Can we come up with something to replace BRRR?

[Larry Turowski]

Every time a see or hear BRRR (Buy, Rent, Rehab, Refinance), I just...I don't know...I just bristle. It is cumbersome, awkward to pronounce, and can't be said without then saying what it stands for. Sorry @Brandon Turner!

Here's an idea.  Buy is a given, is it not?  I think we all know its about buying a property.  Rent is implied by the Refi part.  We wouldn't refi if we weren't holding.  And we wouldn't hold an empty property.

How about just Rehab, Refi?  Anybody else have a better idea?

[Bill Gulley]

You can do the same thing by renting and refinancing.

What's the extent of the rehab side? Paint and carpet, hang a new front door? Or are we adding a master suite and blowing out a dinning room for a great room? 

Don't you "rehab" to some extent to increase value?

Some value add to get more rents?

It's still part of the old buy and hold.

Don't you refi to get at unused equity to leverage another property? You don't really have to refinance it, just use it as additional collateral. That can be cheaper to do.

"A Rose by any other name would smell as sweet" William Shakespear, Romeo and Juliet.

Younger people getting into real estate who haven't learned real estate and won't, have a hard time with conceptual-logic, maybe computer games cause that, I don't know, they don't seem to be mastering the game of chess either. They need a name to identify a step by step approach so they can grasp a process. Checkers, not chess.  

Seems that if it doesn't have a name, it's not a strategy, at least one that can be conveyed.

It doesn't matter what it's called, by any other name it can be the same concept.

(Why do you think I named a tenants in common method TIC, TAC, TOE? It's simple and stands for 3 aspects used, not much thinking to it.....LOL)

BRRRRRRRRRRRR or BRRRR (buy, rehab, rent, refinance, repeat, repeat, repeat....)

I have to say, Brandon could make watching grass grow sound exciting!

I have similar feelings saying "lease-options" which is an option to lease after the initial term. "Lease-Option to Buy" is what they mean.

We have conflicting definitions used by investors, it's part of information engineering to describe concepts to be recognized by those that can't recognize the underlying functions of a process. Another example, "creative financing" and "seller financing or a Sub-To" all lumped together as being creative. Nothing "creative" about those tactics.

Why not just call it the "Brandon Deal"? The method has been around for a hundred years, probably much longer, but it's the sizzle and puff that seems to excite. :)