Just a few weeks after completing my first BRRRR deal, I’m already onto the next deal. If I learned anything from my first deal, it’s that the BRRRR strategy really works. Finding a deal is likely the most challenging part, although repair delays, going over budget on repairs, and not getting the home appraised well,…
Category: Real Estate Investing
First BRRRR Deal Officially Complete: Final Numbers!
My first BRRRR deal in Fayetteville has officially closed! While the final numbers do not exactly match the original numbers I estimated, I still think this turned out to be a pretty good deal for me. I was able to pull out approximately $82,500 cash out of the property via delayed financing with my mortgage…
Fayetteville BRRRR Update: Deal Closed!
I have some exciting news to share! I’ve closed on my first BRRRR real estate deal in Fayetteville. I am pumped to complete this first deal, get the repairs done, get it rented out, pull my money out of the deal, and then do it all over again! This BRRRR deal is on a 3-bed,…
My First BRRRR Deal in Fayetteville: The Numbers
I’m in the process of completing my first BRRRR real estate investing deal in Fayetteville, North Carolina, and I am pretty excited. For some background, I’m a 31-year-old investor who works in the finance industry and lives in South Carolina. I’ve been primarily investing in stocks up until recently, through REITs, MLPs and gold stocks….
BRRRR Strategy for Real Estate Investing: A Complete Guide
The BRRRR real estate investing strategy is exploding in popularity, and rightfully so. The phrase stands for “Buy, Rehab, Rent, Refinance, Repeat” and was coined by BiggerPockets.com. If a BRRRR deal is done correctly, you can build wealth quickly and get your cash out of the deal to re-invest. But there are some key risks…
Roofstock Review 2019: A Real-Life Case Study
Roofstock Rating: 8.0 out of 10 This is a complete, detailed review and real-life case study of Roofstock, which is a marketplace for buying and selling turnkey rental investment properties. There have been various reviews of the company posted online, but I’m not convinced all of the writers have actually used it to buy a…