How do you BRRRR in todays market?

Posting as :
works at
You are currently posting as works at

buy with cash the acronym doesn’t change

like

I wear a coat

funny

You don’t BRRRR right now. Wait for rates to decline.

like

Data centers, preferred equity, utility scale renewables

like

Those are the hot plays in RE right now

like

You need to buy very deeply discounted in the right markets.

like

I've seen slow BRRRR - getting interest only for a time while reserves and costs are established, then deciding to either sell or rent based on income. I have not done this, but I have heard about it.

Related Posts

Is Mandy.com still any good? Haven’t used them since they put up a paywall. Trying to decide if it’s worth the price.

How does Deloitte stack up against MBB in the healthcare space (size/scale of clients, type of work, etc.)? My understanding is that they are all on the same level, and that D is #1 in healthcare m&a.

like

Could this be an ICO? This seems like a massive crypto play.

Post Photo
like

25 Years old in Toronto - stressed about finances 24/7 and really impacting mental health. How do y’all maintain peace with savings goals / aspirations.

like

Life can really change in no time. It so hard to believe how things have changed so much for all us in last 8 weeks. Its important to live & enjoy the present which I nvr really did. I am afraid of missing out on my life nd social relations (which am already struggling at) 😓

like

What is 'Customer Success Team BU' in LTI? Does anyone have any background?

like

I'm a Microsoft Power platform Developer, looking for the referral. I'm interested to work in any company for this role.

like

Need some advice on renting here in ATX.

Back in May 2021, I rented a property that had sustained damage during the big snow storm. This wasn't disclosed at lease signing. The home leaked every time it rained, mold was found in the home & the LL failed to make repairs that resulted in me falling down a flight of stairs. I moved out& rented an apt for 2 mos before signing a lease on the house I live in now. This house has a serious big problem& I've found mold here too. Continued below

like

Does TCS employees get any special discount in Croma stores?

like
like

Just posting to say I want out of litigation so bad. Going lose my mind if I have to write another default motion 🙃

like

In your opinion - What type of property is the easiest to sell?

like

Been living in a luxury building for about a year and start noticing that I have a mild cough when I’m in the building. Thought it’s just something residual after my cold but then I went for a week out of town and it disappeared completely only to start again when I got back and stepped into my building. Anyone experienced anything like that? I’m not going crazy, am I?

like

3 years in this apartment without any pests or bugs..2 months before I move out I wake up to a mouse freaking out in one of my bags. I grab the top of the bag and walk it out.. as I’m walking it out I see a mouse that looked just like the one I saw in my bag run past me. Not sure how it would’ve gotten out but I’m so grossed out rn and confused as how it got in 😭😭😭😭😭😭😭😭😭😭

funny

Received offer from UBS at last moment. I have just 1 week to decide. Both Offers are same. Please help to decide
Credit Suisse Vs UBS
Comparing WLB, Pay & Bonus, Onsite Opportunities, Employee Benefits, Leave Policy YOE - 10.5 Yrs (.Net)

How is assistant manager-processing GSC’s? What is the salary range??

like

22/8/22 check-in. What is everyone up to today?

Chest day for me. Just hit a new PR for my 1RM on bench!

likeuplifting

Lets be real

Post Photo
like

How is Karmarama these days? Good work + nice people? Can’t access the campaign school reports…

like

Hi All
Looking for Oracle Apps DBA for PwC permanent role. Experience desired is 5-8 years. If interested then please share your resume on arun.a.agrawal@pwc.com.

Additional Posts in The Real Estate Bowl

Is it safe to buy new home now with high interest rates ,high home prices and recession in near future?

likefunny

What's the best city in UK to buy a buy to let property, with best returns?

like

NJ market - Cousin of mine who has >500 rental properties advised that over next 3 yrs it’s possible for me to get 3 multi-fams if I buy 1 every year for next 3 years, by doing FHA on the first so 3.5% down and then doing less than 10% down on the next 2 if I do it right. Everywhere I read not seeing how that’s possible. can anyone explain pls? Is there a hack that after getting the 1st owner-occupied prop, I don’t have to put more than 10% down on 2nd home, and on 3rd??

like

If I’m a Real Estate Agent buying my own property, can I negotiate the Buyers Agent commission to be 0% instead of being paid the buyers commission? Essentially converting what would be Income into Cost Savings for tax purposes?

