How are you preparing yourself for the unknown future? and BRRRR

[Mishelle Osorio]

How are you preparing for the unknown future? if you do the BRRRR strategy, how are you analyzing your deal to make sure it makes sense no matter what can happen?

[Scott E.]

How are you preparing yourself for the unknown future? - Because the future is unknown, the best way to prepare is just to buy great deals. Pay under market value, pick strong sub markets, pursue good homes in desirable neighborhoods.

If you do BRRR how are you analyzing your deal to make sure it makes sense no matter what? - There is no way to make sure it makes sense no matter what. But if you follow the logic in my first response above, you will insulate yourself a bit from dramatic downturns. Also don't bite off more than you can chew. Keep a well funded reserve account to weather any storm.