The Creative BRRRR Strategies Podcast

S1E42 - Recapitalizing And Lowering Risk With A Rental Portfolio Loan

August 20, 2024 Joseph V. Scorese Season 1 Episode 42

Joseph shared his strategies for reducing rental portfolio risks, which included maintaining long-term tenants and utilizing a 30-year fixed interest rate mortgage. He also discussed the importance of evaluating returns on real estate investments, suggesting a minimum monthly cash flow of $400 and the need for a substantial reserve fund for unexpected maintenance costs.

Joseph stressed the importance of maintaining adequate reserves and suggested that unsecured business lines of credit and asset-based lenders could be a part of these reserves. He also discussed the strategy of recapitalizing and reducing risk in rental properties by reinvesting capital from paid-down properties.

Furthermore, Joseph emphasized the importance of modern technology in constructing new properties and maintaining existing ones, and recommended having multiple maintenance teams for efficient upkeep. 

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