Will The BRRRR Method Work In My Area? [Most Asked Question... Answered]
youtu.be
The Burr method is a real estate investment strategy that involves buying rental properties using other people's money. To determine if the Burr method will work in your market, you can use the one percent rule, which states that your monthly rent needs to equal one percent of what you have in the property. The speaker recommends investing in B-class areas, which offer appreciation, a good tenant base, and a nice, clean, safe area. To run actual cash flow numbers for the Burr method, the speaker demonstrates how to use Zillow to check if a property will work in your market. He uses examples from Eau Claire, Wisconsin, and Las Vegas to demonstrate how to determine if the Burr method will work in a market. The speaker suggests looking at outskirts or lower-end pricing areas to potentially find properties that meet the one percent rule. He also recommends watching a comprehensive video on how to buy your first rental property using other people's money, which is available for free on their YouTube channel. The video ends with a joke and a call to action to subscribe to their channel and hit the notification bell to get notified when they release new content.
The Burr method is a real estate investment strategy that involves buying rental properties using ot