Frequently Asked Questions.

How much money do I need to start investing?

There are lots of options when it comes to investing, whether you have several thousand or several hundred thousand - or more! The more money you bring to the table, the more profit you can make. Remember, you can also use OPM (other people’s money) to fund your investments. Ask us how.

What is the BRRRR Method?

The goal of a BRRRR is to find and BUY properties that are undervalued, REHAB (or renovate) them to increase the value of the property, RENT to a quality tenant for positive cashflow, REFINANCE the property at the new higher market value and REPEAT the process using the money from the refinance.

Can I invest in Real Estate while working full time?

Yes! That’s one of the great benefits of working with Tridium as a JV Partner. You can be a passive investor, and we handle the entire project while your money is working for you. This makes it easy for you to continue to work full time (if you want) and have passive income as well.

How do I find a good contractor in my area?

There are a ton of options out there when it comes to hiring a contractor and trades, however there are also a lot of BAD options. Make sure you do your research. If you can get someone who has been referred to you this is your best option. You will be able to ask how the project went, what (if anything) went wrong and how it was dealt with, and go see the quality of work for yourself. If this is not an option, make sure you ask questions, get everything in writing and physically go and see their work. It's worth getting a few quotes as well. Remember - the cheapest option is not always the best. Some contractors will low ball their quote, only to charge you for all of the extras along the way.

How do I budget for a renovation?

It is important to decide your budget no matter the size of your renovation. Once you know how much you can afford to spend (don't forget to account for your contingency!) then you can properly plan out the renovation. Really want those high end appliances? Maybe they don't fit within your budget and you'll have to choose a different option or look for sales. If you are doing a rental or lower end flip, your money will be better spend elsewhere anyways.

How do I know if I want to be an Active or Passive Investor?

Do you want to get your hands dirty and put in the sweat equity or be active in the projects? Or do you want to sit back and let an experienced team handle your investments. This will depict the connections you will need to make. If you are working full time in Real Estate, you might want to be an active partner. However if you work full time or just want to get your money working for you, you are more likely to be a passive investor.