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Updated over 3 years ago on . Most recent reply

Dwayne Jelks Jr.'s profile image
Dwayne Jelks Jr.'s profile image
Dwayne Jelks Jr.
  • Rental Property Investor
  • from Bridgeport, CT
  • Member since Oct 29, 2018
Connect

User Stats

53
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12
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Dwayne Jelks Jr.'s profile image
Dwayne Jelks Jr.'s profile image
Dwayne Jelks Jr.
  • Rental Property Investor
  • from Bridgeport, CT
  • Member since Oct 29, 2018
Connect
Dwayne Jelks Jr.
  • Rental Property Investor
  • Bridgeport, CT
12
Votes |
53
Posts
BRRRR - Buy, Rehab, Rent, Refinance, Repeat

BRRR Method Question

Dwayne Jelks Jr.
  • Rental Property Investor
  • Bridgeport, CT
Posted

I'm currently reading the BRRR…method. On chapter 1. David Greene mentions that to see results using BRRR…you have to increase profits and decrease basis. Can anyone explain to me what he meant by decreasing basis? Thanks!

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Dwayne Jelks Jr.'s profile image
Dwayne Jelks Jr.'s profile image
Dwayne Jelks Jr.
  • Rental Property Investor
  • from Bridgeport, CT
  • Member since Oct 29, 2018
Connect

User Stats

53
Posts
12
Votes
Dwayne Jelks Jr.'s profile image
Dwayne Jelks Jr.'s profile image
Dwayne Jelks Jr.
  • Rental Property Investor
  • from Bridgeport, CT
  • Member since Oct 29, 2018
Connect
Dwayne Jelks Jr.
  • Rental Property Investor
  • Bridgeport, CT
12
Votes |
53
Posts
Dwayne Jelks Jr.
  • Rental Property Investor
  • Bridgeport, CT
Replied

Thank you @Todd Rasmussen I’m a newbie in this real estate game. I appreciate you taking the time out to answer my question.

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