BRRRR investing has become one of the most popular real estate investing strategies across the United States. But, the great contractor shortage of 2020 and 2021 almost decimated BRRRR investors. Record high prices, dragged-out timelines, and the inability to rely on almost anyone to fix up houses brought this strategy close to extinction. But now, we’re seeing a second wind of BRRRR investing as contractors aren’t being stretched so thin and competition for real estate starts to slump.
Welcome back to another episode of Seeing Greene, where your “I don’t seek validation, validation seeks me” host, David Greene, is back to answer your questions on anything related to real estate. In this episode, we talk about investing methods such as the BRRRR strategy, real estate syndication investing, becoming a real estate professional, and more. We’ll also touch on some deeper topics like why so many new real estate investors crave validation, how to know when to fire your property management company, and the medieval meaning of “racking your brain.”
Want to ask David a question? If so, submit your question here so David can answer it on the next episode of Seeing Greene. Hop on the BiggerPockets forums and ask other investors their take, or follow David on Instagram to see when he’s going live so you can hop on a live Q&A and get your question answered on the spot!
In This Episode We Cover:
How less competition for contractors could make the BRRRR strategy much more viable in 2022
Real estate syndications vs. investing in your own deals (and how to know which is a better choice)
Becoming a real estate professional to significantly lower your taxable income
Refinancing a property even if you lack a W2 or don’t have consistent income
The right way to find a mentor and taking the “apprenticeship” role instead of asking for advice
When to switch property managers and questions to ask before you let them go
And So Much More!
Links from the Show
BiggerPockets Youtube Channel
BiggerPockets Forums
BiggerPockets Pro Membership
BiggerPockets Bookstore
BiggerPockets Bootcamps
BiggerPockets Podcast
Get Your Ticket for BPCon 2022
Listen to All Your Favorite BiggerPockets Podcasts in One Place
Learn About Real Estate, The Housing Market, and Money Management with The BiggerPockets Podcasts
Get More Deals Done with The BiggerPockets Investing Tools
Find a BiggerPockets Real Estate Meetup in Your Area
David's BiggerPockets Profile
David's Instagram
Find the Real Estate Professional You Need
BiggerPockets Podcast 378 with Brian Burke
BiggerPockets Podcast 649 with Alex Hormozi
Books Mentioned in the Show:
Buy, Rehab, Rent, Refinance, Repeat by David Greene
Long-Distance Real Estate Investing by David Greene
Investing in Real Estate with No (and Low) Money Down by Brandon Turner
Click here to check the full show notes: https://www.biggerpockets.com/blog/real-estate-669
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