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Updated over 3 years ago on . Most recent reply

User Stats

35
Posts
11
Votes
Mark Gaskins
  • Flipper/Rehabber
  • Atlanta
11
Votes |
35
Posts

Is BRRRR a Dead Strategy in this Market?

Mark Gaskins
  • Flipper/Rehabber
  • Atlanta
Posted

I have been religiously following this strategy and got to the section in the book by @DavidGreene (Buy, Rehab, Rent, Refinance, Repeat: The BRRRR Rental Property Investment Strategy Made Simple) where he advises to send bids to prospective GCs so you have a pricing inventory. Admittedly, GCs are like the Olivia Newton John's of the market right now.

Me, well, I’m singing “You’re the one that I want...” but these guys are going in the opposite direction.

Is it me or is this BRRRR strategy only good in a "Buy" market? What are some ways to get good and reputable GCs to engage?

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