Updated over 5 years ago on . Most recent reply
Buy and hold properties
I want to implement the BRRRR strategy but where I live the 2% or let alone the 1% rule will not work. Any thoughts on buying and holding for few years to resale for appreciation?
Most Popular Reply
Joe Villeneuve
#5 All Forums Contributor
Pro Member
#5 All Forums Contributor
- Plymouth, MI
Learn a different strategy, or find a different market. You can't put a round peg in a square hole...unless you shave off the roundness...which in the case of REI means you're shaving off your profits/cash flow.
You need to find a round hole (different market) , or a square peg (different strategy).