BRRRR - Buy, Rehab, Rent, Refinance, Repeat
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Updated over 2 years ago,
Why BRRR a short term rental is a better option than LTR
It’s simple.. real simple.. Return on Investment. While your average long-term rental is only going to bring you hundreds of dollars a month, your short term rentals will bring you thousands of dollars a month. We have helped many of our clients acquire properties in the North Georgia Mountains near Blue Ridge and in the Gatlinburg and Pigeon Forge areas as well. The net revenue after expenses and property management can range from 35-60% cash on cash investment in the first year. With the property managers we connect our clients with, second and third year projections only go up from there. Last but not least, our clients have the option to visit and/or gift (family, friends, colleagues) these vacation properties in a few of the hottest markets in the United States.
- Pete Galyon