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BRRRR - Buy, Rehab, Rent, Refinance, Repeat
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Updated over 1 year ago on . Most recent reply

User Stats

9
Posts
5
Votes
Diya Rs
  • Investor
  • Bay area
5
Votes |
9
Posts

Looking for help/mentorship with my 1st BRRRR

Diya Rs
  • Investor
  • Bay area
Posted

Hello, 

My husband and I are relatively new to the real estate space. We own a couple of SFH in TX that cash flow a little bit. Some were new constructions and 1 was in great shape and didn't need any rehab. So, we're brand new to BRRRR. We have a basic idea from watching podcasts but have 0 experience. How does one get started? I know there is tons of info on BP but, is there a guide that one could follow or gotchas/caveats/things to watch out for? Is mentorship available for something like this? May be like partnering with an experienced BRRRR investor who is willing to coach. I don't even know if this is a thing. I'm just thinking out loud. Any help or direction here will be greatly appreciated.
Given the current market and mortgage rates, it is so hard to cash flow in the markets we're looking at - San Antonio Area, Charlotte Area, Huntsville, and Atlanta Area. We're open to other areas as well. 

Most Popular Reply

User Stats

32
Posts
15
Votes
Tayo Black
  • New to Real Estate
  • Northern VA
15
Votes |
32
Posts
Tayo Black
  • New to Real Estate
  • Northern VA
Replied

Check out the BiggerPockets bookstore for David Greene's book on BRRRR. There are also a bunch of podcast episodes on BRRRR and a calculator (under Tools above) for when you're ready to do the numbers. If your concern is about the rehab portion, it'll be the regular song and dance with contractors, schedules, permits, and budget management.

Good luck!!

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