Mechanical updates include all new electrical wiring, and updated plumbing.

Mechanical updates include all new electrical wiring, and updated plumbing.

Hi,Has any OOS investor purchased a house (or MF) off the MLS and successfully used the BRRR method?

My goal is to be financially free through the small multifamily BRRRR method, owning 5 houses by 2025I'd love to hear your opinions.P.S.

Hi @Stephen,I was just thinking about the implications of this today,  as a  method to add additional working capital.

I assume all new electric, plumbing, hvac.

Doing my first deal in Columbus and I'm in need of an attorney to draft a lease, and a few subs (electrical, plumbing, HVAC).

Currently in the process of purchasing a property that i plan on using the BRRR method.

If you like you day job and can acquire properties at a slower pace, then use the BRRRR method to get your investment properties while living below you means to save cash for the next one.

Would anyone be able to shed some light on their preferred method?