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How to Convert a Rental to a Flip or a BRRRR (or Vice Versa)
How to Convert a Rental to a Flip or a BRRRR (or Vice Versa)
Change the property category to find the most profitable investment strategy.
Cindy Bellford avatar
Written by Cindy Bellford
Updated over a week ago

Moving or converting a property from one category to another (rental, BRRRR, flip or wholesale) is great for determining which investment strategy will work better for this particular property.

Here is how to quickly do this with our app:

Step 1: Move the Property to a Different Category

The quickest way to convert a property from one category to another is by using the quick action menu on the left side (or at the top right on mobile):

Move a rental property to the flips category

Tip: You can also first copy this property and then move the duplicate to a different category if you prefer to have it in two places.

Step 2: Customize Category-Specific Parameters

After changing the property category, look over the information on the Purchase Worksheet page and customize it as needed:

Purchase worksheet link in menu

 

Note: The above screenshots were taken from our online app, but the same features can be found in our iOS and Android apps as well.

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