BRRRRRR, is it cold out there in RE INVESTING ? GOVT control ?

[Todd Powell]

So many people on BP have discussed the BRRRR method and I am wondering how it is going for you, both good and bad?

Here is my situation. I have never done the BRRRR method. I have recycled some of the same money and done roughly 40 flips. I also used my HELOC at $421,000 to invest with down payments and rehab, and now hold 16 doors and ownership in a 72 unit college campus building, 50% ownership in a 8 plex, and some RE syndication. I now have 50 to 70% equity positions, and received all rents for April and May. I also currently have two different houses under contract to fix and flip, and have never done the BRRRR method on a house.

I also realize while I am holding tight through this COVID19 there have to be some stories where the BRRRR method and too much leverage has hurt people out there ? I am curious what your thoughts are as many believe I should have leveraged more and scaled up. I fear that some are in danger of losing properties especially if places like Seattle, WA state tenants can avoid paying rent for 6 months and avoid eviction. It is getting to be a tougher RE climate when the government can come in and take control of all your hard work and risks you have taken in RE. SO, is it getting cold with the BRRRR method, or is it okay for some? Are your concerned about state and federal RE rent mandates ? Just some thoughts I have had.