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Updated over 2 years ago,
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BRRRR Book Club...Sort of
Hey all!
I am currently reading David Green's book "Buy, Rehab, Rent, Refinance, Repeat" and thought I would share some takeaways as I go.
As someone who is looking to start investing within the next couple of years, I decided to jump into REI and have been primarily focused on the lending aspect. However, I want to start dipping my toes into BRRRRS and thought this would be a good place to start.
I just finished reading about the importance of location when looking to invest. Green emphasizes one should look for an area with growing employment opportunities like restaurants, hospitals, new business, etc. While that might seem like an obvious point, I am curious to what others have seen from the repercussions of Covid and the current volatile market. Employment seems to be decreasing as market rates increase. Would love to connect and hear your thoughts!