Rental Property Investor · New Braunfels, TX · Member since 2018 · 141 posts · 103 votes
I see people on the forum giving advice “just make investments that will double in one year” then repeat that a few times... Can anyone share what investments they are making that double in one year?
This method was first popularized by Bill Nickerson in the 1952 first addition of his book . It’s good to know some basic real estate concepts are timeless.
Have you researched "BRRRR" investing in fix/hold rentals.
For examle: Podcast #237 with Ian Reeves had an example of buy a $36k home in Kansas City area, fix up for $8k, rent it, put a tenant in it for $975/mo rent. Six months later, re-appraise the improved home for $75k....his $41k invested gave him a $34k profit in 6 months. Repeat....it's possible if you find the BRRRR stellar deals like that!!
This method was first popularized by Bill Nickerson in the 1952 first addition of his book . It’s good to know some basic real estate concepts are timeless.
One way to do it is through SFH purchases subject to the existing financing with little to no money down and then flipping those into land contracts or lease options. :)