Property Conversions.

Converting a property into a multi-family dwelling and rental property is a great way to create long term wealth. Not only do you have an appreciating asset, but you can bring in monthly cash flow. While rental properties are for the more patient investor, they can be very profitable down the road while also bringing passive income each month. These properties can also be ‘house hacked’, allowing you to live in one unit for ‘free’ while your tenant paying rent covers the mortgage & expenses.

  • Key Steps to Property Conversions

    Just like with any real estate investment, buying an undervalued property is a key step in the process. Using the BRRRR method is very popular for property conversions and rental properties.

  • What is the BRRRR Method?

    BRRRR stands for Buy, Renovate, Rent, Refinance & Repeat

  • Okay, tell me more!

    The goal of a BRRRR is to find and BUY properties that are undervalued, REHAB (or renovate) them to increase the value of the property, RENT to a quality tenant for positive cashflow, REFINANCE the property at the new higher market value and REPEAT the process using the money from the refinance.

“Be crazy enough to know that you can do anything you want in life.”

— Author Unknown