It is not about "where you buy" but "what" and the "what" is "what you buy".

[Logan M.]

Tips for repeatable BRRRRs (Buy, Rehab, Rent, Refinance, and Repeat)

It is not about "where you buy" but "what" and the "what" is "what you buy".

Most people don't know this but in real estate, you make your money on the purchase.

If you are buying at market value every time there is not enough margin to BRRRR.

My suggestions would be this:

1. Buy in areas that are landlord friendly.

2. Buy in areas that have strong demographics, a young population, and low unemployment.

3. Focus on buying off-market.

4. Build a database of contractors that can do renovations at the best price possible.

5. Have a financing strategy in place and know what guidelines you need to meet. (DM me for some specifics on this)

I hope those tips help.

*Feel free to add more

[Michael Bayrakeri]

Quote from @Logan M.:

Tips for repeatable BRRRRs (Buy, Rehab, Rent, Refinance, and Repeat)

It is not about "where you buy" but "what" and the "what" is "what you buy".

Most people don't know this but in real estate, you make your money on the purchase.

If you are buying at market value every time there is not enough margin to BRRRR.

My suggestions would be this:

1. Buy in areas that are landlord friendly.

2. Buy in areas that have strong demographics, a young population, and low unemployment.

3. Focus on buying off-market.

4. Build a database of contractors that can do renovations at the best price possible.

5. Have a financing strategy in place and know what guidelines you need to meet. (DM me for some specifics on this)

I hope those tips help.

*Feel free to add more

You mentioned its not about "where to buy":

how do you BRRRR when interest rates are 8 % and when you refi, there is no possibly way to have positive cash flow for any property ??? Please educate me.