Accelerating Your BRRRR Strategy with Jared Henderson

<p><strong>Why you have to check out this episode:</strong></p> <ul> <li>Find out what deals to go into to speed up your BRRRR strategy</li> <li>Find out what existing layout you need to consider for your property deals so you maximize revenue.</li> <li>Discover a property software that helps users advertise through an automated process and keeps your team organized to scale up your portfolio.</li> </ul> <p>With COVID stalling many businesses and the challenges you meet, how do you pivot and find strategies that are cash flowing and provide a return on investment?</p> <p>In this episode, Jared shares how he started investing in different markets and landed in Peterborough's student rentals. He also talks about the deals he focuses on that speed up his BRRRR strategy, eyeing a goal of a 100-unit portfolio when he turns 45.</p> <p><strong>Jared Henderson</strong> started investing in 2012 in the Golden Horseshoe at the other end in Niagara Falls and wound up in Peterborough after experimenting in a few different markets. The BRRRR process is his main strategy.</p> <p><strong>Topics Covered:</strong></p> <p>03:21 - What got him into real estate investing?</p> <p>04:49 - From Condos to duplexes and the challenges</p> <p>08:34 - Raised bungalow conversion to second suites</p> <p>10:58 - Why student rentals, right tenant screening</p> <p>15:28 - Reason for getting into the legal conversion strategy</p> <p>17:40 - Deals he looks into in Peterborough, an existing layout, areas to go for or stay away from</p> <p>22:22 - Sourcing deals and his successful off-market deals</p> <p>26:49 - Finding contractors, funding deals, and raising capital</p> <p>31:23 - How he manages his properties</p> <p>33:03 - Going over a project he just recently refinanced</p> <p>42:20 - His travel plans</p> <p>42:33 - Book recommendation</p> <p>43:06 - What he would tell his own self when he was just starting out</p> <p><strong>Episode Takeaways:</strong></p> <p>"Why do I want to get into student rentals even when people say that they just par