FIXER UPPER RENTALS (B.R.R.R.R.) With Brandon Turner WELCOME! - PowerPoint PPT Presentation

Year Loan Value (3%) Equity Year one: $165,000 $200,000 $35,000 Year two: $163,000 $206,000 $43,000 Year three: $160,500 $212,000 $51,500 Year four: $158,000 $218,000 $60,000 Year Five: $155,000 $225,000 $70,000

IF YOU SOLD THAT PROPERTY AFTER 5 YEARS… HOW MUCH WOULD YOU HAVE?

ABOUT $50,000

ABOUT $50,000 (taxed at the lower “long term” rate and with no employment tax on it!)

SO… WHAT IF YOU DID JUST 2 BRRRR DEALS PER YEAR?

IF YOU JUST BOUGHT 2 AND SOLD 2 BRRRR DEALS A YEAR, YOU COULD REALISTICALLY GENERATE $100,000 PER YEAR IN INCOME AFTER FIVE YEARS.

Dangers/Risks of the BRRR Strategy

Dangers/Risks of the BRRR Strategy

Dangers/Risks of the BRRR Strategy • Don’t buy low enough.

Dangers/Risks of the BRRR Strategy • Don’t buy low enough. • Can’t get the refinance.

Dangers/Risks of the BRRR Strategy • Don’t buy low enough. • Can’t get the refinance. • First loan is too short, time runs out.

Dangers/Risks of the BRRRR Strategy • Don’t buy low enough. • Can’t get the refinance. • First loan is too short, time runs out. • You suck at being a landlord.

THEREFORE… TO AVOID THE BIGGEST BRRRR PITFALLS, YOU MUST DO…

THE MATH

TWO METHODS TO DO THE MATH: BY HAND SOFTWARE

The BiggerPockets Property Analysis Calculators! THEREFORE… TO AVOID THE BIGGEST BRRRR PITFALLS, YOU MUST DO… www.BiggerPockets.com/analysis

NOW LET ME ASK THREE IMPORTANT QUESTIONS…

1.) DO YOU UNDERSTAND THE BRRRR PROCESS?

2.) ARE YOU COMMITTED TO LIVING PROACTIVELY THIS YEAR TO REACH YOUR GOALS?

3.) ARE YOU WILLING TO WORK HARD TO ACHIEVE ALL YOUR GOALS?

GREAT! BUT…

Investing in real estate can often feel like this:

But that’s a lie.

This is not just theory. This is how thousands of real estate investors, including myself, have found financial freedom.

But it only works if you work.

www.BiggerPockets.com/ProUpgrade code: 125

LET’S TALK ABOUT A SIMPLE ACTION YOU CAN TAKE TODAY THAT WILL HELP MAKE YOUR REAL ESTATE JOURNEY SMOOTHER.