BRRRR Strategy in Columbus

[Ben Peyton]

Hi all - Just wondering if anyone has any experience deploying this strategy here in Columbus or Central Ohio? I find this strategy interesting and I wanted to get some other peoples' opinions on it. Pros? Cons? 

As a side note, the term BRRRR seems to be relatively new but I'm reading a book from 2005 and the strategy discussed in it is exactly the same. Just found that a funny.

[Grant Patmon]

I have been doing that here in C-Bus for the past few years. It works great except... Your debt to income eventually maxes out! :( I was able to buy 5 units that way while in school with a very low income though. Now I'm flipping to raise my income to buy more rentals via the BRRR strategy. If you have a high taxable income you will probably have quite a bit of success doing this.