Supplement Rental Income With Other Endeavors
For investors, focusing more on flipping or wholesaling right now to supplement cash flow is not at all a bad idea. The same goes for those who are real estate agents or contractors.
In fact, this is one of our main strategies right now. We started our own construction and HVAC company for third-party clients in the Kansas City area, as we don’t have as much work to do in-house as we used to. We think we built a great system for scoping projects and overseeing rehab, and can charge less for HVAC, given our infrastructure is already in place, so this seemed like a natural way to grow our business and address our greatest need: cash flow.
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