I think BURRR is oversold, let´s discuss better strategies

[Dan Bryskin]

I will go against the grain here .... First off, BURR works. We started doing it in 1996. But I think conceptually there is a better way. Buy, Rehab, Refinance, Repeat - what´s wrong? OR in another worlds, can single families be done better? I use to do BURRR but then realized there is a better way. My thoughts: I get premiums selling rehabs. Once I am done with a rehab, I have a ¨brand new house¨. Its brand new only once. Only before first person spend a day living in it. In today´s environment people will pay premium for a quality rehab. Ours generally sell for 15% to 25% to the market price. Here is what I am thinking. Buy something almost rent ready. Do stuff you won have to redo, like roof, ceilings,  concrete. Rent. After a year or two, rehab, 1031 at the premium for another property. Thoughts?