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The Intrinsic Value Podcast - The Investor’s Podcast Network

REI116: Managing Contractors, Rehabs, and the BRRRR Strategy w/ Andresa Guidelli

The Intrinsic Value Podcast - The Investor’s Podcast Network

The Investor's Podcast Network

Education, Investing, Business

4.6592 Ratings

🗓️ 4 April 2022

⏱️ 57 minutes

🧾️ Download transcript

Summary

In this week’s episode, Robert Leonard talks with Andresa Guidelli about what the BRRRR strategy is, how new investors can use the BRRRR strategy to fund real estate deals with less than 20% down, which items should be fixed during a rehab, how to find contractors, how to protect yourself from contractors, and much, much more! IN THIS EPISODE, YOU’LL LEARN: 00:00 - Intro 01:54 - What the BRRRR strategy is and how it works. 01:54 - How to use the BRRRR strategy to reduce your down payment. 04:58 - Which items should be fixed during a rehab? 19:45 - How to find and vet contractors. 39:32 - How to protect yourself from getting ripped off by contractors. 46:07 - How to challenge an appraisal and why you might need to. And much, much more! *Disclaimer: Slight timestamp discrepancies may occur due to podcast platform differences. BOOKS AND RESOURCES Join the exclusive TIP Mastermind Community to engage in meaningful stock investing discussions with Kyle and the other community members. Robert Leonard’s book The Everything Guide to House Hacking. Learn about our Investing Starter Packs on real estate. A brand-new newsletter all about house hacking. Jay Papasan’s book The Millionaire Real Estate Investor. J Scott’s book The Book on Estimating Rehab Costs. Mark Ferguson’s book The Book on Negotiating Real Estate. All of Robert’s favorite books. NEW TO THE SHOW? Check out our Millennial Investing Starter Packs. Browse through all our episodes (complete with transcripts) here. Try Kyle’s favorite tool for picking stock winners and managing our portfolios: TIP Finance. Enjoy exclusive perks from our favorite Apps and Services. Stay up-to-date on financial markets and investing strategies through our daily newsletter, We Study Markets. Learn how to better start, manage, and grow your business with the best business podcasts. SPONSORS Support our free podcast by supporting our sponsors: Fiscal.AI Connect with Robert (@therobertleonard): Website | Instagram | Twitter Connect with Andresa: Website | Instagram | Facebook Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Learn more about your ad choices. Visit megaphone.fm/adchoices Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm

Transcript

Click on a timestamp to play from that location

0:00.0

You're listening to TIP.

0:02.3

I paid for folks and they run away with the money.

0:05.9

There's no motivation for them to come, especially when they are doing multiple projects at the same time with other folks.

0:12.8

Here's what happens.

0:13.8

If you do that, you're actually not financing your job.

0:16.9

You're financing somebody's else's job because they didn't manage the cash flow accordingly

0:21.3

in their own company.

0:25.3

In this week's episode, I talk with Andresa Giadeli about what the birth strategy is, how new investors

0:31.7

can use the birth strategy to fund real estate deals with less than 20% down, which items

0:37.3

should be fixed during a rehab,

0:39.2

how to find contractors, how to protect yourself from contractors, and much, much more.

0:44.8

Andresa Gidelli is a skilled developer and asset manager with extensive experience

0:49.1

and full gut renovation projects, new construction, and commercial development.

0:55.8

She owns a rental portfolio comprised of both long and short-term rentals and is the go-to person when it comes to

1:00.6

implementing processes that allow for scalability. Andresa is the co-founder and CEO of the

1:06.4

Real Estate Invest Her community and co-host of the Real Estate Invest Her show. Now, without further ado,

1:13.2

let's dive right into this week's episode with Andresa Gidelli.

1:20.1

You're listening to Real Estate Investing by the Investors Podcast Network, where your host,

1:25.6

Robert Leonard interviews successful investors from various

1:29.1

real estate investing niches to help educate you on your real estate investing journey.

1:38.0

Hey, everyone. Welcome back to the Real Estate 101 podcast. As always, I'm your host, Robert Leonard,

1:47.8

and with me today, I have Andresa Gia Deli. Andresa, welcome to the show. Thank you so much for having me.

...

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