BiggerPockets Real Estate Podcast

893: 2024’s New BRRR Strategy: BUILD, Rent, Refinance, Repeat w/Natalie Cloutier

Feb 14, 2024

Natalie Cloutier, a real estate investor, shares her 'super secret method' of building wealth with the build-to-rent strategy. She discusses the advantages of building properties from scratch, mitigating risks in new construction investments, and buying land for construction projects. The podcast also covers the profitability of building properties for rent or sale in 2024.

40:53

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Episode guests

Natalie Cloutier

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Episode notes

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Quick takeaways

Using the build-to-rent strategy allows investors to create profitable deals and build wealth in a competitive market.

Mitigating risk and managing costs in new construction projects can be achieved through open communication, solid relationships with municipalities, and thorough planning.

Deep dives

Using new construction to create profitable deals

Natalie Klutier shares her strategy of using new construction to create profitable deals in the Canadian market. She explains her unique approach of building, renting, refinancing, and repeating, which she calls the BRR 2.0 strategy. By building properties from the ground up and holding them long term, Natalie is able to maximize the value and control over the design and budget of the properties. She emphasizes the importance of finding land, hiring the right team, and doing due diligence to mitigate risks and ensure successful new construction projects.

Introduction

2min

Burr 2.0: Building Properties from the Ground Up

7min

Mitigating Risk in New Construction Investments and Keeping Building Costs Low

3min

Risks and Challenges of New Construction in Real Estate

14min

Buying Land for Construction Projects and Mitigating Risks

9min

House Hacking and New Construction Strategies

3min

Discussing the Profitability of Building Properties for Rent or Sale in 2024

3min

Though only in her thirties, Natalie Cloutier has built a nine-million dollar real estate portfolio with just eight properties. Her secret to success? The “build-to-rent” strategy that so many real estate investors won’t even consider. Most investors feel that the building process is too complicated, expensive, and requires too much effort to be worth the time. But what if this “build-to-rent” strategy allowed you to create your own profitable deals, make massive amounts of equity, and build wealth even in a highly competitive market?

After her parents shared their secret strategy to build wealth, Natalie realized that building rentals, not buying them, was her ticket to financial freedom. But how could she get started? She was a fresh college graduate with no money to her name. Thanks to a no-money-down construction loan, Natalie built her first rental property, a house hack, which ignited her multimillion-dollar real estate portfolio.

In today’s show, she shares her “super secret method” to “building” wealth with the build-to-rent strategy, how to CREATE your own deals in ANY market, what you can expect to pay for a new construction home, how to find land to build on, and the biggest challenge that stops most investors from getting started (you CAN get around this!). Plus, how she’s doing it all in Canada’s unbelievably unaffordable housing market.

In This Episode We Cover:

The build-to-rent strategy and why building trumps buying in 2024

The EASIEST way to get into new construction (copy Natalie’s move!)

How much you can expect to put down when building a new construction rental

Tips to make your new construction rentals cost-effective and save tens of thousands

Where to find land to build on (it’s not as hard as you think)

The one move that will make building a rental MUCH easier for you

And So Much More!

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