Red Pear Realty said:
The first step is believing it's possible. Believe you can do it and you can. With Tabor, I'm doing 0% of the rehab work myself. I'm going to contract out everything.
If you'd like someone to manage a BRRRR for you from "Buy" to "Repeat", (and even do the Airbnb thing with you) I'd be happy to help. I found a property yesterday that would be an excellent BRRRR. I also offered 408 Tabor to no less than 2 clients because they were looking for properties like it (once rehabbed) and even walked one client through the house, but both parties passed on it, not because the deal didn't make sense, but because they didn't believe.
I had a conversation with my wife's uncle the other day that was kind of similar, but based around buying and selling boats, jet skis, and cars, which is what he does. He's done very well at it, and he's sitting on a couple of businesses and property easily worth several million now, but it all came about because he was willing to believe in himself and take risks in buying and selling. I think you're completely right in that respect.
I'd love to take you up on the offer at some point, but I'm not quite there yet. I definitely believe it's possible, but I'm in a different area and may be switching jobs soon. Most of my investment has been in my employer the last several years, which has been lucrative, but I'm getting to the point where I want to move on. If I do, that would free up a significant amount of wealth for these kinds of deals. We're also due with our second kid in July, so there's a lot going on in the BQ11 household.