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Turning Houses Into 3 Bedroom Suites To Maximize Cash Flow With Brian Grimes (Ep 395)

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Manage episode 348327779 series 2394668
Content provided by Rental Income Podcast. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Rental Income Podcast or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.
Brian buys shells in "C" class neighborhoods, does a full gut remodel, and turns the property into three one bedroom suites.
Doing this enables him to charge more rent while at the same time providing affordable housing in a working class neighborhood.
On this episode, Brian talks about how he manages his properties including the technology that he uses to help resolve tenant disputes and how he handles common area cleaning.
Brian also shares his numbers including purchase price, rehab budget, mortgage expense, typical expenses and his cash flow.
https://rentalincomepodcast.com/episode395
  continue reading

487 episodes

Artwork
iconShare
 
Manage episode 348327779 series 2394668
Content provided by Rental Income Podcast. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Rental Income Podcast or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.
Brian buys shells in "C" class neighborhoods, does a full gut remodel, and turns the property into three one bedroom suites.
Doing this enables him to charge more rent while at the same time providing affordable housing in a working class neighborhood.
On this episode, Brian talks about how he manages his properties including the technology that he uses to help resolve tenant disputes and how he handles common area cleaning.
Brian also shares his numbers including purchase price, rehab budget, mortgage expense, typical expenses and his cash flow.
https://rentalincomepodcast.com/episode395
  continue reading

487 episodes

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