If you’re rehabbing a rental, performing a BRRRR, building an ADU, or even getting into new construction, now is a challenging time for you. With supply chain problems, limited materials, and alltime high housing prices, contractors are in low supply. Even when you do schedule a project, the likelihood of your contractors showing up on time can be slim at best.

David Greene is back with another round of coaching calls to give his take on this current contractor crisis, as well as answer questions on the BRRRR strategy, the turnkey rental method, going over budget, and how to stay focused when investing. If you’ve struggled at all with anything related to calculating rehab budgets, liens on properties, and managing contractors yourself, be sure to write down David’s suggestions.

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Ask David Your Question about Real Estate:
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Grab Your Copy of “Buy, Rehab, Rent, Refinance, Repeat”
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How to Find (& Keep!) Good Contractors:
https://www.biggerpockets.com/blog/ho...
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Estimate Rehab Costs Quickly With This Simple 6Step Process:
https://www.biggerpockets.com/blog/ho...
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Follow David on Instagram:
@davidgreene24 or   / davidgreene24  

Episode 556

Show notes at: https://www.biggerpockets.com/show556

0:00 Intro
1:08 Quick Tip
2:51 How Do I Transition Out of Turnkeys?
13:44 Breaking Down the BRRRR Strategy
20:22 What if I Go Over Budget on My Rehab?
21:35 My Loan Won't Cover My Rehab Budget
31:04 How to Stay Focused on One Niche
33:10 Finding Reliable Contractors in 2021
43:28 Jumping from Residential to Commercial