MFREE 064 TRAILER #1 WITH WYATT SYMON: THE POWER OF THE BRRRR episode artwork

EPISODE · Feb 18, 2024 · 1 MIN

MFREE 064 TRAILER #1 WITH WYATT SYMON: THE POWER OF THE BRRRR

from The Multifamily Real Estate Experiment Podcast · host Shelon Hutchinson

Aloha, It’s Shelon "Hutch" Hutchinson here! If you’re enjoying 'The Multifamily Real Estate Experiment' podcast, please like, comment, and share our episodes to help us reach and inspire more people. Thank you for your support!And we said, Hey, let's, we're going to use this BRRRR strategy. So for those of you that don't know what BRRRR strategy means, it's when you buy a property, you renovate it, B R R R R, you buy, renovate it, you then rent it, you then refinance it, and repeat. Okay. And the value of the BRRRR strategy for me was the fact that I was able to recycle a line of credit because I was able to buy a property.Improve the value and then refinance all of the money that was initially invested back out to my parents and pay them back interest on top of it, and then pick up a property for quote-unquote free. And after the proof of concept happened on the first one, then I was like, Oh my gosh, I just need to do more and more and more of these.And fast forward, I've done it 46 times successfully now. And that's. What's led to, to where we're at.*=*=*=*=*=*=*=*=*=*=*=*=*=*=*=*=*=*=*=*=*=*=*=*=*=*=*=*=*=*=*=*=*=*=*=*Thank you to all of our listeners!!! We would love to hear from you!!!Email us at:[email protected]    [email protected]*=*=*=*=*=*=*=*=*=*=*=*=*=*=*=*=*=*=*=*=*=*=*=*=*=*=*=*=*=*=*=*=*=*=*=*Visit our website to find out more:www.hsquaredcapital.comJoin our Facebook Group:The Multifamily Real Estate Experiment*=*=*=*=*=*=*=*=*=*=*=*=*=*=*=*=*=*=*=*=*=*=*=*=*=*=*=*=*=*=*=*=*=*=*=*Thank you to all of our listeners!!! We would love to hear from you!!!Email me at:[email protected]*=*=*=*=*=*=*=*=*=*=*=*=*=*=*=*=*=*=*=*=*=*=*=*=*=*=*=*=*=*=*=*=*=*=*=*Visit our website to find out more:www.hsquaredcapital.comJoin our Facebook Group:The Multifamily Real Estate ExperimentFollow us on Instagram:@hutchthemarineinvestor

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Aloha, It’s Shelon "Hutch" Hutchinson here! If you’re enjoying 'The Multifamily Real Estate Experiment' podcast, please like, comment, and share our episodes to help us reach and inspire more people. Thank you for your support! And we said, Hey, let's, we're going to use this BRRRR strategy. So for those of you that don't know what BRRRR strategy means, it's when you buy a property, you renovate it, B R R R R, you buy, renovate it, you then rent it, you then refinance it, and repeat. Okay...

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MFREE 064 TRAILER #1 WITH WYATT SYMON: THE POWER OF THE BRRRR

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