Discover top strategies for profitable real estate investing and learn how to maximize your rental property income with Keyrenter Tulsa.
Profitable Real Estate Investment Strategies
Kurt Volk is a real estate investor who owns 19 properties in Tulsa, Oklahoma City, and St. Louis. He has been investing in real estate since 2009.
Here’s a glimpse of what you’ll learn:
- Kurt Volk explains the BRRR (buy, rehab, rent, refinance, repeat) strategy and how to leverage it to invest in real estate
- What do appraisers look for in rental properties, and how can investors maximize an appraisal?
- The benefits of receiving an appraisal before completing a renovation
- Kurt discusses the criteria of a 1031 real estate exchange and other strategies for deferring capital gains
In this episode…
When investing in real estate, the BRRRR (buy, rent, rehab, refinance, repeat) strategy can be a viable method to equalize cash flow. This approach involves many factors, including appraisals and construction financing. So, how can you optimize the BRRRR technique to maximize your ROI?
Real estate investor Kurt Volk advises establishing a clear budget to structure the investing process. This allows you to evaluate renovation and contracting options. It’s beneficial to receive an appraisal before completing potential rehabilitations and additions to increase the value of your investment. Kurt leverages a 1031 real estate exchange when refinancing and flipping homes to defer capital gains and maximize equity.
In this episode of The Same Day Podcast, Mat Zalk chats with real estate investor Kurt Volk about investing in real estate using the BRRR and 1031 exchange methods. Kurt explains how appraisers evaluate rental properties, the benefits of receiving an appraisal before completing a renovation, and how to defer capital gains using the 1031 real estate exchange strategy.
Sponsor for this episode…
This episode is brought to you by Keyrenter Property Management.
Keyrenter Property Management is a full-service property management company who helps their clients buy, renovate, and operate real estate assets.
They help clients build wealth while taking the headache out of property management.
That’s why, no matter what rental you have—single-family homes, condos, townhomes, or apartments—they can give you the management solutions you need.
To learn more about their services, visit https://keyrenterpmc.com/ or email them at [email protected].