BRRRR - Buy, Rehab, Rent, Refinance, Repeat
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback
Updated almost 3 years ago on . Most recent reply
First Time BRRRR Investing
Hey BP!
Throughout my investing journey so far I have been able to acquire 3 properties. The first two were turnkey and the third required a small renovation (conversion of a SFH to a duplex). Now I think I'm ready to take on a BRRRR and I'm super excited! The only problem is that my local market is pretty expensive and I'm looking for a market that would be better to implement this strategy with. Are there any markets that you have been having success with and would recommend? Or a better question, how would you recommend finding the right market to invest in? I'm still very new to this and haven't done a BRRRR or a long distance investment, so I'm not sure exactly the right questions to ask. Any input would be greatly appreciated!
Most Popular Reply
I would say off-market deals in your area or on-market deals in Midwest towns are your best bet for cash-flowing BRRRs. I am on house number 5 in Northeast Iowa with the BRRR strategy. There are challenges and endless problems to solve but it is so gratifying.
- Jared Hottle