Being able to quickly and accurately estimate a rehab is one of the skills every real estate investor should have. When a potential deal comes along, you have to be able to move quickly with your analysis because someone else is often right on your tail.
The ultimate goal of any Tucson rental investment is to return more money than what you pay out. The normal reaction to choosing rental price is to maximize it to get the most rent. This in fact can be the cause of you LOSING more money.
The 5 Tops Ways to Make More Money With Your Rental Properties
Rather than just acquiring as many properties as possible, let’s take a step back and think about whether or not the best way to make more money right now is to focus on your current portfolio.