Hi everyone, my name is Colton Lukey and in this YouTube Shorts video I give you a quick tip when doing an appraisal on your property. The refinance part of the BRRRR Strategy is one of the most important because it determines the fate of your next deal. If you get a low appraisal that could jeopardize your real estate growth. So I always recommend you create an appraisal booklet for the appraiser. Inside the booklet be sure to include the rental income, renovations you’ve done, costs of the renovation, photos of the inside and out and finally comparable sales in the area. #shorts
Thank you for watching!
#RealEstate #PersonalFinance #BRRRR
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Colton Lukey has been investing since the age of 16 when he purchased his first stock. However, since 2016 his main focus has been investing in real estate. He currently owns 13 units and loves everything real estate and personal finance related.
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DISCLAIMER: I am not a financial adviser. These videos are for educational purposes only. All types of investing involves risk. It is extremely important that you conduct your own research. I am only sharing my opinion with no guarantee of gains or losses on investments. Links included in this description might be affiliate links. If you purchase a product or service with the links that I provide I may receive a small commission. There is no additional charge to you! Thank you for supporting the channel brrrr method real estate