Buy, Rehab, Rent, Refinance, Repeat: The BRRRR Rental Property Investment Strategy Made Simple

by David M Greene

Overview

“Execute like a master and build wealth like the pros” with the hottest strategy in the real estate world (David Osborn, New York Times bestselling author)—and learn how to invest, flip houses, and buy rental properties without ever running out of money!

Real estate investors used to build wealth the hard way: slowly saving money and sacrificing their current happiness for a future reward. This method produces results in the long run—but what if there's a better, more efficient way that works in years instead of decades?

Buy, Rehab, Rent, Refinance, Repeat (BRRRR) is the five-part real estate investing strategy that makes financial freedom more attainable than ever: You buy a property under market value, add value with renovations, rent it out to tenants, complete a cash-out refinance, and then use that money to do it all over again. In this book, author and investor David Greene shares the exact systems he used to scale his real estate business from buying two houses per year to buying two houses per month using BRRRR.

This easy-to-follow plan will grow your money quickly without letting a lack of cash get in the way of pulling it off. With this method, you’ll create wealth with real estate investment properties and BRRRR your way to financial independence!

Inside, you'll discover: 

• A solid plan for getting started, even with limited capital 
• How to identify target properties and emerging markets destined for huge growth
• Negotiation tactics for making offers that get accepted 
• How to recover 100% (or more) of your money in a deal 
• Unique ways to increase a property's value (and your own net worth) 
• How to recruit top talent to work on your deals (so they build wealth for you!) 
• And so much more!

Product Details

ISBN-13:	9781947200098
Publisher:	BiggerPockets
Publication date:	05/16/2019
Sold by:	Barnes & Noble
Format:	eBook
Sales rank:	213,012
File size:	3 MB

About the Author

David Greene is a real estate investor and agent with more than ten years of experience. He has bought, renovated, and managed more than 35 buy-and-hold rental properties, owns shares in three large multifamily apartment complexes, and is a top-producing real estate agent on the Keller Williams East County team. A nationally recognized authority on real estate investing, David is the co-host of the BiggerPockets Podcast and has been featured on CNN, Forbes, and HGTV. He is the author of three bestselling books that have sold more than 350,000 copies combined—Long-Distance Real Estate Investing, Buy, Rehab, Rent, Refinance, Repeat (BRRRR), and SOLD: Every Real Estate Agent’s Guide. David loves basketball, Batman, being an uncle, and helping people achieve total financial independence through real estate. He currently lives in Northern California.

Table of Contents

PART ONE | Introduction to BRRRR

CHAPTER ONE | Getting to Know the BRRRR Method

PART TWO | Buying Great Deals

CHAPTER TWO | Buying Under Market Value

CHAPTER THREE | How to Find Deals

PART THREE | The Rehab Process

CHAPTER FOUR | Rehabbing Like a Pro

CHAPTER FIVE | Common Rehab Strategies

PART FOUR | The Rental Process

CHAPTER SIX | Understanding Rent Prices

CHAPTER SEVEN | Tenant Tips

PART FIVE | The Refinance Process

CHAPTER EIGHT | Choosing Your Lender

CHAPTER NINE | The Value in Financing

PART SIX | Repeat

CHAPTER TEN | Building Systems to Run Your Business like a Business

CHAPTER ELEVEN | Scaling Your System for Increased Success

PART SEVEN | Digging Deeper

CHAPTER TWELVE | Arguments Against BRRRR

CHAPTER THIRTEEN | How You Should Expect BRRRR to Improve Your Results

What People are Saying About This

From the Publisher

"I am simply blown away by the way David takes something as intimidating and complex as scaling a real estate portfolio and simplifies it to the point anyone can do it. Buy, Rehab, Rent, Refinance, Repeat is a true gem and guaranteed to make you a better investor and a wealthier individual."
—Hal Elrod, international bestselling author of The Miracle Morning

"The only thing wrong with this book is it wasn't written sooner! The BRRRR book has been a long time in the making, but well worth the wait! This BiggerPockets classic covers every single step in the process that will make you a black belt investor and a wealthy individual. Best of all, the principles are universal and can be applied to all types of real estate, from a single-family house to a 100-unit apartment complex, and everything in between. The BRRRR strategy as detailed in David's book is an absolute must-have tool for any successful real estate investor!"
—Andrew Cushman

Editorial Reviews

07/01/2019

Greene (Long-Distance Real Estate Investing), with nearly a decade's worth of experience pursuing financial security through real estate rehab, shares his strategy to acquiring a significant real estate portfolio in just a few years. The author uses "Traditional Tom" and "Mastery Mike" to illustrate points, along with financial formulas and examples from his personal BRRRR investments. Phrases such as "grow your wealth FAST" and "become a black belt real estate investor" give the writing an infomercial slant. VERDICT For readers willing to step outside conventional real estate investment thought. Consider for balanced and broad finance and investing collections.

Library Journal

"Greene is an authoritative guide, laying out his plan in well-organized, easy-to-read prose filled with specifics that readers will appreciate."

—BlueInk Review

"Buy, Rehab, Rent, Refinance, Repeat is a thorough how-to real estate investment book and a solid, understandable overview of a methodology that could supercharge investors’ incomes."

—Foreword Clarion Reviews

From the Publisher