Use the ENEMY method.

More specifically: obtain my real estate license, wholesale properties, utilize the house hack strategy, utilize the BRRRR method, flip properties, and buy and hold properties.

The BRRRR method is entirely reliant on that refinance; without it you'll be stuck with a hard money loan or private/your money left in the deal.So educate yourself, build capital and be aware of what's going on in your market so you can be ready to pull the trigger when stuff starts to go on sale!

My husband and I currently owned 4 Property and only our last one was purchase applying the BRRR principles. Is there anyone in this forum doing it in Dade and Broward County this type of investment. I'm a Real Estate...

My husband and I currently owned 4 Property and only our last one was purchase applying the BRRR principles. Is there anyone in this forum doing it in Dade and Broward County this type of investment. I'm a Real Estate...

Brandon Turner's free weekly webinars are great, his books are awesome, the forums always have interesting ideas and methods, and I've found Youtube videos by folks like Chandler Smith to be engaging and learning opportunities.

When we use the BRRRR method it's used to help us DECREASE our out of pocket expenses when buying an investment property.

I did end up getting them done last week using this method exactly.  

I haven't thought of the AirBnB method but I will start doing that now.  

I'm currently negotiating w/ seller to reduce price to between $85k to $90k based on the major rehab costs.Total rehab costs: $31k get it rent-ready.Annual prop taxes: 2,237.72Total rent: Between 1,010 to 1,250 per month for both occupied units, depending on how bad the recession will become later in 2020.Lawn trim, snow removal, gas, electricity, & water: Tenant pays.Property management: I assume 10% of rent, so $101 - $125 a month.NOI per year: $8,670 to  $11,262.Flood insurance: None.Home insurance: $556/year paid outside of escrow.CAP rate: 6.46% to 8.6%.