BRRRR - Buy, Rehab, Rent, Refinance, Repeat
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Updated over 4 years ago, 09/01/2020
BRRRR in bad areas only
I am a newbie and working up to my first deal. However, one thing that is concerning to me is that all the potential BRRRR deals I am analyzing in my market (Dayton/Cincinnati) are in D-F areas that are showing little to no signs of improving in the near future. Right now I am mainly just working off Zillow, Redfin, real estate postings, etc.
Am I doing something wrong? Is that the general nature of doing BRRRR deals? Do I need to continue to expand my network so I can gain access to deals in better areas?
Thanks so much!