Buy, Rehab, Rent, Refinance, Repeat · the BRRRR Rental Property Investment Strategy Made Simple by Greene, David M. -- Read -- Imperial Library of Trantor

Index

Buy, Rehab, Rent, Refinance, Repeat Praise for Buy, Rehab, Rent, Refinance, Repeat Copyright Dedication Table of Contents PART ONE | INTRODUCTION TO BRRRR

My Story How BRRRR Supercharged My Success

CHAPTER ONE | Getting to Know the BRRRR Method

Why BRRRR Is Better Than Traditional Financing The Traditional Method Explained The BRRRR Method How BRRRR Increases Your ROI How to Increase Your ROI BRRRR Gets the Most Out of Your Capital BRRRR Increases the Velocity of Your Money BRRRR Increases the Efficiency of Your Investing A Story from My Own Life What You Will Learn from This Book How Learning to BRRRR Will Make You a Better Investor Recovering More of Your Capital Allows You to Buy More Deals How Getting More Capital Back in a Deal Will Make You a Better Investor How Learning to BRRRR Will Supercharge Your Wealth Key Points

PART TWO | BUYING GREAT DEALS CHAPTER TWO | Buying Under Market Value

The Three Forms of Distress Rules of Thumb How Properties Are Valued Tricks for Understanding and Increasing a Property's Value Finding Property Deals and Analyzing Them Rockstars Know Rockstars-Finding Talent to Help You Find Deals Rockstars Play with Rockstars Practical Advice for Proving Your Value to Top-Level Talent Using Wholesalers to Find Deals How BRRRR Helps You to Pay Under Market Value Cash Offers Are Stronger Cash Offers Open Doors to Buy Homes that Aren't Eligible for Financing Example of a Real-Life BRRRR Why Mastering "Buy" Is the Most Important Part of Real Estate Investing Positioning Yourself Safely for Market Corrections BRRRR Allows You to Pull More Money Out Than You Put In Key Points

CHAPTER THREE | How to Find Deals

All About Agents Calling Team Leaders/Brokers to Ask for Top Talent All the Ways to Find Agents Wholesalers Alternative Methods of Finding Deals Key Points

PART THREE | THE REHAB PROCESS CHAPTER FOUR | Rehabbing Like a Pro

Finding a Rockstar Contractor/Handyman Make Top Priorities a Top Priority Finding Team Members Who Also Invest Bringing Value First Finding Contractors through Networking with Other Investors (and Others) Using Handymen in a Rehab to Save Money How to Receive Bids from Your Contractor Two Types of Contractors Turning Your Bid into a Contract Creating a System with Your Contractor for Repeat Business Upgrade Hacking Why Upgrade Hacking Fits Well with the BRRRR Model Key Points

CHAPTER FIVE | Common Rehab Strategies

Adding Square Footage to Increase Your Property's Value Adding Bedrooms and Bathrooms Adding Value through Strategic Remodeling Landscaping Tricks Miscellaneous Common Rehab Ideas How I Lost $5,000 Because of a Bad Roof Running Your Rehab How to Use a Team Member to Check on the Progress of Your Rehab Brandon Turner's Story Key Points

PART FOUR | THE RENTAL PROCESS CHAPTER SIX | Understanding Rent Prices

Finding Preliminary Rent Estimates Finding More Accurate Rental Estimates Asking Other Investors in the Area Asking Property Managers Asking Agents to Provide Rental Comps from the MLS How to Determine if Rents Are Likely to Increase Factors that Determine Where to Live Determining Supply DOM Property Manager "Turn Times" Craigslist Permit Watch Property Manager Yearly Rent Increases Downtown Construction Real Estate Agent Intel Research Your Competition Using Better Materials Buying in the "Path of Progress" Buyer Bob's Story A Case Study of San Francisco The "Can You Believe That House Sold for That Much?" Talk Key Points

CHAPTER SEVEN | Tenant Tips

How to Find, and Keep, Great Tenants Lower Vacancy Self-Management vs. Professional Management How to Find a Great Property Manager How to Interview Your Property Manager How to Establish Systems with Your Property Manager Key Points

PART FIVE | THE REFINANCE PROCESS CHAPTER EIGHT | Choosing Your Lender

Getting the Loan, and Asking the Right Questions Portfolio Lenders Relationship Building Advice with Portfolio Lenders How Many Loans Can I Have with Your Institution? What Is Your Institution's Appetite for Residential Loans? Key Points

CHAPTER NINE | The Value in Financing

Loan to Value vs. Loan to Cost Different Types of Loan Products Which Types of Loans Work for Investors? The Story of Insightful Ivan To Leverage or Not to Leverage? That Is the Question Other People's Money Low Interest Rates Long Amortization Periods Real Estate Is Low Risk Inflation Hedge Don't Just Work for Money Exit Strategies: How the Refinance in BRRRR Compares with the Sale of a Flip The Argument Against Flipping Selling a Property Is a Costly Endeavor Refinancing Is Tax-Free Money When a BRRRR Goes Great Key Points

PART SIX | REPEAT: BUILDING SYSTEMS TO RUN YOUR BUSINESS LIKE A BUSINESS CHAPTER TEN | Building Systems to Increase Your Success

The "Four E's" The Pareto Principle Benefits to Building Systems Benefits to Leverage (or "Employable" Tasks) How Repetition Increases the Performance of the Four E's Persistence Is the Key to Success Using Funnels to Find Talent Using Your Failures to Improve Your Business Key Points

CHAPTER ELEVEN | Scaling Your System for Increased Success

Real Estate Is a Get-Rich-Slow Game Systems Provide Opportunities How Systems Help You Master the Five Elements of BRRRR Building Your Network Through Repeat Business The Story of a Fisherman's Journey Using Systems to Find Deals Through Others Staying Top of Mind The Impact of Compound Interest Value Through Volume: How Investing at Scale Gives You a Competitive Advantage Key Points

PART SEVEN | DIGGING DEEPER CHAPTER TWELVE | Arguments Against BRRRR

Key Points

CHAPTER THIRTEEN | How You Should Expect BRRRR to Improve Your Results

What Kind of an Investor Do You Want to Be?

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