WIP 917: What Exactly Is the BRRRR Method and How to Use it to Build Passive Income and Legacy Wealth

Wholesaling Inc with Brent Daniels

Find distressed properties for pennies on the dollar and turn them for huge profits!

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4.9 • 1.4K Ratings

🗓️ 29 March 2022

⏱️ 24 minutes

🔗️ Recording | iTunes | RSS

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Summary

Wholesaling means buying great and selling good. And if you want to go the classic route, why not consider the BRRRR method? Of course, every real estate deal is unique, and there’s no promise that this negotiating trick will work with every seller. But with the right seller in the right place at the right time, the odds are that this approach eventually will give you shiny deals. If you’re not yet convinced, then give this podcast a go.

This episode will break down what the BRRRR acronym stands for, its obstacles and opportunities, and how to use this type of strategy the right way. Be the next BRRRR expert by listening to the master himself, the newest to our Wholesaling tribe, David Dodge.

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Transcript

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0:00.0	And in the Burm method, we're going to have to buy a property first, right? That's the main
0:04.5	thing that we're going to need to do. We're going to want to find a property that we can get a
0:09.0	discount on. And that's very, very important. As you know, from wholesaling, this is a marketing
0:15.4	business, right? We're trying to find sellers that are motivated so we can get these properties
0:21.1	under contract at really good deals. This is game-changing information, guaranteed to raise your
0:28.7	real estate wholesaling business with actionable steps you can take immediately to navigate the
0:33.7	ins and outs of wholesaling and start making money today. Join us as we put our guests in the hot
0:39.8	seat and dive deep to dissect their strategies for success to enable you to duplicate their results.
0:45.8	You're listening to wholesaling Inc. The only show dedicated to making you a fortune in wholesaling.
0:52.2	Welcome to the wholesaling Inc podcast, America's number one podcast for new real estate investors.
1:01.6	We know that finding discounted properties is the most proven path to financial freedom.
1:07.9	And let's face it, we all want financial freedom and security. But so few of us have actually
1:13.3	been taught how to build long-term wealth while still earning an income. The truth is owning rental
1:19.4	property is the best, most effective way to increase your income and build legacy wealth fast.
1:27.6	I'm David Dodge, and on this show, you'll discover how to take control of your finances
1:33.1	and make your money start working for you. I am here to show you how to build long-term wealth
1:39.6	and cash flow while paying less in taxes through owning rental properties. So stop trading your time
1:46.4	for money and get off of the transaction treadmill. So in today's episode, we're going to be talking
1:52.4	about the Burm method. What it is, why you would want to use the Burm method and how you can get started
1:59.2	using the Burm method right away. So the Burm method, if you are unfamiliar, is literally just an
2:06.8	acronym. It is B with four Rs behind it. And it is a strategy that I have been using for the last
2:16.1	five years exclusively to buy over probably 250 properties at this point using this strategy.
	...

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