37 min listen
268: How To Double Your Real Estate Return (BRRRR)
268: How To Double Your Real Estate Return (BRRRR)
ratings:
Length:
43 minutes
Released:
Nov 25, 2019
Format:
Podcast episode
Description
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: GetRichEducation.com/Baltimore Turnkey vs. BRRRR compared. __________________ 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 Follow us on Instagram: @getricheducation
Released:
Nov 25, 2019
Format:
Podcast episode
Titles in the series (100)
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