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Buying a $1M Property for $0 with The BRRRR Real Estate Strategy

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Real Estate Rookie

The BRRRR strategy sounds a bit confusing to new real estate investors. Why are there so many Rs? Is it possible to do without a bunch of contractor experience? And what if you aren’t able to take all your money out? Before you start pondering the BRRRR strategy, you need to understand why so many real estate investors use it. This strategy can not only help you build a big rental property portfolio, but also let you do so without a ton of cash.

The BRRRR method is optimal for new investors because it can lead to serious wealth accumulation in a short amount of time. Ask Tyler Madden, he used the BRRRR method to buy a one million dollar property with zero dollars left in the deal. That means he acquired a sevenfigure property, made six figures in equity, cash flows $2,000+/month, and did this without having to put up his own money. Pretty incredible, right?

Tyler will give you a stepbystep walkthrough of the five stages of the BRRRR method—buy, rehab, rent, refinance, repeat. He’ll also give you some tips that will save you hours (if not days) worth of time when doing your next BRRRR and things you should be aware of before you start the process. With real estate deals getting harder to find, understanding the BRRRR method could bring you opportunities that other investors would pass up.

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Join BiggerPockets for FREE
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Sign Up For the Real Estate Rookie Bootcamp:
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Check out Last Week’s Episode on 4 Real Estate Calculations Every Investor Should Know:
   • 4 Real Estate Calculations Every Inve...  
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Use the BiggerPockets BRRRR Calculator on Your Next Deal:
https://www.biggerpockets.com/brrrrc...
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How to Succeed in Real Estate Investing Using the BRRRR Method:
https://www.biggerpockets.com/guides/...
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Check Out Tyler’s Episodes of The “Real Estate Rookie Podcast”:
Episode 55: https://www.biggerpockets.com/blog/ro...
Episode 173: https://www.biggerpockets.com/blog/ro...
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Connect with Tyler on BiggerPockets:
https://www.biggerpockets.com/users/m...
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Follow Tyler on Instagram:
@tylermadden or   / tylermadden  

00:00 Feeling the BRRRRn?
01:38 1. Buy
02:37 2. Rehab
03:28 3. Rent
04:16 4. Refinance
05:17 5. Repeat
06:09 Tyler's Own BRRRR
09:22 The BRRRR Method Recap
09:52 Become a BRRRR Beast!

#biggerpockets #realestaterookie #brrrr

posted by notGaxtrounty2e