BRRR STRATEGY NEED HELP!

[Latasha Shipman]

Greetinfs!

I am slightly confused on how the BRRR strategy can help out in my investing needs.

I recently purchased an investment property for $23,000 in cash. It was appraised for $42,000. I have been hearing non stop about a particular investing strategy called BRRR!

Based on the information given, could someone elaborate on my next steps as it pertains to using the BRRR strategy? Also, if possible give pros and cons.