Podcast: Download (Duration: 21:19 — 20.1MB)
How To BRRRR [Buy Renovate Rent Refinance Repeat]
What does BRRRR mean?
1. Buy
2. Renovate
3. Rent
4. Refinance
5. Repeat
BRRRR stands for “Buy, Rehab, Rent, Refinance, Repeat.”
This real estate investment strategy involves rehabbing run-down homes, renting them out, and then using home equity from the rental to buy your next property.
Many investors have found that following the BRRRR method allows them to build a small empire of rental homes, a continuing passive income, and a net worth that grows over the years.
In this episode we talk about the fundamentals of the Finance piece of the BRRRR method.