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Listen Money Matters - Free your inner financial badass. All the stuff you should know about personal finance.

The BRRR Strategy: How Cash Out Deals Work

Listen Money Matters - Free your inner financial badass. All the stuff you should know about personal finance.

Listen Money Matters

Careers, Business, Investing, Education

4.42.3K Ratings

🗓️ 27 November 2017

⏱️ 49 minutes

🧾️ Download transcript

Summary

Rental property is LMM’s favorite form of passive income. But if you want to maximize your real estate investments, you’ll have to get a little less passive. We’ve covered many of the basics about rental property, and now we’re going to go deeper. We will explain the BRRR strategy and how cash out deals work. Full Article Here Show Notes My Name is Citrus Maximus:An IPA with a hint of grapefruit. Roofstock: Turn key rental property. Simple Wealth: Research and evaluate rental properties. Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0

Hey guys, I wanted to share something new I've been working on.

0:05.7

It's called Seeking Profit and it's a podcast where we talk about the second phase of my

0:10.2

personal finance journey building online businesses.

0:13.9

These businesses earn money while I sleep and have detached my time from my income.

0:19.2

Since 2013, I've generated millions in revenue with these websites.

0:24.2

I felt it was long overdue to create a show in Listen Money Matter Spirit that taught the

0:29.6

ins and outs of online business building.

0:31.6

This is my biggest passion and if you're interested in coming along for the ride,

0:35.7

just head over to SeekingProfitShow.com or search for Seeking Profit on YouTube or your favorite podcast app.

0:43.4

We're Seeking Profit!

0:50.2

Hey, what's going on everybody and welcome to Listen Money Matters.

0:54.8

Work you do while you procrastinate is probably the work you should be doing for the rest of your life.

0:59.7

My name is Thomas. I'm here as always with Andrew.

1:03.2

Who are you procrastinating? Is this procrastination?

1:07.9

Or actually, no, actually better question. What were you doing before I intro this podcast?

1:14.2

Because according to Jessica Hitch here, that's what you should be doing for the rest of your life.

1:18.9

Well, I was looking at maps so maybe I should be traveling.

1:22.8

Okay.

1:23.6

But I want to procrastinate.

1:25.6

I code.

1:26.0

You're in gossip.

1:27.2

So I just need to close all the blinds, all the doors, light if you can, let's take my shirt off

...

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