The BRRRR method is sadly…dead…for now, at least. But you can still do BRRRR-strategy-style deals in 2024; you’ll just have to get a bit more creative. A new type of BRRRR is taking over, one that allows you to come in with low (or no) money down, snag a lower mortgage rate and get a completely new property in the process. What’s this new type of BRRRR method, and how do you take advantage?
Zach Lemaster from Rent to Retirement is here to walk us through the new way to do BRRRR deals in 2024. He’s got three tips that will help ANY investor, no matter their experience level, BRRRR like a real estate investing pro. We’re talking about ways to get discounted new construction properties at low interest rates and see BIG appreciation potential, too. Plus, new rental property loans that allow you to put less money down, making your future cash-out refinance even more profitable.
But if you’re tired of BRRRR, we’ve got some more real estate investing strategies you can use to start building wealth in 2024, even during today’s wild housing market. If you want to find some of the new construction deals we discussed in today’s video, check out https://www.renttoretirement.com/!
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What is the BRRRR Method & How to Use it to Invest in Real Estate:
https://www.biggerpockets.com/guides/brrrr-method?utm_source=youtube&utm_medium=description&utm_campaign=none
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Does the BRRRR Method Still Work in 2024?
https://www.biggerpockets.com/blog/real-estate-904?utm_source=youtube&utm_medium=description&utm_campaign=none
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2024’s New BRRR Strategy: BUILD, Rent, Refinance, Repeat:
https://www.biggerpockets.com/blog/real-estate-893?utm_source=youtube&utm_medium=description&utm_campaign=none
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Get Discounted New Construction Rentals At:
https://www.renttoretirement.com/
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Connect with Zach on BiggerPockets:
https://www.biggerpockets.com/users/zacharycole?utm_source=youtube&utm_medium=description&utm_campaign=none
00:00 Is the BRRRR Method Dead?
00:55 What is the BRRRR Strategy?
01:56 How to BRRRR in 2024
02:29 1. Adjust Your Holding Time
03:15 2. Buy New Construction
04:12 3. Try Creative Financing
05:15 Buy in THESE Areas
05:58 Alternative Investment Strategies