BRRRR - Buy, Rehab, Rent, Refinance, Repeat
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Updated over 2 years ago on . Most recent reply
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BBRRR - Buy Land, Build Housing, Rent, Refinance,
Hi, I'm Julio Ochoa. I am an investor/developer in Northern California
I'd like to share a strategy for executing BRRRR but buying land and building housing on it instead.
Buy land -> Build Housing -> Rent -> Refinance -> Repeat
You add massive value to the property by building new instead of purchasing an already existing building.
The more value you add to a property, the more fruitful the investment.
You get the benefit of
- Providing a highly demanded product
- 2x-3x income by using Airbnb (buy the property in a populated/traveled area)
- Owning a building that requires 0 to little maintenance
- Reinvesting the capital instead of having it stuck in a property
- With some repetitions, your capital will have grown enough to invest in a long-term hold providing enough passive income for your/your family's retirement
Let me know if you'd like to discuss anything I mentioned or have any questions.
Thanks for reading!