Scaling and brrrr process

[Jason Malabute]

Let’s talk about scaling .

Here's the BRRRR timeline :

Closing: 10-14 weeks

Rehab: light work (14 days) heavy rehab (6 weeks)

Rent it out: spring-14 days

Cold winter: 24 days

Refinance: 1-2 weeks

So my goals this year is to acquire 6 properties this year. I think it’s doable with this current time table but how about next year when my goal will be 12.

My questions are:

1. How do I scale more efficiently?

2. Do I need to start learning about private money so I can still purchase properties while my own cash is still in the BRRRR process?

3. Do I need to start buying duplexes and bigger MFP? (Before y’all go on a crusade in my comments about how I should buy nothing but duplexes please remember that duplexes tends to attract tougher tenants in Indianapolis. More sophisticated investors than me have said that duplex tenants in Indianapolis are headaches. Lastly buying duplexes in the suburbs got their own issues like if a property has a “story” associated with it its harder to rent it out. I don’t know how you would know local stories about a particular property if you don’t live in that town).

Ok go🏁🏁🏁