BiggerPockets Real Estate Podcast - BRRRR Investing Just Got Easier

BRRRR investing has become one of the most popular real estate investing strategies across the United States. But, the great contractor shortage of 2020 and 2021 almost decimated BRRRR investors. Record high prices, dragged-out timelines, and the inability to rely on almost anyone to fix up houses brought this strategy close to extinction. But now, we’re seeing a second wind of BRRRR investing as contractors aren’t being stretched so thin and competition for real estate starts to slump. Welcome back to another episode of Seeing Greene, where your “I don’t seek validation, validation seeks me” host, David Greene, is back to answer your questions on anything related to real estate. In this episode, we talk about investing methods such as the BRRRR strategy, real estate syndication investing, becoming a real estate professional, and more. We’ll also touch on some deeper topics like why so many new real estate investors crave validation, how to know when to fire your property management company, and the medieval meaning of “racking your brain.” Want to ask David a question? If so, submit your question here (https://www.biggerpockets.com/david?utm_source=youtube&utm_medium=description&utm_campaign=none) so David can answer it on the next episode of Seeing Greene. Hop on the BiggerPockets forums and ask other investors their take, or follow David on Instagram to see when he’s going live so you can hop on a live Q&A and get your question answered on the spot! ~~~~ Join BiggerPockets for FREE 👇 https://www.biggerpockets.com/signup?utm_source=owned_media ~~~~ Ask David Your Real Estate Investing Question: https://www.biggerpockets.com/david?utm_source=youtube&utm_medium=description&utm_campaign=none ~~~~ Find an Investor-Friendly Agent in Your Area: https://www.biggerpockets.com/agent/match?utm_source=owned_media ~~~~ Connect with Other Investors on The BiggerPockets Forums: https://www.biggerpockets.com/forums?utm_source=owned_media ~~~~ Books Mentioned in Today’s Episode: Long-Distance Real Estate Investing: https://store.biggerpockets.com/products/long-distance-real-estate-investing?utm_source=owned_media Investing in Real Estate with No (and Low) Money Down: https://store.biggerpockets.com/products/investing-in-real-estate-with-no-and-low-money-down?utm_source=owned_media ~~~~ Past Episodes Mentioned in Today’s Show: Brian Burke: https://www.biggerpockets.com/blog/biggerpockets-podcast-378-brian-burke?utm_source=youtube&utm_medium=description&utm_campaign=none Alex Hormozi: https://www.biggerpockets.com/blog/real-estate-649?utm_source=youtube&utm_medium=description&utm_campaign=none ~~~~ Follow David and BiggerPockets on Instagram: @davidgreene24 or https://www.instagram.com/davidgreene24/ @biggerpockets or https://www.instagram.com/biggerpockets/ ~~~~ Connect with David on BiggerPockets: David: https://www.biggerpockets.com/users/davidgreene24?utm_source=youtube&utm_medium=description&utm_campaign=none Episode 669 Show notes at: https://www.biggerpockets.com/blog/real-estate-669?utm_source=youtube&utm_medium=description&utm_campaign=none 00:00 Intro 01:45 Quick Tip 02:26 Finding Contractors For Your BRRRR 06:28 Are Real Estate Syndications Worth It? 10:04 Tax-Savings Through Real Estate Pro Status 19:38 Questions From the Comment Section 24:35 Refinancing Without W2 Income 29:29 Mentorship vs. Apprenticeship 40:38 Why Do We Crave Validation? 46:44 When to Switch Property Managers? 53:01 Ask David Your Question! #biggerpockets #seeinggreene #episode669