Episode #339
Want to build your rental portfolio faster? Then the BRRRR method is about to become your best friend. BRRRR (buy, rehab, rent, refinance, repeat) allows you to take one investment property and turn it into MANY, all while using the same stack of cash you started with on the first property. This means you can “infinitely invest” with the same money over and over and over again! But how do you pull off a BRRRR in today’s tough housing market?
We’ve got Sir BRRRR himself, David Greene, on the show to teach you what BRRRR is, how to find BRRRR deals, how to analyze your first BRRRR, and how to recycle your investment so you reach financial freedom in years, NOT decades. Whether you’re searching for your first BRRRR deal or rehabbing your fifth, you’ll want to hear David’s latest tips and tricks for all BRRRR investors.
Unlock UNLIMITED usage of the BRRRR calculator, get lawyer-approved lease agreements for your state, and find financial freedom FASTER with BiggerPockets Pro! Sign up and use code “OWNIT20” to get 20% off your annual membership AND a $2,000 value in bonuses: www.biggerpockets.com/signup?...
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Join the Real Estate Rookie Facebook Group:
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Grab David’s BRRRR and Other Best-Selling Books:
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Hear David on The “BiggerPockets Real Estate” Podcast:
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Tools Used/Mentioned in Today’s Show:
70% Rule Calculator: www.biggerpockets.com/house-f...
BRRRR Calculator: www.biggerpockets.com/brrrr-c...
BiggerPockets Forums: www.biggerpockets.com/forums?...
Bootcamps: www.biggerpockets.com/blog/re...
Hard Money Lenders: www.biggerpockets.com/real-es...
Lease Agreements: store.biggerpockets.com/produ...
Rent Estimator: www.biggerpockets.com/insight...
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Connect with David on BiggerPockets:
David: www.biggerpockets.com/users/d...
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Follow David and BiggerPockets on Instagram:
@davidgreene24 or / davidgreene24
@biggerpockets or / biggerpockets
Show notes at: www.biggerpockets.com/blog/ro...
00:00 Intro
01:47 Infinitely Invest with BRRRR!
05:17 What is the "BRRRR" Method?
12:03 Where to Find BRRRR Deals
15:18 What Makes a Good BRRRR?
17:34 Analyzing a BRRRR
20:33 BRRRR Calculator Walkthrough
31:19 "Supercharge" Your Investing
33:43 The BEST Real Estate Investing Tool
43:19 Expert BRRRR Tips