Some of the Topics Being Covered
- Why the BRRRR model vs other types of strategies
- Pros and Cons to the BRRRR Strategy
- Examples of properties I completed with the BRRRR strategy
- Setting up your team of experts: who you need on your team and how to find them (I will share my team as well for students that want that information)
- The Buying Process and Finding great deals
- What to look for when purchasing a BRRRR deal
- What types of properties to stay away from
- Market Fundamentals: What markets are best for the BRRRR strategy and using the checklist to analyze markets
- Setting up your searches
- Setting up your team of realtors and wholesalers
- Off-market finds
- Getting your financing ready
- Discussing the BRRRR strategy and options to BRRRR with current on market deals
- Estimating Renovation costs
- BRRRR deals: on market, in completion and completed BRRRRs
- Understanding the renovation process
- Analyzing the financials on completed BRRRR deals,
- Renos done and costs
- The financials: All you need to know about analyzing and running the numbers for a BRRRR deal
- Screening and selecting tenants: the 5 complete and thorough steps with all the documentation I use
- Standard lease agreement and the 20 pages of addendum you will want to add to it
- Tenant and Property Management
- Understanding the Residential Tenancies Act
- Financing overview using the BRRRR strategy
- Lenders and Expectations from lenders
- Scaling up your portfolio: Different strategies
- JV’s and Finding private money (if and when needed)
- BRRRRing small multifamily properties
- Conversions and legalizing properties: Duplex’s & triplex’s
- Exit Strategies
Complete and Continue
