How to Make $200K With ONE Rental Property (BRRRR 2.0)

The BRRRR method is one of the most celebrated, highly-effective real estate investing strategies the world has ever known. Never heard of it? BRRRR stands for “Buy, Rehab, Rent, Refinance, Repeat” and is a simple framework to allow any real estate investor, no matter their skill level, to get into real estate investing for no money at the end of the deal. This down payment recycling system allows you to use the same amount of cash to build a real estate portfolio that’ll expand to infinity. And for a while, the BRRRR method was yet to be bested—until now.

Janice Stitzer may have cracked the code. As a house-hacking California native, Janice was pushed out of the golden state right before the last crash when housing prices were high, cash flow was low, and traffic was at a standstill. She and her husband decided to boost their quality of life by relocating to Colorado, where they started a construction company and a BRRRR-ing empire. Then in 2008, when lending screeched to a halt, her BRRRRs died down. But some years later, a new idea hatched—the BRRRR 2.0.

Using this simple strategy, Janice got a brand new short-term rental that cash flows like crazy, all while gaining $200K in equity before her first guest checked in. This repeatable system can be used by almost anyone and doesn’t require much experience. With just five properties, this “BRRRR 2.0” investing style could make you a millionaire. But you won’t know how it works if you don’t tune in! So, stick around!

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Grab the Book on BRRRR Investing:
https://store.biggerpockets.com/products/buy-rehab-rent-refinance-repeat?utm_source=owned_media
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How to Succeed in Real Estate Investing Using the BRRRR Method:
https://www.biggerpockets.com/guides/brrrr-method?utm_source=youtube&utm_medium=description&utm_campaign=none
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14 Questions to Ask Before You Hire a General Contractor:
https://www.biggerpockets.com/blog/contractor-questions?utm_source=youtube&utm_medium=description&utm_campaign=none
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4 Vital Points to Consider BEFORE Getting Into New Construction:
https://www.biggerpockets.com/blog/2015-02-20-important-considerations-construction?utm_source=youtube&utm_medium=description&utm_campaign=none
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Connect with Janice:
Instagram: @backcountryaframe or https://www.instagram.com/backcountryaframe/
Website: https://uncommondeveloper.com/
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Connect with Rob (Robuilt) on YouTube, Instagram, TikTok, and Twitter:
YouTube: https://www.youtube.com/c/Robuilt
Instagram: https://www.instagram.com/robuilt/
TikTok: https://www.tiktok.com/@robuilto
Twitter: https://www.twitter.com/robuiltchannel
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Connect with David and Rob on BiggerPockets:
David: https://www.biggerpockets.com/users/davidgreene24?utm_source=youtube&utm_medium=description&utm_campaign=none
Rob: https://www.biggerpockets.com/users/robuilt?utm_source=youtube&utm_medium=description&utm_campaign=none
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Follow David and BiggerPockets on Instagram:
@davidgreene24 or https://www.instagram.com/davidgreene24/
@biggerpockets or https://www.instagram.com/biggerpockets/

Episode #743

Show notes at: https://www.biggerpockets.com/blog/real-estate-743?utm_source=youtube&utm_medium=description&utm_campaign=none

00:00 Intro
01:16 Quick Tip
02_02 House Hacking and Barely Making it In LA
11:28 BRRRRing Before the Crash
17:23 Taking Out BIG Equity Gains
27:56 The Better BRRRR Method
35:35 New Build Blind Spots to AVOID
50:57 Red Flags When Buying Land
57:52 Connect with Janice!