598: How to "Invest on Repeat" with The BRRRR Strategy

<p>The <a href="https://www.biggerpockets.com/guides/brrrr-method" rel="noopener noreferrer" target="_blank"><strong>BRRRR method</strong></a> can be taught by no one better than <strong>David Greene</strong>,<strong> author of </strong><a href="https://store.biggerpockets.com/products/buy-rehab-rent-refinance-repeat" rel="noopener noreferrer" target="_blank"><strong><em>Buy, Rehab, Rent, Refinance, Repeat</em></strong></a>, and adorably dubbed “<strong>Sir BRRRR</strong>” by co-host <strong>Rob Abasolo</strong>. While David may be a master of BRRRR budgets, schedules, and rehabs, Rob isn’t as familiar with doing full-on <strong>buy, rehab, rent, refinance, and repeat</strong> rentals. To not only help out Rob but the BiggerPockets audience as a whole, David does a<strong> full walkthrough on his latest BRRRR</strong>.</p><p>This <strong>hillside property</strong> situated in David’s native San Francisco Bay Area has huge potential to become a <strong>cash-flowing, equity-increasing deal</strong>. David is <strong>turning this large home into multiple smaller units</strong> that will rent out to A-class tenants and should net him a six-figure equity boost simply by doing these cash-flow-first renovations.</p><p>David walks through exactly <strong>how to find BRRRR properties</strong>, telltale <strong>signs of a good (or bad) BRRRR</strong> deal, how to use the <a href="https://www.biggerpockets.com/brrrr-calculator" rel="noopener noreferrer" target="_blank"><strong>BiggerPockets BRRRR calculator</strong></a>, funding options for your BRRRR (from David's broker!), writing up a <strong>contractor scope of work (SOW)</strong>, and how to build cash flow when there isn’t any to be found. You’ll also hear how David had a surprise run-in with the cops when walking this property. Action, excitement, and lots of equity are all coming up in this episode!</p><p>In This Episode We Cover:</p><p>The first signs that a property may be a<strong> great BRRRR deal&nbsp;</strong></p><p><strong>Using the BiggerPockets BRR