What is your experience with BRRRR?

[David Sawyers]

I was looking at doing a Flip and I know about the BRRRR strategy, but I cannot figure out what is better.

I plan to do a Hard Money for initial finance regardless for the route I do, but what is your personal opinion on the BRRRR strategy when you used it? What was the results as compared to expectaions?

Thank You,

David

[Stephanie P.]

Originally posted by @David Sawyers:

I was looking at doing a Flip and I know about the BRRRR strategy, but I cannot figure out what is better.

I plan to do a Hard Money for initial finance regardless for the route I do, but what is your personal opinion on the BRRRR strategy when you used it? What was the results as compared to expectaions?

Thank You,

David

The truth is, you really have to tailor the business to what you're good at. If you are good at construction and like it, the fix and flip is your gig. If you like the construction piece, but are also okay dealing with tenants, the BRRRR is your way to go. I know some fix and flip guys who wouldn't even think about being a landlord and some BRRRR guys that think it's a waste to buy a property right and then not keep it for the long term money. The beauty of this business is there are multiple facets to making money.