Real Estate Broker · Atlanta, GA · Member since 2017 · 229 posts · 145 votes
Hi, all. I've been buying and renovating houses in Atlanta with the BRRRR method since 2014 with a decent sized portfolio under management. I'm looking to connect with other Atlanta investors that are executing the BRRRR strategy or interested in learning how it's done.
Is anyone aware of an Atlanta-based BRRRR meetup, mastermind, or any thought leaders on the subject?
With my initial searches not yielding much, I created an Atlanta-specific BRRRR investor Facebook group, Atlanta BRRRR Real Estate Investors: https://www.facebook.com/group.... I'm also planning on forming a small BRRRR mastermind group, if there's interest. Please post here or shoot me a message if you're interested in connecting and comparing notes.
Hey Nicholas, I'm interested in joining your group, I'm a new realtor and investor in the Atlanta metro area, I'd love to network and get a chance to pick your brain to come up with different strategies on becoming successful in this real estate market
Hey Nicholas, I'm interested in joining your group, I'm a new realtor and investor in the Atlanta metro area, I'd love to network and get a chance to pick your brain to come up with different strategies on becoming successful in this real estate market
BRRR has been around since the 80's. Since it's not new, it's not something with 'thought leadership'. However, BP did an awesome job putting a name to it. The most important aspect is to evaluate a project with the entire strategy / process in mind vs. optimizing a single step.
Buying a house which you can't renovate and add value might not work when you refi, for example. Buying a house where rents aren't responsive to upgrades. Trying to refi when rates are rising quickly ... tricky!
I know many investors who fail to REPEAT. They take a break after one or two. Pacing yourself and knocking down a project every year/quarter/ or whatever is the best practice. You'll be at that goal soon.
GaREIA meets about 10x per month. It's not all about BRRR, but there are lots of us who do it as one of our primary strategies.