The BRRRR method involves buying a property, rehabbing it, renting it, refinancing it, and then repeating the steps over and over again. But it’s a strategy that only advanced real estate investors should use.

Make sure you’re committed to real estate investing. Then, ask yourself these five questions before buying a property. By doing these two things, you’re setting yourself up for passive wealth.

Calculating how much you’ll pay in property management fees is easy. First, determine which common rate influencers apply to you. Second, add up the cost of the property management services you want to utilize. Finally — enjoy your passive income and time freedom!

The 2007 housing market was overly expensive and crashed because of loose regulations. The 2022 housing market is strong because of fair pricing for an overwhelming demand of a lacking supply.

While the average down payment is 5% for first-time home buyers and 10% for second-time home buyers, you can put as little as 0% or as much as 25%+ down. It’s best to save up and invest in the largest down payment you can manage. That way you can increase your return and cash flow!

Document all of your rental property expenses (every single one). Then deduct your mortgage interest, property taxes, depreciation, insurance, repairs, utilities, employees/contractors, professional services, travel, home office, and advertising expenses from your rental property taxes.

Know what principal, interest, loan term, and interest rate mean. Then choose from the best unconventional and conventional mortgage loan options.

Cash flow isn’t just rent minus mortgage. It’s rent minus all of your rental property’s fixed and variable expenses.

Hiring a property manager can reward you with more time, less stress, and higher rent! But first, you need to manage them by asking them good questions and consistently communicating with them.

Once you’ve reached a deal with a seller, you need to officially close on the property before it’s yours. Before you close, you’ll conduct due diligence and complete a variety of pre-closing tasks. After you close, there are some helpful post-closing tasks that’ll help you in the long run!

Create your ideal “buy box” requirements and then find deals through a realtor, online websites, courthouse auctions, or your network.

Have funds ready in your account within 90 days of extending an offer, choose from cash, conventional, private, or hard money loans, and prepare documents in advance for potential lenders.

There are three real estate market types. Cyclical markets are volatile, linear markets are steady-growth, and hybrid markets are a mix of the two.

Acquisition Alert - Latest addition with all the details and analysis!

Follow these steps to a better financial future. It’s as simple as saving more than you spend, budgeting, eliminating debt, and then investing.

If you follow these 9 steps, you can get started investing in real estate today.

Cash flow investing provides steady income and allows you to reach your financial goals faster. Appreciation investing allows for massive upside or massive loss.

The massive upside of real estate is hard to beat. Stocks can (sometimes) be easier to manage, though.

Real estate provides massive earning potential and control over your investments. A 401k can be more passive but is very limited.