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Updated almost 5 years ago on . Most recent reply
How to BRRR Out-of-State - How to invest in rentals with less $
2 Replies
- 08/26/20 05:00PM - 10:00PM America/Los_Angeles
- https://us02web.zoom.us/webinar/register/WN_cinqje1ZQ6qBQR9y
- Free
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Join us Wednesday, August 26, 2020 at 5:00 p.m. PT for the August Addicted to ROI Virtual Meetup. We are welcoming ROI Inner Circle members Nghi Le and Greg Mushen to share one of our favorite wealth building strategies: the BRRR method.
The BRRR Strategy (Buy, Rehab, Rent, Refinance) has gained so much popularity, and we know why! The idea is to repeat this process several times over a five- to ten-year period and eventually you'll have acquired several properties that pay you enough monthly income to quit your job and pursue real estate investing full time if you wish. It is a great way to recycle capital and grow your portfolio.
Greg Mushen has built a ten-property portfolio of out-of-state buy-and-hold properties in Indianapolis while working full-time in the ever-changing tech industry. He served as Director of Product Management at Expedia for 14 years after graduating from the University of Washington. Last year, Greg joined the fast-growing Real Estate Brokerage, Compass. Greg has acquired ten out-of-state properties using the BRRR method. During our meetup, Greg will show you exactly how he did it—sharing the numbers, the wins and the mistakes.
Nghi Le started investing in real estate in 2014. It didn't take him long to realize that one of his biggest costs was financing. Over the next few years, Nghi talked to over a hundred commercial/hard money lenders, borrowing from a couple dozen of them to do flips and BRRRs in eight states. Now, Nghi and his team at Certain Lending are guiding other investors to their best financing options while helping them avoid some of the lessons he experienced.
Greg and Nghi will share a real case study with real numbers of an out-of-state BRRR they invested in and be available after for a live Q&A answering all your questions around the BRRR Strategy. Join us LIVE and bring questions! Both Nghi and Greg have years of experience and know the ins and outs of financing and renovations. We cannot wait for you to hear from them!
Join us Wednesday, August 26 at 5 p.m. PT for our August Virtual Meetup.
>>> Click here to register. The deadline to register is Tuesday August 25.