For investors looking to purchase their first rental property, we've put together all the essential BRRRR tools you'll need to get started. Scroll down to download your free tools today!
LLC Formation Checklist
We created this comprehensive checklist for starting an LLC so you don’t miss any of the important steps when getting started. You can download our business checklist to keep you on track as you take your first steps as a new business owner.
Use our calculator to evaluate the profitability of a fixer-property, determine key metrics before and after refinancing a property, estimate potential monthly and annual cash flow, and create a printable PDF to show lenders or partners.
Rehab Estimate Cheat Sheet
Use this spreadsheet to estimate rehab costs for a number of common home improvement items. Compare your renovation plans to generate an accurate repair estimate. Labor and material costs have been updated to 2022 national averages.
How to Build Your Team
Building a successful real estate team begins with the right planning and preparation. Use this guide to conduct interviews with potential team members (realtors, contractors, lenders, property managers, etc).
Tenant Screening Guide
The kind of tenants you rent to can greatly affect your day-to-day management experience and ROI. Use this guide to properly screen prospective tenants and select only those who are a good fit for your rental property.
This document highlights some of the most important items to cover in your lease or rental agreement; it does not cover all scenarios and states. The information provided on this document does not, and is not intended to, constitute legal advice.
Because operating agreements are state specific with owner specific structures (number of partners, capital contribution, registered agent), we recommend using Rocket Lawyer where you can quickly generate a custom OA.
Investor Promissory Note
If you're bringing in a partner or investor who will be lending you money for your next BRRRR deal, we recommend using Rocket Lawyer's free promissory note generator. Customize the terms and conditions to your investment goals.