011 - What is BRRRR & CHAMPAGNE PROBLEMS
Jul 06, 2020•45 min
Episode description
WHERE CAN I BRRRR?
- C class neighborhoods with good comps
- Wherever you can find deals
- Hint: you ain't finding BRRRRs on the MLS
- Hint: your realtor probably is gonna get you (m)any BRRRR deals in this market
I HAVE 40 UNITS AND 17k CASH FLOW, WHAT TO DO NOW?
- Simplify, decomplexify
- Tony would sell half and sleep well without having any debt
- John would consolidate into a single ~30 unit apartment complex