Tearing Down An Old House And Building An Apartment Building With Mitch Roschelle (Ep 463)

Rental Income Podcast With Dan Lane

Mitch shares his unique strategy of buying run-down properties, tearing them down, and replacing them with 8-unit apartment buildings.
We talk about why he likes to tear down properties vs buy vacant land.
Mitch also shares the lot size and age of the property he targets, and how he gets the construction done in just a few months.
We also take a look at his numbers. Mitch shares the typical acquisition cost, construction costs, and typical rent.
https://rentalincomepodcast.com/episode463