Have you ever heard of the Burr strategy? It's the real estate investing method that actually scales your portfolio and fast. But what if you don't have the cash to complete it? There's a more beginner-friendly burr method for those without six figures, and we're about to share it with you.

But after you burr for the first time, chances are you'll be paying today's sky high home insurance costs.

But don't worry, we've got some solutions to lower your insurance premium so your bill stays reasonable.

Finally, we're going to share the lazy method experts use to increase rents.

It's so genius that your tenants may even ask you to raise rents on their behalf.

Once you hear about it, you'll use it on every rental.

This is the Real Estate Rookie Podcast. I'm Ashley Care. And I'm Tony J. Robinson. And if this video

gets 100 comments, I'll finally share my nighttime skincare routine with all of you who've been asking. Does it involve cucumbers? It absolutely does not. So with that, let's go on to today's first question. All right, so our first question today comes from Reese. And Reese says, I've heard that the Burr strategy is dead. And just really quickly for those that don't know, Burr stands for buy, rehab, rent, refinance, repeat. But Rees, as I've heard that the Burr strategy is dead unless you have huge capital, like a minimum of 50 to 80K to start. So if a new investor has $25,000 to $30,000, is there a way to pool this with a small group of other investors to do a bird deal together, almost like a small

syndication. For example, if there was a property that was $100,000 and it needed $60,000 in rehab,

the amount needed would be $160K in total. If there were five investors each putting in $32,000,

that would give us a 160K, then after repairs, we sell that property for $240, each investor would get a return of $40,000 that would give us a 160k. Then after repairs, we sell that property for 240. Each investor

would get a return of $40,000. Then after repairs, we sell the profit for 240K. That will be a $48,000

profit giving each investor $16,000 in profit. And then we just repeat that process. Is this the

strategy that some investors use? If so, where would I find them? Once I built up capital and learned the process, I could then do it by myself, but I think working with a small group of people might be the less risky way doing my first few deals. All right, so there's a couple of questions in here. And I think something that I want to clarify, the initial question talks about like the Burr strategy, but then you talk about going on

to sell this property for a profit, which would be flipping. So in a traditional Burr, you're

keeping that property as a long-term buy-and-hold asset, right? So you're going to buy it,

renovate it, refinance, right? Get all your capital back, rent the property out, and then take the money that you got from the refinance and recycle that into your next deal. But it sounds like what you're saying here is just buying a property in all cash, renovating in all cash, and selling that property is a flip, which is also fine, but it's just not the Burr strategy. When we talk about burr, it's about holding that property as a long-term asset.

Yeah, so instead of selling the property, you would refinance the property, and the goal would

be to refinance that however high you could.

So, you know, most banks will lend on 80% or 75% of the value, the appraised value of the home.

So you would need it to appraise for more than what you actually put into it to get all of your money back.

So that's one difference with the burr is you're actually refinancing because you have rented out the property.

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