59 min listen
669: Seeing Greene: Is BRRRR Investing About to Get Even Better?
669: Seeing Greene: Is BRRRR Investing About to Get Even Better?
ratings:
Length:
60 minutes
Released:
Oct 2, 2022
Format:
Podcast episode
Description
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 2022Real 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 incomeRefinancing a property even if you lack a W2 or don’t have consistent incomeThe right way to find a mentor and taking the “apprenticeship” role instead of asking for adviceWhen to switch property managers and questions to ask before you let them goAnd So Much More!Links from the ShowBiggerPockets Youtube ChannelBiggerPockets ForumsBiggerPockets Pro MembershipBiggerPockets BookstoreBiggerPockets BootcampsBiggerPockets PodcastGet Your Ticket for BPCon 2022Listen to All Your Favorite BiggerPockets Podcasts in One PlaceLearn About Real Estate, The Housing Market, and Money Management with The BiggerPockets PodcastsGet More Deals Done with The BiggerPockets Investing ToolsFind a BiggerPockets Real Estate Meetup in Your AreaDavid's BiggerPockets ProfileDavid's InstagramFind the Real Estate Professional You NeedBiggerPockets Podcast 378 with Brian BurkeBiggerPockets Podcast 649 with Alex HormoziBooks Mentioned in the Show:Buy, Rehab, Rent, Refinance, Repeat by David GreeneLong-Distance Real Estate Investing by David GreeneInvesting in Real Estate with No (and Low) Money Down by Brandon TurnerClick here to check the full show notes: https://www.biggerpockets.com/blog/real-estate-669Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Check out our sponsor page!See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.
Released:
Oct 2, 2022
Format:
Podcast episode
Titles in the series (100)
#1: Building a Successful House Flipping Business and Losing Millions with Marty Boardman: Today we’re excited to announce the launch of the brand new BiggerPockets Radio Podcast. Each week, we will be bringing you incredible real estate investing tips, training, and interviews with actual investors who are in the field, making it happen.... by BiggerPockets Real Estate Podcast