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Updated almost 2 years ago on . Most recent reply

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14
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6
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Don Kick
6
Votes |
14
Posts

Hoping to try my first BRRRR, Finding my core 4.

Don Kick
Posted

Hello everyone,

I live in California, and got started with some turnkey properties in Jonesboro AR and Columbus GA. But I am now ready to try BRRRR on my next property. I would love to connect with like mind people and hopefully build my core 4. I'm new to this, so any suggestions are welcome! - Thanks!!!

Most Popular Reply

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337
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331
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Ben Rhodin
  • Realtor
  • Denver, CO
331
Votes |
337
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Ben Rhodin
  • Realtor
  • Denver, CO
Replied

Hey @Don Kick! The BRRRR is definitely coming back into fashion now that you can actually find solid deals out there. It's just about being confident in your numbers and having a team you can trust. I'm out of the Denver Metro area and have helped quite a few clients complete successful BRRRRs here in the area, and do a few flips myself. Colorado can be a tougher market for the BRRRR strategy due to the higher prices, but if you manage your expectations and are happy leaving maybe 10% or less in the deal then there are numerous deals to be done. Perfect BRRRRs aren't impossible, just tougher to complete.

Would love to chat further if you think Denver may be an option for you, coming from California, you'll get a lot of the same benefits as the Californian market but at better rates.

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