A recent report on Bankrate.com reminds us that the acronym BRRRR is not a signal that it’s cold, but rather a strategy that many investors may know well; Buy, Rehab, Rent, Refinance, Repeat. Bankrate says the BRRRR method requires some advanced-level real estate expertise, but the thinking behind it is simple: Increase the value of distressed or older properties to make them attractive enough to rent, then leverage that appreciation to continue acquiring more properties for more rental income. They say that, if done right, the BRRRR method is a pathway to collecting passive income and building a large portfolio of rental properties. Continue reading HERE...
Metro East REIA
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