How to Use the BRRRR Method to “Infinitely Invest” in 2024

Episode #339
Want to build your rental portfolio faster? Then the BRRRR method is about to become your best friend. BRRRR (buy, rehab, rent, refinance, repeat) allows you to take one investment property and turn it into MANY, all while using the same stack of cash you started with on the first property. This means you can “infinitely invest” with the same money over and over and over again! But how do you pull off a BRRRR in today’s tough housing market?
We’ve got Sir BRRRR himself, David Greene, on the show to teach you what BRRRR is, how to find BRRRR deals, how to analyze your first BRRRR, and how to recycle your investment so you reach financial freedom in years, NOT decades. Whether you’re searching for your first BRRRR deal or rehabbing your fifth, you’ll want to hear David’s latest tips and tricks for all BRRRR investors.
Unlock UNLIMITED usage of the BRRRR calculator, get lawyer-approved lease agreements for your state, and find financial freedom FASTER with BiggerPockets Pro! Sign up and use code “OWNIT20” to get 20% off your annual membership AND a $2,000 value in bonuses: www.biggerpockets.com/signup?...
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Tools Used/Mentioned in Today’s Show:
70% Rule Calculator: www.biggerpockets.com/house-f...
BRRRR Calculator: www.biggerpockets.com/brrrr-c...
BiggerPockets Forums: www.biggerpockets.com/forums?...
Bootcamps: www.biggerpockets.com/blog/re...
Hard Money Lenders: www.biggerpockets.com/real-es...
Lease Agreements: store.biggerpockets.com/produ...
Rent Estimator: www.biggerpockets.com/insight...
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Connect with David on BiggerPockets:
David: www.biggerpockets.com/users/d...
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Follow David and BiggerPockets on Instagram:
@davidgreene24 or / davidgreene24
@biggerpockets or / biggerpockets
Show notes at: www.biggerpockets.com/blog/ro...
00:00 Intro
01:47 Infinitely Invest with BRRRR!
05:17 What is the "BRRRR" Method?
12:03 Where to Find BRRRR Deals
15:18 What Makes a Good BRRRR?
17:34 Analyzing a BRRRR
20:33 BRRRR Calculator Walkthrough
31:19 "Supercharge" Your Investing
33:43 The BEST Real Estate Investing Tool
43:19 Expert BRRRR Tips

[@ronhau1542]

So I’m about to rent out my first investment property. Do I borrow against it for the 3% (or 20%) down plus closing OR do I borrow the entire amount for the next house? I don’t have a mortgage on this one.

[@SuckerPunchTheClown]

I'd love to see someone get an interview with Kristie Wolfe. OG in the unique Airbnb space.

[@kenny5132k]

Pretty disappointing that BP Rookie are reusing videos. I enjoy property analysis videos so i was excited to see this until i realized its the same one i already watched

[@PewPewFig]

Some of us hadn't seen it, the channel doesn't revolve around you brother

[@Annawoods254]

you should consider investing in commodity ETFs for massive over time withdrawal, this Stand to be the most lucrative form of passive income❤

[@aprilvancleve9463]

Love that short trimmed up beard!!!

[@richardjudge2322]

Thank You David Greene.

[@ryambel]

What about in my area in Alberta. How do we find Investors Agents

[@etr51444]

I’m in Edmonton. I’ve found most firms have a few agents that deal quite a bit with investment properties for others and themselves. Also depending on the area some property management agencies have a realtor division that will help you run analysis’ on properties.

[@GREATTHINGSent]

Why would anyone want to be a landlord for $230 a month?

[@mnooks1989]

Brrrr daddy

[@BatistaInvests]

I keep hearing Pace Morby saying the BRRRR method is dead so that is why I am here. I want to hear straight from the person who formulated the descriptions of this method.

[@youtubecarspottersguide1]

price , it might work in some markets ,so calif where homes are $1,200,000 dont think so ?

[@fuqutube]

Yea and where it works, vacancy is 20% and nothing but scammer, thugs, drugs, and the like..@@youtubecarspottersguide1