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Marriage Kids and Money: Personal Finance for Families

BRRRR - Buy, Rehab, Rent, Refinance, Repeat - with David Greene

Marriage Kids and Money: Personal Finance for Families

Andy Hill

Parenting, Kids & Family, Business, Investing

4.9605 Ratings

🗓️ 29 April 2019

⏱️ 40 minutes

🧾️ Download transcript

Summary

David Greene, Co-Host of the BiggerPockets Podcast and the Author of BRRRR: Buy, Rehab, Rent, Refinance, Repeat, shares why BRRRR is the hottest strategy for real estate investing today. RESOURCES **Sponsor + Partners + Deals: https://www.marriagekidsandmoney.com/sponsors Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0

The Monopoly game at McDonald's is back. There's over two million pounds worth of cash prizes to be won.

0:06.0

And a chance to get your hands on some epic prizes. Go on. It's your go.

0:11.0

18 plus UK ends 21st of October. Selected menu items. At may be required. May depend on winning moment.

0:18.0

See victory rules.co.com.

0:20.0

Real estate is like planting a tree.

0:22.0

You're going to wait a long time before it bears fruit.

0:24.3

But when it does bear fruit, you just eat that fruit every single year.

0:27.1

And once you get orchards of them, you can be a wealthy person and it's very hard to lose money that way.

0:43.5

This show is dedicated to helping you, strengthen your family tree, and live financially free.

0:47.6

Welcome to the Marriage Kids and Money podcast, everybody. This is Andy Hill. And today,

0:54.0

we're talking about investing in real estate. Yes, my friends, my search for information continues as Nicole and I save up for our

0:56.1

first rental property. I'm trying to look at all the angles before we proceed, really. It's,

1:01.1

you know, looking at the mortgage route or buying all in cash route. And one method that's been

1:07.4

super intriguing for us lately is this method called burr and uh yeah it's it's it's an

1:13.7

acronym it and we're going to get into that today um and the man who's going to enlighten us about the

1:18.5

magical ways of the burr is david green david is the co-host of the bigger pockets podcast

1:24.6

the author of long distance real estate investing Investing, How to Buy Rehab

1:29.8

and Manage Out of State Rental Property, and a top-producing real estate agent in Northern

1:35.2

California.

1:36.3

He's recently written a new book focused on the Burr strategy, and we're going to learn

1:42.0

why he thinks it's the hottest strategy in real estate today. Welcome to the show, David. Thank you, Andy. That's a great introduction, man. Hey, well, you're doing some great things. I'm excited to talk to you. So, David, I teased it a little bit. What does Burr stand for? So Burr is an acronym like you said, and it stands for buy, rehab, rent, refinance, repeat.

2:02.8

And it's really just the order in which the most efficient way to buy and hold rental property is.

...

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