by This acronym stands for Buy, Rehab, Rent, Refinance and Repeat. IT is deemed to be a famous strategy for property investors who aim to build a passive income over time. It is a real estate investment method whereby one buys a property in need of reshaping, “rehabbing” it to lift it up to standards of the price wanted, renting it to tenants for the passive income, refinancing it to cover the capital invested on it and repeat the process with other properties to build a portfolio. One can make instant equity and you never need to use your own funds but you still benefit.
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Will you be using this strategy for your new ventures?
What is the BRRRR Method and How Does it Work? – The BRRRR Method