Channel: BiggerPockets

Category: Education

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Description: The BRRRR method can be taught by no one better than David Greene, author of "Buy, Rehab, Rent, Refinance, Repeat", and adorably dubbed “Sir BRRRR” by co-host Rob Abasolo. While David may be a master of BRRRR budgets, schedules, and rehabs, Rob isn’t as familiar with doing full-on buy, rehab, rent, refinance, and repeat rentals. To not only help out Rob but the BiggerPockets audience as a whole, David does a full walkthrough on his latest BRRRR. This hillside property situated in David’s native San Francisco Bay Area has huge potential to become a cash-flowing, equity-increasing deal. David is turning this large home into multiple smaller units that will rent out to A-class tenants and should net him a six-figure equity boost simply by doing these cash-flow-first renovations. David walks through exactly how to find BRRRR properties, telltale signs of a good (or bad) BRRRR deal, how to use the BiggerPockets BRRRR calculator, funding options for your BRRRR (from David's broker!), writing up a contractor scope of work (SOW), and how to build cash flow when there isn’t any to be found. You’ll also hear how David had a surprise run-in with the cops when walking this property. Action, excitement, and lots of equity are all coming up in this episode! ~~~~ Sign Up for BiggerPockets Pro with Code “REPOD21”: biggerpockets.com/proupgrade?utm_source=youtube&utm_medium=description&utm_campaign=none ~~~~ Grab David’s Book “Buy, Rehab, Rent, Refinance, Repeat”: store.biggerpockets.com/products/buy-rehab-rent-refinance-repeat?utm_source=youtube&utm_medium=description&utm_campaign=none ~~~~ Use the BiggerPockets Calculators on Your Next Deal: BRRRR Calculator: biggerpockets.com/brrrr-calculator?utm_source=youtube&utm_medium=description&utm_campaign=none Rent Estimator: biggerpockets.com/insights/property-searches/new?utm_source=youtube&utm_medium=description&utm_campaign=none Rehab Estimator: biggerpockets.com/rehab-estimator?utm_source=youtube&utm_medium=description&utm_campaign=none ~~~~ Grab J Scott’s “The Book on Estimating Rehab Costs”: store.biggerpockets.com/products/the-book-on-estimating-rehab-costs?utm_source=youtube&utm_medium=description&utm_campaign=none ~~~~ Hear Our Interview with David Greene’s Agent Johnny Hoang: biggerpockets.com/blog/real-estate-583?utm_source=youtube&utm_medium=description&utm_campaign=none ~~~~ Connect, Learn, and Finance Your Deal with David: Invest: investwithdavidgreene.com Learn: davidgreene24.com Get a Mortgage: the1brokerage.com ~~~~ Connect with Rob (Roubilt) on Youtube, Instagram, and Tiktok: Youtube: youtube.com/c/Robuilt Instagram: instagram.com/robuilt TikTok: tiktok.com/@robuilto Twitter: mobile.twitter.com/robuiltchannel ~~~~ Connect with David and Rob on BiggerPockets: David: biggerpockets.com/users/davidgreene24?utm_source=youtube&utm_medium=description&utm_campaign=none Rob: biggerpockets.com/users/robuilt?utm_source=youtube&utm_medium=description&utm_campaign=none ~~~~ Follow David on Instagram: @davidgreene24 or instagram.com/davidgreene24 Episode 598 Show notes at: biggerpockets.com/blog/real-estate-598?utm_source=youtube&utm_medium=description&utm_campaign=none 00:00 Intro 40:13 Financing Your BRRRR Deal 49:50 Commit. Go Pro. Get a Deal 57:01 How Sir BRRRR Funds His Deals