Pros and Cons of The BRRRR Method to Accumulate Rental Property
In this episode Devin and Jules break down the pros and cons of the BRRRR method using real life scenarios and past stories.
-B for buy a well priced home that needs to be fixed up.
-R for Rehab/Remodel the home
-R for Rent that property after the remodel for a top dollar rents.
-R for Refinance the home after it’s remodeled and rented and hope the appraisal comes in for much higher than you paid for the home initially so you can do a cash out refinance and pull out as much of your cash invested as possible that was used for down payment and the remodel.
-R for Repeat. Now that you got out most of your original cash investment you can buy another home and repeat the process.
Super awesome strategy to get great rentals fast.
——————
Devin haub is a top RE/MAX agent selling over 200 homes a year. He started his career in 2009 at the bottom Of the recession. He is an endorsed realtor with Dave Ramsey and pursues financial freedom in his own life and shares his ideas and plans as he pursues the financial journey himself.
Contact for devin at devinhaub@gmail.com for private coaching, specific questions, employee group trainings.
Видео Pros and Cons of The BRRRR Method to Accumulate Rental Property канала Devin Haub
-B for buy a well priced home that needs to be fixed up.
-R for Rehab/Remodel the home
-R for Rent that property after the remodel for a top dollar rents.
-R for Refinance the home after it’s remodeled and rented and hope the appraisal comes in for much higher than you paid for the home initially so you can do a cash out refinance and pull out as much of your cash invested as possible that was used for down payment and the remodel.
-R for Repeat. Now that you got out most of your original cash investment you can buy another home and repeat the process.
Super awesome strategy to get great rentals fast.
——————
Devin haub is a top RE/MAX agent selling over 200 homes a year. He started his career in 2009 at the bottom Of the recession. He is an endorsed realtor with Dave Ramsey and pursues financial freedom in his own life and shares his ideas and plans as he pursues the financial journey himself.
Contact for devin at devinhaub@gmail.com for private coaching, specific questions, employee group trainings.
Видео Pros and Cons of The BRRRR Method to Accumulate Rental Property канала Devin Haub
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