Is the age of BRRRR over???

[Jason Schimer]

As we all know the market could be peaking out. No one has a crystal ball and no one can know if sure but we can assume that we don't have 7 years of time to play. The question I ask is it really still a good time for the BRRRR method. As a proven strategy in a growing market there is no denying but are we coming to the point where we can't be sure in 1 year our refi will be worth getting? Will the bubble pop and not have time to recover by the time we have to refi? Will wee be stuck with our hard money loan? Will we be stuck with an upside down property. I know people are going to still say run the numbers and make sure you cash flow and we can't forget find a good deal. Even with all of that is a BRRRR method the best option even if we dot the I's and cross the T's especially when we have to pay by our loan shark biting at the bit to get his money. What are our other options besides sitting on our money? I hope this doesn't sound like snake oil. I'm looking for other options. Any answers would be greatly appreciated.

[Alex Deacon]

@Jason Schimer Jason I think there will always be a market for this. Having done this for 25 years I am always in that market. With that being said sometimes its a lot easier than other times and all markets are different. One thing to remember is dont over leverage or over extend yourself and play it ultra safe until you get really good at sensing the market and looking at indicators of whats about to come. There is no way to predict for sure whats around the bend but keep your ear to the ground and eyes focused on good solid investments, sticking to the basics and never giving up.