BiggerPockets Real Estate Podcast
The BRRRR Formula Has Changed (It Still Makes You Rich) | AMA (Ask Meyer Anything)
Feb 21, 2025
The podcast dives into the revamped BRRRR strategy amidst rising interest rates and high home prices. Listeners learn how to discover undervalued properties for profitable investments. An aspiring 18-year-old investor is advised to pause before diving into rentals. The discussion also highlights the transition from single-family to multifamily rentals, emphasizing patience and strategic growth. Additionally, the risks of investing in small towns are explored, along with tips on how to navigate the market smartly.
38:55
AI Summary
AI Chapters
Episode notes
Podcast summary created with Snipd AI
Quick takeaways
- The BRRRR strategy still thrives in today's market, emphasizing the importance of sourcing exceptional deals despite higher interest rates and costs.
- Investors should approach multifamily investments cautiously, gaining experience from smaller properties before tackling larger developments to mitigate risks.
Deep dives
Strategies for Finding Deals in a Challenging Market
In the current real estate environment, effective strategies for sourcing deals are crucial. Investors often face rising interest rates and fluctuating property values, prompting a focus on either direct mail campaigns or leveraging relationships with real estate agents for off-market deals. Given the choice between spending time or money, it's essential for investors to assess their resources and select a method that aligns with their situation. The discussion emphasizes that while there may be fewer deals, persistence and a tailored approach to outreach can yield positive results.
Remember Everything You Learn from Podcasts
Save insights instantly, chat with episodes, and build lasting knowledge - all powered by AI.
