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Updated about 2 years ago on . Most recent reply

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Jairo Canas
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Best strategy to invest

Jairo Canas
Posted

Hi my name is Jairo Canas, im a new real estate agent and don't know many investors. So my question is What is the best strategy to use to invest in Northern Virginia? Like should i use the BRRRR method or should i do short term rentals, which one? Please help.

Thank you!

Most Popular Reply

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25
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Brent Sweet
  • Investor
  • Willard, MO
22
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25
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Brent Sweet
  • Investor
  • Willard, MO
Replied
Quote from @Jairo Canas:

Hi my name is Jairo Canas, im a new real estate agent and don't know many investors. So my question is What is the best strategy to use to invest in Northern Virginia? Like should i use the BRRRR method or should i do short term rentals, which one? Please help.

Thank you!


 My wife and I have a real estate business and we are ramping it.  It really depends on your goals.

We started as BRRR even though we nothing about it because family circumstances drove us to it.

Then we acquired a few long terms.a

Then a mid term furnished.

Now we are moving to:

Wholesale - quicker cash out

BRRR - some of our wholesales to be BRRR so we can generate long term income

FLIP - Probably not going to hold all the BRRR if it's not where we have a good system in place to rent.


There are many other ways to make money in real estate.  Start with the end in mind and work backwards to figure out how to get there.



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