It may be easy to confuse with a noise you make when the temperature levels drop outside, however this somewhat unusual acronym has absolutely nothing to do with winter season weather condition. BRRRR stands for Buy, Rehab, Rent, Refinance, Repeat. This technique has actually acquired a fair bit of traction and appeal in the property community recently, and can be a clever method to make passive income or construct an extensive investment portfolio.
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While the BRRRR technique has numerous actions and has been fine-tuned throughout the years, the concepts behind it - to purchase a residential or commercial property at a low cost and improve its worth to construct equity and increase money flow - is nothing new. However, you'll want to think about each action and understand the of this method before you dive in and devote to it.
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Pros and Cons of BRRRR

Like any income stream, there are advantages and disadvantages to be familiar with with the BRRRR method.

Potential to make a substantial quantity of money

Provided that you're able to purchase a residential or commercial property at a low enough rate and that the worth of the home boosts after you lease it out, you can make back far more than you take into it.

Ongoing, passive earnings source

The primary appeal of the BRRRR approach is that it can be a relatively passive income