like

Commercial real estate question. When a residential property will likely zone commercial in the coming years, do we, the owner, wait for a buyer/developer to contact us?

like

Better mortgage vs. Rocket mortgage - anyone shopped with both and what swing your decision?

like

For any of you real estate investors, what tools or sources did you learn from when getting started. Can’t find a mentor currently so want to find some highly recommended books or videos. If focused on the tri-state area (NY, NJ, Long Island mainly) that would be even better. My hope is to buy and rent out a apartment while also owning a house and house hacking that by renting part of it out. Trying to understand all the steps, traps, and how to find if it’s a good investment.

like

I bought a property with 5% down. If after a couple of years I decide to move and rent this out, can I buy another property to live in for 5% down or does it need to be 20-25% down?

like

Went into a multi family property 50/50 with a relative against my gut. Things are going horrible. Need to get out. Best options? Buy him out? He invested maybe 4-5K in time (demolition work) and 2K in cash. I’ve managed the whole thing for 9 months. 10% of gross rents (as a management fee) would be about the same (6-7K)). Bought at low in market just after COVID hit. I want to keep the building. Seems fair to give him his initial investment back + some additional money for market gains. Help!

like

I'm early in my career, managed to save $30K to invest, and want to get my hands dirty with a rental property without too much risk (e.g. no HML/flipping). It sounds like that's a tall order in the NY/CT area given the prices, not to mention whether I'd be able to get a mortgage on anything below $100K, but I figure I'll give it a shot anyway. Any advice on what you might do in my position? Am I being crazy with this idea?

like

28 year old with ~125k in cash/brokerage. Have been wanting to begin purchasing rentals but anxious to use a good bit of my liquid savings. Thoughts on biting the bullet vs. investing in stocks. In Houston if that is a factor

like

Any Property Management recs in Seattle area? :(

like

I have over 12 years in B2B sales/sales management experience along with a graduate degree. I am wanting to shift gears and I am at a point where I can invest time in myself to learn through practical experience. The new industry I am wanting to pursue is real estate investment. I have read all the books but want some hands on experience on the property management side. How could I best leverage my skills for a role in this, and what should my expectations be for negotiation in compensation?

My assumption is that one makes money in RE with leverage. So, would you never let your equity in any given property get above certain% (I.e re-leverage and invest elsewhere) or would one eventually want to own a property outright?

like

What is the term for giving your home buyers a credit for immediate renovations they will have to do before or upon moving in? And how does it affect the seller?

like

Looking to move out of California, and considering buying a townhome in Atlanta for ~$650k. Any thoughts on the Atlanta real estate market?

like

Has anyone used Loan Cabin to refinance? They seem to have the best rates.

like

Got an agent and she was useless for finding good tenants. Got frustrated and finally started finding leads myself and closing on one soon. I have signed a contract with the agent for paying one months rent as fee. How can i fight this or as he has been literally of zero value add? I will ofcourse ask nicely but wanted to see if i have any other options!

like

If you living currently in a home and looking to buy another home but plan to put only 10% on the new home, can I pay the remaining 10% after selling my existing home in 1-2 months .. and get the PMI

like

How do you judge a low ball offer with how the market is changing? Earlier this year, you would look at comps and say this is the value. Now with rates going up and people pulling out, how do you justify the value? (View point from the buyers end)

like

New to Fishbowl?

Download the Fishbowl app to
unlock all discussions on Fishbowl.
That was just a preview…
Sign Up to see all discussions
  • Discover what it’s like to work at companies from real professionals
  • Get candid advice from people in your field in a safe space
  • Chat and network with other professionals in your field
Sign up in seconds to unlock all discussions on Fishbowl.

Already a user?
Login here

Share

Embed this post

Copy and paste embed code on your site

Preview

Download the
Fishbowl app

See what’s happening in your industry
from the palm of your hand.

A phone with Fishbowl app

Scan your QR code to download
Fishbowl app on your mobile

Download app

Sign up for free to view this conversation on Fishbowl

By continuing you agree to Terms of Use and Privacy Policy

Already have an account? Log in

Sign up for free to continue using Fishbowl

By continuing you agree to Terms of Use(New) and Privacy Policy(New)
Messaging rates may apply

Already have an account? Log in

For account settings, visit Fishbowl on Desktop Browser or

General

Legal