The Perfect BRRRR Deal [$63,369.76 Check at Closing!]
π WATCH THIS NEXT: Why I stopped buying single family real estate (& started playing pickleball!)
If you've heard of the BRRRR method in real estate investing, you've probably also heard of the Perfect BRRRR. In today's real estate investing for beginners video, I am going to break down what is the BRRRR strategy, how to do a perfect BRRR method, and more.
I started my journey with house hacking, then wholesale real estate, and now BRRRR investing.
Stay tuned to see how I did it!
*Learn wholesaling from me on Zoom at my Beginner's Bootcamp*
*Connect with me on Instagram*
*Get my wholesaling deal calculator and other tools*
*Get a 7-Day free trial of Propstream*
*Watch these next*
-Wholesaling My First Deal Series (8 episodes!):
-My BRRRR Mistakes Are Piling UP!
-All About House Hacking Playlist
*Read these*
Listen to them on Audible for free:
Read them on Kindle for free:
– Richest Man in Babylon:
– The ABCs of Real Estate Investing:
– The Book on Rental Property Investing:
– The BRRRR Investing Book:
– Rich Dad, Poor Dad:
– The Millionaire Real Estate Agent:
– Never Split the Difference:
*some of the above links may be affiliate links, meaning I make a small commission on the sale at no extra cost to you*
This is BEYOND AMAZING!!!& youβre so right no one has explained it better!!! Letβs go Lili!!! πβ¨β€οΈπ°
glad you enjoyed it!
She is amazing!!!!
Love the meat and potatoes your putting out there. A lot of people give you a high level explanation which doesn’t really teach you ALL the ins and outs. Or, they lock it up in a course and still don’t give you all the ins and outs. Great work, keep it up!
You are 100% correct
I just turned 18 and Iβm currently working on coming into the investing world and getting my first house. Itβs risky making moves like these but I believe that I can and you just made it a lot easier. I know this took a lot out of your time and a lot of planning but thanks for helping usππ½ of course there is a lot more to learn like getting a team together but everything takes time! FYI I took like 5 pages of notes πβ€οΈ
Girl you did that! Congratulations to your success , and thank you for being so transparent about your deal.
Absolutely power packed video. You came clean and complete in this one. You are a gem, unofficially you are my mentor. You made me feel powerful ππΎ
Wow! This is really good stuff! Iβm an aspiring real estate investor and this is the first time Iβve ever hear anyone on YouTube break things down as well as you did! This is not only great in terms of explaining everything but also being thorough and transparent about how you got to your final payout! Thanks so much for sharing. You definitely gained a new subscriber in me!
Iβm new to the channel as of today. Great content detailing hard money and rehabbing. But, my friend not so fast. I love real estate I left my $120k job. I have 37 houses. I saw your comment and feel your passion. But take it slow all Iβm going to say.
I subscribe to so many RE channels and this was about 10 of their videos combined into 1! Very clear, consider, organized, and easy to understand. Wishing you a successful YouTube career on top of real estate!
Thanks so much!
The BRRRR does really work. My wife and I are in the process of buying possible 5 houses taking us to 23 units in all. We did a BRRRR on the first 4 rentals we own. Great video
Hello do you know if it’s possible to get a hard money loan for a fix and flip when you pay a mortgage?
You did an amazing job queen! With so much to unpack itβs easy to leave out the taxes but overall great job! Exchanging hard money to conventional loan after refi should be the next video to clarify how the debt services affect your profits.
That kind you for motivating me to take the steps into buy/sell homes. Itβs great to see another black woman leading the way and teaching others. Love it
Loooooved this! I am just starting my research and information gathering and this was sooooo helpful! Thank you sister!!!
You are so savvy so honest son knowledgeable! I feel Iβm ready and I was so scared but you inspire me every day to start and move forward. Thank you so much for sharing all your abilities. I am a single mother tired of working for a weekly check! Iβm trying to get into wholesaling already have my investors list and a possible seller. I canβt thank you enough. You are awesome!β€οΈ
THE BEST video (and resource in general) that I’ve seen on BRRRR! So incredibly helpful. We’re in the process of our first BRRRR and this just made everything much clearer. Thank you, Lili!!!!!!
Glad it was helpful!
So clear and so real. Really appreciate the work you put into these videos and the attitude towards the work you have ahead of you in these houses is really awesome and inspiring. You really break down those numbers. No BS.
I appreciate you!
This video was exactly what I needed. Great job breaking it down! Is it guaranteed that you can go back and refinance the property? Have you ever been denied refinancing? If so what would you do in that situation?
Wow Lili youβre such an inspiration for us minorities In the real estate game and since watching your first wholesale deals to now itβs so great to see the growth
Iβve been blessed to earn up to 50K from wholesaling in one year and hope to be on your level one day
You go queen keep inspiring π
Wow, thank you!
Iβm a realtor in Fl and this is one of the best if not the best in-depth breakdowns l have seen with a lot of information. Youβve earned my follow! Keep up the great work!
Beautifully done. Iβm excited to learn more about this industry and get some beautifully done deals myself.
Inflation and Recessions are part of the economic cycle, all you can do is make sure you’re prepared and plan accordingly. I graduated into a recession (2009). My 1st job after college was aerial acrobat on cruise ships. Today I’m a VP at a global company, own 3 rental properties, invest in stocks and biz, built my own business, and have my net worth increase by $500k in the last 4 years.
Let’s face it… buying more stocks & index funds during stock market corrections and bear markets is scary. Which makes it really hard to do for most people like me. I have 260k i want to transfer into an s&s isa but its hard to bite the bullet and do it.
You need a Financial Advisor my friend so you don’t get ripped off in the market. They provide personalized advice to individuals based on their risk appetite, placing them among the best of the best. There are bad ones, but some with good track records can be very good.
I agree with you totally, Yes they can be positively impactful to an individual’s portfolio. I started with a trust Financial Adviser named ” ROCH DUNGCA-SCHREIBER* “. She is verifiable and her work ethic complies with the US Investment Act of 1940. Her approach is transparent, allowing full ownership and control of my portfolio with very reasonable fees relative to my portfolio earnings.
I know I’ve wanted to start investing for a few months, but just haven’t had the courage to start because the market has been down for most of this year. Please how can I reckon with such skills and what are his services like?
She covers things like investing, insurance, making sure retirement is well funded and looking at ways to have a volatility buffer for investment risk, lots of things like that. You can take a look at her full name on the internet. She is renowned. So it shouldn’t be difficult to find her official webpage
Thank you for the video. This was a great, in-depth and humble explanation of your success story. Amazing job!