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 over 2 years ago,
How can I be useful to YOU? New BRRRR learner.
Hey all, I read David Greene's BRRRR book and am really interested in implementing that strategy. I work full time in the film business in Los Angeles but my schedule is flexible. I own a very hands-off SFH rental in North Carolina. I also just bought my first primary residence (with rental ADU) in LA. That's where I'm at today. My goal is to continue using my career to finance my real estate portfolio. BRRRR seems to be the best bang-for-my-buck (if done right) since you can essentially recycle your capital over and over. I would like to do this investing outside of my state where houses cost less and laws are more landlord friendly.
So while I'm saving up cash for my first BRRRR I want to do anything to get ready for my first deal. I need to make valuable connections with professionals who can help me later. I will need that team in order to get anything done. I understand from my career experience that being useful to other people is the best way to get help for myself. It's also a good way to learn and see someone else's process up close.
So if anybody has ideas or advice for me, I am here to listen and learn and take action. If you were once in my shoes, what did you do to help PM's / investors / realtors / contractors / lenders to get on their radar? What moves did you make early on that set you up for success later?
Thanks!
-Drew in LA