Monday, September 26, 2016

How to use the BRRRR Method to buy Rental Properties

  BRRRR has become a popular term for rental property purchases. It stands for Buy, Repair, Rent, Refinance, and Repeat. When used right the BRRRR method can allow real estate investors to buy rentals cheap because they need work, and refinance most of their money out because they added value through repairs. I did not come up with the term BRRRR, but I have used this strategy to get most, if not all of my money back out on some of my rentals. To use this strategy effectively you must make sure you get great deals, know your market well, and have

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