BRRRR - Buy, Rehab, Rent, Refinance, Repeat
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Updated about 1 year ago,
Best markets for BRRR
I currently live in new jersey. By the shore specifically and the BRRR market is completely dead here. You can buy properties that need to be rehabbed but gain very little equity. And the deals where you can build equity are to expensive and make more sense as flips. i built a portfolio of 7 properties over the past 4 years through the BRRR method, but In the past 8 months I have not been able to find a single on market deal that it makes sense to BRRR. I have lost on 15 plus bids so far this year. This has led me to try to learn about other markets where the BRRR strategy might work a bit better. Anyone have any advice on where to look for these markets?