Why You Should Avoid the BRRR Strategy
The Wealth Elevator Podcast: Real Estate, Taxes, Investing · The Wealth Elevator Podcast
Audio is streamed directly from the publisher (sphinx.acast.com) as published in their RSS feed. Play Podcasts does not host this file. Rights-holders can request removal through the copyright & takedown page.
Show Notes
Summary: The BRRR Strategy (Buy, Rehab, Rent, Refinance) is a hot strategy coined by Brandon Turner of BiggerPockets. The goal is to add enough value to a property so that you can recoup your capital when you refinance. Lane gives his two cents on why this strategy isn't for everyone, especially for individuals who have a higher net worth. Doing BRRR's take up a lot of time and if you're not working with a contractor you can trust, you may end up getting burned.
🎥 Link: https://youtu.be/blqXBWlg3lQ
Website Link: https://simplepassivecashflow.com/cons-of-the-brrr-strategy/
🎁 Free Goodies & Reach out to Lane 👉 https://linktr.ee/laneKawaoka
Start learning about real estate investing - SimplePassiveCashflow.com/start
Subscribe to the Top-50 Investing Free Podcast - https://podcasts.apple.com/us/podcast...
_________________________
Top SimplePassiveCashflow Posts:
This website has been going through daily improvements everyday since 2016. I admit things are a bit all over the place as I learn about these investments and wealth tactics.
Events – SimplePassiveCashflow.com/events
Past Projects - crowdfundaloha.com/past-projects/
Simple Passive Cashflow’s Investor Friend Finder!!! –SimplePassiveCashflow.com/friends
Menu of Investing Options – SimplePassiveCashflow.com/menu
LaneHack – SimplePassiveCashflow.com/lanehack
Passive Investor Accelerator eCourse - SimplePassiveCashflow.com/ecourse
Passive Investor Accelerator eCourse & Mastermind - SimplePassiveCashflow.com/journey
Coaching – SimplePassiveCashflow.com/coaching
Join our Private Investor Club – SimplePassiveCashflow.com/club
Join our Team – SimplePassiveCashflow.com/jointeam
Our Mission – SimplePassiveCashflow.com/mission
Partner Opportunity – SimplePassiveCashflow.com/partner
Products I support – SimplePassiveCashflow.com/products
About Lane Kawaoka – SimplePassiveCashflow.com/about-me
Quarterly Investor Updates – http://simplepassivecashflow.com/inve...
SPC YouTube Channel – https://www.youtube.com/channel/UC3cI...
Real Estate Book Recommendations – SimplePassiveCashflow.com/books
Backwards Engineering Happiness – SimplePassiveCashflow.com/happy
Rental Property Analyser – SimplePassiveCashflow.com/analyser
Visit Lane in Hawaii – SimplePassiveCashflow.com/retreat
Start Here – http://simplepassivecashflow.com/start
Ultimate Simple Passive Cashflow Guide to…
1031 Exchanges – Simplepassivecashflow.com/1031guide
Newbies – SimplePassiveCashflow.com/noob
Infinite Banking – SimplePassiveCashflow.com/banking
Your Opportunity fund – SimplePassiveCashflow.com/ofund
Taxes – SimplePassiveCashflow.com/tax
Tradelines – Simplepassivecashflow.com/tradelines
Turnkey Rental Guide: simplepassivecashflow.com/turnkey
Syndication Guide – simplepassivecashflow.com/syndication
Crowdfunding – SimplePassiveCashflow.com/crowdfunding
Networking – SimplePassiveCashflow.com/people
Private Money Lending – SimplePassiveCashflow.com/lend
Investing in Coffee/Cocoa – SimplePassiveCashflow.com/coffee
Investing in Non-Preforming Notes – SimplePassiveCashflow.com/ahp
Rent don’t buy – SimplePassiveCashflow.com/home
Investor Fallacy: Return of Equity – SimplePassiveCashflow.com/roe
How to Calculate Investment Returns – SimplePassiveCashflow.com/returns
Why you should break up with your Financial Planner – SimplePassiveCashflow.com/fp
Quitting your job – SimplePassiveCashflow.com/quit
Hosted on Acast. See acast.com/privacy for more information.