This entry treats the BRRRR method, buy, rehab, rent, refinance, repeat, from the passive portfolio-builder's perspective: an investor using the strategy primarily to accumulate long-term rental holdings and recycle capital, rather than as an active rehab operation.
Log in to followI've been trying to work out what my first deal actually costs and ended up modeling one property both ways to see whether the rehab-and-refi cycle was worth the extra work. Numbe…
Trying to read a refinance step correctly before I go further with any of this, and I think I've been mixing up two different numbers. What I read was a version of the rule where…
I've been building this out slowly on purpose and the pattern is now clear enough to worry about. Each of the three houses left something like $22k to $28k behind after the cash-o…
This is the ceiling I keep talking about and I finally hit it with numbers attached, so here they are. Started with 140k of my own cash 26 months ago. Plan was four single family…
I manage about forty doors, a decent slice of them owned by people running the buy-rehab-rent-refinance loop, and the rehab specs come in two flavors. One group does the cosmetic…
Small town, population about 4,000, an hour from anything. Three bed one bath, 1,080 square feet, bought at 61k off a probate that had been listed and expired twice. Rehab budget…
I run small multifamily and I've done this four times now. The first two were low-rate era and returned essentially everything. Number three returned about 80%. This one gave me b…
Four small houses, all rehabbed and leased, and I'm at the point where the refinance step is the whole bottleneck. Two of them are still sitting on bridge money. Combined appraise…
Somebody asked me this at a meetup and I gave a bad answer, so I'm putting it here. The letters are buy, rehab, rent, refinance, repeat. The last R is the engine. You pull your mo…