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Episode Description
โญ Join Rental Property Mastery, my community of rental investors on their way to financial freedom: http://coachcarson.com/rpm
๐ Coach's Free IRR Spreadsheet: https://www.coachcarson.com/irr-spreadsheet/
๐๏ธ Episode #452 - BRRRR isn't dead, it just needs a tune-up. Here's how to adapt BRRRR for higher rates, better cash flow, and smarter long-term returns.
โถ๏ธ Next Episode: How to Calculate Internal Rate of Return
https://www.youtube.com/watch?v=HJnnpXoR6y0
๐ Show Notes:
https://www.coachcarson.com/brrrrfix/
๐ฌ Topics Covered:
- (0:00) - Is the BRRRR Strategy dead?
- (0:26) - Deals from the "good ole days"
- (4:55) - When interest rates change
- (8:25) - Get your free IRR Spreadsheet
- (8:30) - Evaluating IRR
- (12:15) - The "New BRRR Strategy"
- (12:24) - Idea #1 - Delayed BRRR
- (13:15) - Idea #2 - Consider a HELOC
- (14:20) - Idea #3 - Include a silent partner
- (15:55) - Idea #4 - Grow slower
- (17:22) - Get good at running numbers
- (17:35) - How to Calculate Internal Rate of Return
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โ๏ธ Get my FREE Real Estate Investor Toolkit:
https://www.coachcarson.com/toolkit-pod
๐ฅ๏ธ Learn with Coach (Courses, Books & more):
https://www.CoachCarson.com
๐ Connect with Me:
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๐ https://www.facebook.com/coachchadcarson
๐ฆ https://twitter.com/CoachChadCarson
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๐ฐ DealMachine โ Software to help you buy more real estate deals: https://www.coachcarson.com/dealmachine
