268: How To Double Your Real Estate Return (BRRRR)

How To Double Your Real Estate Return (BRRRR)

by Keith Weinhold | Get Rich Education

Rent amounts are more stable than real estate prices.

The rent amount you can charge is based on incomes in an area.

In real estate: rents behave rigidly; prices are more elastic. 

Employment sectors dictate what type of worker buys and what type rents.

Mortgage loan qualification is difficult; I’m qualifying myself. This is inconvenient, but it means borrowers are solvent. 

This creates a barrier to entry and stabilizes prices. Tips:

  • Be organized.
  • Buy multiple properties from the same provider at the same time, if possible.
  • Use the same mortgage company.

The BRRRR real estate investing strategy is: Buy – Renovate – Rent – Refinance – Repeat.

You can double or triple your cash-on-cash return with BRRRR.

Learn about Baltimore BRRRR and Philadelphia turnkey property at: www.GetRichEducation/Baltimore

Turnkey vs. BRRRR compared.

Resources Mentioned >

Resources Mentioned: Baltimore BRRRR & Phila. turnkey: GetRichEducation.com/Baltimore | Mortgage Loans: RidgeLendingGroup.com | Turnkey Real Estate: NoradaRealEstate.com | eQRP: Text “QRP” to 72000 or: TotalControlFinancial.com | JWB New Construction Turnkey: NewConstructionTurnkey.com | Best Financial Education: GetRichEducation.com | Find Properties: GREturnkey.com

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