BRRRR real estate can make you rich. Seriously—James Dainard used the BRRRR method to go from eight rental properties to one THOUSAND rental properties in just fifteen years. Because of this, he’s become the expert on the buy, rehab, rent, refinance, repeat method, and today, he’ll walk through the basics of underwriting and analyzing a BRRRR real estate deal BEFORE you buy it, so you can “hyper-explode” your portfolio just like he did.

Before you buy your first BRRRR property, there are a few things you’ll need: after-repair value, estimated cash flow, and the ability to refinance, so you’re not forced to sell the BRRRR, turning it into just a flip. If you follow all the BRRRR steps that James outlines today, you’ll have no problem buying, rehabbing, holding, and later selling your property for even bigger gains. But, if you don’t follow these steps, you may find yourself overspending, overworking, and without much wealth to show for it.

~~~~
Join BiggerPockets for FREE 👇
https://www.biggerpockets.com/signup?utm_source=owned_media
~~~~
Find an Investor-Friendly Agent in Your Area:
http://biggerpockets.com/agentmatch
~~~~
Find Investor-Friendly Lenders:
http://biggerpockets.com/findlenders
~~~~
Try the BiggerPockets BRRRR Calculator and Rent Estimator:
BRRRR Calculator: https://www.biggerpockets.com/brrrr-calculator?utm_source=youtube&utm_medium=description&utm_campaign=none
Rent Estimator: https://www.biggerpockets.com/insights/property-searches/new?utm_source=owned_media
~~~~
Watch James on the “On The Market” YouTube Channel:
https://www.youtube.com/channel/UCxDXuLvtjJ9Est8PrG3i2VA
~~~~
Hear James on The “On The Market” Podcast Wherever You Listen to Podcasts:
https://link.chtbl.com/OTM
~~~~
James’ “Mega BRRRR” Property:
https://youtu.be/s9UtxqtiXRI?si=ItLEaIl4KJR7lH4k
~~~~
Connect with James on BiggerPockets:
https://www.biggerpockets.com/users/jdainflips?utm_source=youtube&utm_medium=description&utm_campaign=none
~~~~
Learn More from James:
https://jamesdainard.com/
~~~~
Subscribe to ProjectRE with James Dainard:
https://www.youtube.com/channel/UCEn-t8zRFsGeI4b8X3cX71A
~~~~
Follow James on Instagram:
@jdainflips or https://www.instagram.com/jdainflips

00:00 How to Analyze a BRRRR Deal
00:33 What is BRRRR Real Estate?
01:15 Follow These Rules
03:11 1. Calculate Your ARV
06:03 2. Build Your Scope of Rehab
06:55 3. Know Your Lending Costs
08:07 4. Use This BRRRR Formula
08:56 5. Evaluate Cash Flow
12:35 The Perfect BRRRR