Why You Should Avoid the BRRR Strategy

Summary: The BRRR Strategy (Buy, Rehab, Rent, Refinance) is a hot strategy coined by Brandon Turner of BiggerPockets. The goal is to add enough value to a property so that you can recoup your capital when you refinance. Lane gives his two cents on why this strategy isn't for everyone, especially for individuals who have a higher net worth. Doing BRRR's take up a lot of time and if you're not working with a contractor you can trust, you may end up getting burned. 🎥 Link: https://youtu.be/blqXBWlg3lQ Website Link: https://simplepassivecashflow.com/cons-of-the-brrr-strategy/ 🎁 Free Goodies & Reach out to Lane 👉 https://linktr.ee/laneKawaoka Start learning about real estate investing - SimplePassiveCashflow.com/start Subscribe to the Top-50 Investing Free Podcast - https://podcasts.apple.com/us/podcast... _________________________ Top SimplePassiveCashflow Posts: This website has been going through daily improvements everyday since 2016. I admit things are a bit all over the place as I learn about these investments and wealth tactics. Events – SimplePassiveCashflow.com/events Past Projects - crowdfundaloha.com/past-projects/ Simple Passive Cashflow’s Investor Friend Finder!!! –SimplePassiveCashflow.com/friends Menu of Investing Options – SimplePassiveCashflow.com/menu LaneHack – SimplePassiveCashflow.com/lanehack Passive Investor Accelerator eCourse - SimplePassiveCashflow.com/ecourse Passive Investor Accelerator eCourse & Mastermind - SimplePassiveCashflow.com/journey Coaching – SimplePassiveCashflow.com/coaching Join our Private Investor Club – SimplePassiveCashflow.com/club Join our Team – SimplePassiveCashflow.com/jointeam Our Mission – SimplePassiveCashflow.com/mission Partner Opportunity – SimplePassiveCashflow.com/partner Products I support – SimplePassiveCashflow.com/products About Lane Kawaoka – SimplePassiveCashflow.com/about-me Quarterly Investor Updates – http://simplepassivecashflow.com/inve... SPC YouTube Channel – https://www.youtube.com/channel/UC3cI... Real Estate Book Recommendations – SimplePassiveCashflow.com/books Backwards Engineering Happiness – SimplePassiveCashflow.com/happy Rental Property Analyser – SimplePassiveCashflow.com/analyser Visit Lane in Hawaii – SimplePassiveCashflow.com/retreat Start Here – http://simplepassivecashflow.com/start Ultimate Simple Passive Cashflow Guide to… 1031 Exchanges – Simplepassivecashflow.com/1031guide Newbies – SimplePassiveCashflow.com/noob Infinite Banking – SimplePassiveCashflow.com/banking Your Opportunity fund – SimplePassiveCashflow.com/ofund Taxes – SimplePassiveCashflow.com/tax Tradelines – Simplepassivecashflow.com/tradelines Turnkey Rental Guide: simplepassivecashflow.com/turnkey Syndication Guide – simplepassivecashflow.com/syndication Crowdfunding – SimplePassiveCashflow.com/crowdfunding Networking – SimplePassiveCashflow.com/people Private Money Lending – SimplePassiveCashflow.com/lend Investing in Coffee/Cocoa – SimplePassiveCashflow.com/coffee Investing in Non-Preforming Notes – SimplePassiveCashflow.com/ahp Rent don’t buy – SimplePassiveCashflow.com/home Investor Fallacy: Return of Equity – SimplePassiveCashflow.com/roe How to Calculate Investment Returns – SimplePassiveCashflow.com/returns Why you should break up with your Financial Planner – SimplePassiveCashflow.com/fp Quitting your job – SimplePassiveCashflow.com/quit