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Updated about 2 years ago,

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Rob Bergeron
  • Real Estate Agent
  • Louisville, KY
1,043
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1,464
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The BRRRR Model Explained by a Louivillian

Rob Bergeron
  • Real Estate Agent
  • Louisville, KY
Posted

The BRRRR model is a real estate investing strategy that stands for "Buy, Rehab, Rent, Refinance, Repeat." It's a way to build a portfolio of rental properties and generate passive income in any economy, and it can be used to invest in both traditional rental properties and Airbnb properties.Thanks to my proven infrastructure, implementing the BRRRR model is not only possible, but also simple and carries less-risk. First, I find a property that is undervalued and has potential for growth. I then use my skills in construction and renovation, or HIRE CONTRACTORS, to Rehab the property and bring it up to its full potential.Once the property is improved, I can Rent it out to tenants or list it on Airbnb as a short-term rental. This generates a steady stream of passive income. As the property increases in value, I use financial strategies to Refinance the property and pull out my original investment. This allows me to Repeat the process with a new property, building a portfolio of rental properties and increasing my passive income over time.With my proven infrastructure in place, the BRRRR model is a reliable and low-risk way to build wealth and financial security, and it can be successful in any economy. If you're interested in learning more about how the BRRRR model can help you achieve your financial goals come to any of the millions of real estate meetups. Don't forget to join KREIA - it's a great resource (non-profit) that helps empower people to take control of their financial future. Not to mention a great way to meet people from different walks of life. People where you are now and people that are where you want to go.