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Updated about 9 years ago on . Most recent reply

User Stats

470
Posts
348
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Eric P.
  • New York City, NY
348
Votes |
470
Posts

Best cities for BRRRR

Eric P.
  • New York City, NY
Posted

Curious what people think are the best cities for the BRRRR strategy right now. I figured this was maybe discussed recently, but I searched and can't find any posts related to this.

Also, if you're currently implementing BRRRR somewhere, kindly state what class of location you're operating in. Personally I like to BRRRR in B/B-/C+ areas, where you can generate good returns without needing too much capital, but the location isn't too scary.

Most Popular Reply

Account Closed
  • New Jersey, NJ
137
Votes |
327
Posts
Account Closed
  • New Jersey, NJ
Replied

Eric P. I have BRRRR on my keyword and notice you post up like 30 post with the same topic and description but just changing the location of the city.

The BRRRR is not about swing where it works best because it does work everywhere and it depends on you on how you want to structure.

I'm going to explain this as simple so hopefully my keyword gets a rest from your BRRRR mission finding what area is good.

You want to succeed at BRRRR you would need to calculate what cash flow property you want and equity that's left. From a scale of 1-10, 1 being in the ghetto and 10 being in trump tower, you need to figure out what you will be ok working with. 1 with get you high cash flow but slow appreciation, 10 will get you no cash flow but high appreciation and maybe 7 will get you a small break even with moderate appreciate.

It all depends what you want and not what a city could give you because there BRRRR are all over the USA

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