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24 January 2025 | 0 replies
The BRRRR strategy is a systematic approach to real estate investing that revolves around five key steps:Buy: Purchase a property, often below market value, that has potential for appreciation and improvement.Rehab: Renovate the property to increase its value, make it livable, and improve its rental potential.Rent: Find reliable tenants who will pay rent, allowing you to generate consistent cash flow.Refinance: After the property is rehabbed and rented, refinance it to pull out the equity you’ve built through the renovation.Repeat: Use the cash obtained from refinancing to fund your next investment property, starting the cycle again.Step-by-Step Breakdown of the BRRRR MethodLet’s take a closer look at each stage of the BRRRR strategy to see how it works in practice.1.
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7 February 2025 | 11 replies
For a purchase generally application would be to review an ID, asset statements, and LLC docs if neccesary.
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11 February 2025 | 20 replies
HI Matt,You don't necessarily need to be a resident to purchase real estate in the US.
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10 February 2025 | 0 replies
Purchase price: $232,500 Cash invested: $45,000 Beautiful fully renovated Shore Acres 2/1.This house really stands out on the block with the new bright paint scheme!
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3 February 2025 | 5 replies
Once I was deployed on a submarine in the North Atlantic and they helped my wife with a 1031 exchange on the sale of a home and purchase of 2 other properties.
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28 January 2025 | 14 replies
I purchased Air DNA pro subscription , any thoughts on accuracy of AirDNA numbers for Boston market.
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26 January 2025 | 11 replies
Hi Troy congrats on your purchase, which it seems you purchased at a forelcousre auction.
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4 February 2025 | 2 replies
The ONLY reasonable deals are:Appliances when purchased if you have a retailer that offers unlimited repairs/replacement for 5 years for 10% of price.
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31 January 2025 | 44 replies
This growth typically drives significant appreciation, which is the key to making this strategy work.For example:Let’s say you purchase a property for $300,000 with 25% down in a market with an 8% annual appreciation rate.
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4 February 2025 | 7 replies
Quote from @Juan Perez: Greetings,My first home was paid off over a year ago, and I am now living in my recently purchased 2nd home.