How to Keep Tariffs from Derailing Your Renovations (Rookie Reply) Podcast Por arte de portada

How to Keep Tariffs from Derailing Your Renovations (Rookie Reply)

How to Keep Tariffs from Derailing Your Renovations (Rookie Reply)

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 The economic landscape is shifting fast. With tariffs driving up material costs, does the BRRRR (buy, rehab, rent, refinance, repeat) method still work? In this episode, we’ll share some creative tips and tricks that will help keep your renovation projects on budget and make the numbers work in any market! Welcome to another Rookie Reply! Today, Ashley and guest co-host Garrett Brown are answering more of your recent questions. First, we’ll hear from an investor who is looking to buy in their favorite short-term rental market. But is the area too expensive for their budget? Should they look elsewhere? We’ll show them how to find the right data, crunch the numbers, and pick the perfect market for them! Then, we’ll tackle tariffs, their impact on rehab projects, and what YOU can do to get material costs under control. Finally, what do you do when a seller tries to raise the purchase price days before closing—even after a signed purchase agreement? We’ll break down your legal options, negotiation tactics, and what to watch for so you don’t lose thousands at the closing table. Looking to invest? Need answers? Ask your question here! In This Episode We Cover Keeping your renovation projects on budget despite high material costs How to BRRRR (buy, rehab, rent, refinance, repeat) in 2025 How to pick the perfect short-term rental market to invest in What to do when a seller tries to raise your purchase price before closing Escalation clauses explained (and potential pitfalls to avoid) And So Much More! Check out more resources from this show on ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠BiggerPockets.com⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ and ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠https://www.biggerpockets.com/blog/rookie-565 Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Email ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠advertise@biggerpockets.com⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠. Learn more about your ad choices. Visit megaphone.fm/adchoices
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