Full gut remodel.New HVAC, plumbing, electrical, everything.Rehab cost: ~$55,000Financing: cash + 0% interest credit cards(Yes… the classic rookie move.)After fixing it up, we rented it for $850/mo.Today that same house rents for $1,200/mo and is worth around $135k+.Looking back, I probably should have run screaming.But honestly?

Rashad, you’re in one of those classic “NY/NJ tenant-aid program limbo” situations where everyone keeps punting the ball back to you.Here’s the simple breakdown:1.

Everyone knows the BRRRR method - Buy, Rehab, Rent, Refinance, Repeat.
It’s built on the idea that leverage lets you grow faster.
That worked great when money was cheap and banks were eager.
But in today’s market, ...

A few years later, my job required me to relocate, and I faced that classic question: do I sell it or rent it out?

When a market calms, value-add deals and under-market buys begin showing up again—especially for properties that need work or that aren’t positioned well by inexperienced agents.Sellers Need a Reality Check (and Many Are Getting One Later Than They Should)You’re starting to see the classic signs that sellers overshoot:Price reductions after 2–3 weeksOffers coming in at ask or belowCredits returning as a negotiation toolHomes needing minor repairs getting ignored by pickier buyersThis is especially true in some West Knoxville price bands, where sellers are used to getting whatever they ask for.

Quote from @David Krulac: How I Turned $1,000 into $5 Million by William NickersonLandlording by Leigh RobinsonBuy and Hold by David ShumacherI was fortunate to meet two of the above and have dinner with one.That’s really interesting, David — those sound like classics!

@Jessica YuanThis is the classic question.

Hey Lucas, sounds like a classic case of "is it worth your time and money to do something new to potentially make some more money."

Looks like a classic low-income rental and they are usually rough.

…(classic).