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Updated almost 6 years ago on . Most recent reply

Lenny Figueroa's profile image
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Lenny Figueroa
  • from Long Beach, CA
  • Member since Sep 29, 2018
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Lenny Figueroa's profile image
Lenny Figueroa's profile image
Lenny Figueroa
  • from Long Beach, CA
  • Member since Sep 29, 2018
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Lenny Figueroa
  • Long Beach, CA
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Rehabbing & House Flipping

BRRRR strategy in Bakersfield

Lenny Figueroa
  • Long Beach, CA
Posted

Anyone doing the BRRRR strategy in Bakersfield? I'm looking at a couple of homes and wanted to get some insight on anything I should know before I start investing in Bakersfield. Thanks!

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Amber Smith's profile image
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Amber Smith
  • Investor
  • from Bakersfield, CA
  • Member since Jun 23, 2016
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Amber Smith
  • Investor
  • from Bakersfield, CA
  • Member since Jun 23, 2016
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Amber Smith
  • Investor
  • Bakersfield, CA
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Amber Smith
  • Investor
  • Bakersfield, CA
Replied

@Lenny Figueroa I haven’t done a brrr, but I have flipped 2 houses & currently working on 2 more. The reason I never went with the brrr method was that I could never find something where the rent would justify the newly refinanced Home in order to produce enough cash flow. I prefer to just buy fix & flip, but I do have a few investor clients who have been successful with brrr. 

If you need a good handyman/Contractor send me a message. 

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