BRRRR - Buy, Rehab, Rent, Refinance, Repeat
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Updated 9 months ago on . Most recent reply
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First Property Acquired - BRRRR Strategy
Hey Everyone!
First post here on BP, but have been following for some time.
Here's my story
Im 25, and I bought my first property last year in Vermont with the intention to repair and rent. This was done while living in Charlotte which made it a true experience..... sheesh! Along the way, i was introduced to the BRRRR method and have now adopted that strategy for my property. I have used the great tools offered here to calculate potential cashflow and what my equity will most likely look like. I am coming up on completion of the repairs, and am really trying to assemble a game plan on how to go after my next property.
Here would be my ask from someone in the community:
Would anyone be willing to take a look at my current numbers/situation and give feedback on what some potential next steps could be to go after another property? As i'm new to the real estate investing game, I know I could absolutely take some pointers from others who have been at it longer than I have.
Let me know if anyone would be interested. Would really appreciate an outside perspective of what I have going on!
Sean
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Is it usually this slow here in terms of replies?