Published | 2022-03-02 |
Platform | Udemy |
Number of Students | 5 |
Price | $54.99 |
Instructors |
Long Road Instructors
|
Subjects |
Buy Rehab, Rent, Refinance, Repeat!
One of the most effective ways to get started with investing in real estate is to utilize the BRRRR method of real estate investing. In the BRRRR method of real estate investing you are able to buy properties and pull your equity out of those properties quickly. In doing so you are able to stay more liquid. Your capital is always moving from 1 property to the next with a purpose of creating more cash flow.
In this method of real estate investing you need to make sure you:
Find the right Properties
Connect with Wholesalers to get the best prices (We'll discuss how)
Understand funding on properties to avoid surprises
Utilize your ability to quickly grow equity in properties to facilitate buying more properties
In real estate investing the name of the game is CASH FLOW. Very few methods create cash flow while giving you the potential to pull our your initial investment after the repair period like the BRRRR method does.
The focus of our examples in this course will be on single family homes because that is the most common use case for this method. However, this method has been successfully applied to multifamily properties. I have even personally worked with clients who have used this method to facilitate doing this method on commercial properties, specifically malls.
This method will not make you rich over night. In truth you should be aware of anyone advertising any kind of get rich quick scheme in real estate. This method takes a long time and a lot of hard work to see success in. But it has been used to great success by thousands of real estate investors.