready team.
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Hey that’s the special cookie recipe you need to make, and then your golden, I have similar issues, prices now are like a slot machine or like an auction, they are all complaining about supply and demand, I wonder if my contractors hire Chinese people and these people are stuck on a boat in Cali because all of the truck drivers are on strike????? All BS so now I treat it like an auction I have 10-15 companies quote the dam job then I show the others my lowest numbers and they can fight for it I got the money on the table for rehab work but I don’t have time to listen to news that has nothing to do with my business. I guess I’m just getting annoyed at the whole situation…..