Creative financing solutions for BRRRR real estate investing
Friday, June 05
Introduction Boom-bust housing cycles are not as rare as we perceive them to be. According to the National Bureau of Economic Research, there have been 28 boom-bust cycles since 1929. During a bust, non-performing assets or NPAs shoot up, and credit dries up. In simple terms, banks have less mone...
Seven (well actually 12) habits of highly effective BRRRR Investors
Wednesday, May 20
Stephen Covey's book “7 Habits of Highly Effective People” is certainly a game changer when it comes to self-improvement, getting more done and living a life you are proud of. The lessons from that book are also directly applicable to and will dictate your success as a buy-rehab-rent-refinance-re...
Top tools for estimating rehab costs for you next BRRRR
Wednesday, May 20
Introduction The 2019 National Building Cost Manual is a particularly useful tool for buy-rehab-rent-refinance-repeat (BRRRR) investors. It lists area modification factors for every city in the United States. These area modification factors can come in handy while estimating repairs. So, for inst...
Protect your BRRRR: contract wisely with your contractors, property
Wednesday, May 20
Part of being a strong BRRRR (buy-rehab-rent-refinance-repeat) investor is to make sure that you protect yourself legally with the contracts that you enter into with your contractors, property managers and tenants. It is important to not leave anything to chance. All material terms of your invest...
The domino effect of one good BRRRR deal...
Wednesday, May 20
Too many “potential” real estate investors sit on the sidelines because of the fear of the unknown. Maybe they heard one horror story of someone who bit off more than they could chew or way overpaid and lost a good chunk of cash. Maybe they think that they just do not know enough or that the timi...
Different ways to finance your next BRRRR
Wednesday, May 20
A big question for most buy-rehab-rent-refinance-repeat (BRRRR) investors is where they will find the financing they need for their deals. This article will dive into several strategies you can use to finance your upcoming BRRRR deals. We would love to chat with you about other options you are ...