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Updated over 5 years ago,
1st BRRRR DONE! Now what??
I bought a house in December 2018 and have been working through so much since and have finally successfully pulled off the brrrr.
I got a great deal, I had to rid the house of disaster tenants, I rehabbed a home that was in horrible shape, I rented it for way more, I got it appraised for $82k more than I bought it, I’m cashing out 96% of the money I put into the house, and I’ll be left with with a fully rehabbed home and cash flowing $510 per month!
Honestly feeling on top of the world after doing this. I have a pocket full of cheese and I’m on the hunt for what to seek out next. I know the the R is “Repeat” but all I know is this project took so long and was so stressful. I might want to consider something with a less work involved.
Any suggestions?