The BRRRR Method

 

Brr… it is COLD these days! With all the rain back in Seattle this week, we're trying to stay close to home with a cup of cocoa nearby.

Checking in with the team yesterday, we had a fun conversation with one of our agents, Aman Narayan, who says this weather always reminds him of the BRRRR method.

Have you heard of the BRRRR method? It stands for Buy, Rehab, Rent, Refinance, Repeat; and it is an investment strategy that’s designed for buying and fixing up (rehab) distressed property, renting it out, then cash-out refinancing it to fund future investments. This can be a way to build wealth and cash flow through real estate investing, but it also requires a significant amount of time, money, and knowledge of the real estate market and renovation. It can be a smart and savvy way to build your rental portfolio and enjoy some not-too-shabby passive income. Something to think about as you set your 2023 goals!

Want to learn more? Send us a message, we'd be happy to talk through what this could look like for you!

 
Previous
Previous

Should I Wait for Lower Interest Rates?

Next
Next

Buying a Home & Becoming an Investor