How I Bought My 4th Midterm Rental After Losing the Deal (BRRRR Breakdown)

In this episode of The Midterm Rental Show, I’m breaking down every detail of the fourth midterm rental property I ever bought — the good, the bad, and everything in between.This deal started with a lowball offer on an $80,000 listing, a motivated seller, and a property I thought I had locked up… until it went under contract with someone else. Two weeks later, the deal fell apart — and that’s when things got interesting.I walk you through:How I negotiated this property from $80K down to $60KWhy losing a deal isn’t always the end (and can be a huge advantage)Using a hard money loan to close fastExecuting a BRRRR strategy with a full renovationHow my handyman completed a full rehab in just two weeksWhat went wrong during the refinance (lower appraisal + surprise liens)How the title company mistake almost cost me thousandsFinal numbers, cash invested, and real-world lessons learnedActual booking data and occupancy after launchThis deal definitely had its ups and downs, but it’s a perfect example of what real estate actually looks like behind the scenes — not just the highlight reel.If you’re investing in midterm rentals, considering BRRRR deals, or want a realistic look at what can go wrong (and how to handle it), this episode is for you.If you have questions, drop them in the comments — and I’ll see you in the next episode.