BRRRR Strategy: Build a Rental Portfolio WITHOUT New Money | MLS Search & Analysis 204 - 2117 W 81
Channel: HoltonWiseTV
Date: 16/02/2021

BRRRR = Buy. Renovate. Rent. Refinance. Repeat. The BRRRR strategy allows real estate investors to buy many homes while using the same money over and over again. With the BRRRR method you don't have to be a rich person to build a rental property portfolio. All you need is enough money to buy one rental property. If you've got that the BRRRR strategy will allow you to make more purchases using that same money. In the 204th episode of The MLS Search & Analysis Show James Wise is working with an out of state investor to build a large rental portfolio in the Cleveland housing market using the BRRRR method. During the show James Wise breaks down the renovation scope of work and price estimate of a Cleveland duplex that's recently went through a set of evictions. Targeting properties that have just gone through evictions is a great way to find distressed sellers. Tired landlords are often excited to find someone willing to take on all of the tenants, toilets and trouble that their Cleveland rental properties have caused them over the years. Remember folks, Cleveland real estate investing makes a lot of money but it sure isn't for everyone. HoltonWise is Cleveland property management made easy. Partner with HoltonWise to build a Cleveland real estate business today.


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