BRRRR - Buy, Rehab, Rent, Refinance, Repeat
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Updated over 1 year ago,
The Portfolio Program/ Openspaceswomen
In the latest episode of The Wealth Blueprint, Ignoring the Naysayers
How to deal with an overpriced real investment program? It’s fine to do your research before putting out your hard earn cash on any real estate investment program. I know there are lots of them out there. If you must pay $8,000 for a three-month program that claims it will give you the blueprint for building wealth in real estate investment, then ask yourself if three months is worth that price.
The Portfolio Program is all about the BRRRR strategy, how to use Zillow in finding distressed properties, calculating ARV, calculating rehab costs, finding hard money lenders, contractors, and the steps in setting up an LLC. There are several free pieces of information online that can educate consumers on many of these topics. I feel that this article singled me out because I made a negative review of this program on Bigger Pockets.
I will continue using my voice to educate others on what to expect before spending their hard earn money on a program where the founders drop you after 3 months without making sure you run through at least one rehab project. I believe $8,000 is a lot of money for some people and they should see some kind of progress before the founders cut them off completely. It is hard for those who made the initial investment only to leave with some basic knowledge. Sure enough, if you complain about it, then they may extend the length of time to perhaps another month or two. I am a professional real estate agent, and I am here to advise others who need it. I offer my services and I am not here as a naysayer to throw anyone off their game!