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

Rental Income Podcast With Dan Lane

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