cover of episode 669: Seeing Greene: Is BRRRR Investing About to Get Even Better?

669: Seeing Greene: Is BRRRR Investing About to Get Even Better?

Publish Date: 2022/10/2
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BiggerPockets Real Estate Podcast

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    <p><strong>BRRRR investing</strong> has become one of the most popular real estate investing strategies across the United States. But, <strong>the great contractor shortage of 2020 and 2021 </strong>almost decimated BRRRR investors. Record high prices, dragged-out timelines, and the inability to rely on almost anyone to fix up houses <strong>brought this strategy close to extinction</strong>. 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.</p><p>Welcome back to another episode of <strong>Seeing Greene</strong>, 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 <a href="https://www.biggerpockets.com/guides/brrrr-method"><strong>BRRRR strategy</strong></a>, <strong>real estate syndication investing</strong>, becoming a <strong>real estate professional</strong>, and more. We’ll also touch on some deeper topics like why so many new real estate investors crave <strong>validation</strong>, how to know <strong>when to fire your property management company</strong>, and the medieval meaning of “racking your brain.”</p><p>Want to ask David a question? If so<strong>, </strong><a href="http://biggerpockets.com/david"><strong>submit your question here</strong></a> so David can answer it on the next episode of Seeing Greene. Hop on the <strong>BiggerPockets forums </strong>and ask other investors their take, or <a href="https://www.instagram.com/davidgreene24/?hl=en"><strong>follow David on Instagram</strong></a> to see when he’s going live so you can hop on a live Q&amp;A and get your question answered on the spot!</p><p><strong>In This Episode We Cover:</strong></p><p>How<strong> less competition for contractors </strong>could make the BRRRR strategy much more viable in 2022</p><p><a href="https://www.biggerpockets.com/blog/biggerpockets-money-podcast-219-j-scott"><strong>Real estate syndications</strong></a><strong> vs. investing in your own deals</strong> (and how to know which is a better choice)</p><p>Becoming a real estate professional to <strong>significantly lower your taxable income</strong></p><p><strong>Refinancing</strong> a property <strong>even if you lack a W2</strong> or don’t have consistent income</p><p><strong>The right way to find a mentor</strong> and taking the “apprenticeship” role instead of asking for advice</p><p><strong>When to </strong><a href="https://www.biggerpockets.com/blog/2014-11-03-how-to-painlessly-switch-property-management-companies"><strong>switch property managers</strong></a> and questions to ask before you let them go</p><p>And <strong>So </strong>Much More!</p><p><strong>Links from the Show</strong></p><p><a href="https://www.youtube.com/channel/UCVWDbXqQ8cupuVpotWNt2eg">BiggerPockets Youtube Channel</a></p><p><a href="https://www.biggerpockets.com/forums">BiggerPockets Forums</a></p><p><a href="https://www.biggerpockets.com/membership-types">BiggerPockets Pro Membership</a></p><p><a href="https://store.biggerpockets.com/">BiggerPockets Bookstore</a></p><p><a href="https://www.biggerpockets.com/blog/real-estate-investing-bootcamps">BiggerPockets Bootcamps</a></p><p><a href="https://www.biggerpockets.com/podcast">BiggerPockets Podcast</a></p><p><a href="https://www.biggerpockets.com/bpcon2022?utm_source=youtube&amp;utm_medium=description&amp;utm_campaign=none">Get Your Ticket for BPCon 2022</a></p><p><a href="https://www.biggerpockets.com/podcasts?utm_source=youtube&amp;utm_medium=description&amp;utm_campaign=none">Listen to All Your Favorite BiggerPockets Podcasts in One Place</a></p><p><a href="https://www.biggerpockets.com/podcasts?utm_source=youtube&amp;utm_medium=description&amp;utm_campaign=none">Learn About Real Estate, The Housing Market, and Money Management with The BiggerPockets Podcasts</a></p><p><a href="https://www.biggerpockets.com/investment-calculators?utm_source=youtube&amp;utm_medium=description&amp;utm_campaign=none">Get More Deals Done with The BiggerPockets Investing Tools</a></p><p><a href="https://www.biggerpockets.com/forums/521-real-estate-events-meetups?utm_source=youtube&amp;utm_medium=description&amp;utm_campaign=none">Find a BiggerPockets Real Estate Meetup in Your Area</a></p><p><a href="https://www.biggerpockets.com/users/davidgreene24?utm_source=youtube&amp;utm_medium=description&amp;utm_campaign=none">David's BiggerPockets Profile</a></p><p><a href="https://www.instagram.com/davidgreene24/">David's Instagram</a></p><p><a href="https://www.biggerpockets.com/real-estate-companies?utm_source=youtube&amp;utm_medium=description&amp;utm_campaign=none">Find the Real Estate Professional You Need</a></p><p><a href="https://www.biggerpockets.com/blog/biggerpockets-podcast-378-brian-burke?utm_source=youtube&amp;utm_medium=description&amp;utm_campaign=none">BiggerPockets Podcast 378 with Brian Burke</a></p><p><a href="https://www.biggerpockets.com/blog/real-estate-649?utm_source=youtube&amp;utm_medium=description&amp;utm_campaign=none">BiggerPockets Podcast 649 with Alex Hormozi</a></p><p><strong>Books Mentioned in the Show:</strong></p><p><a href="https://store.biggerpockets.com/products/buy-rehab-rent-refinance-repeat?utm_source=owned_media"><em>Buy, Rehab, Rent, Refinance, Repeat</em></a> by David Greene</p><p><a href="https://store.biggerpockets.com/products/long-distance-real-estate-investing?utm_source=owned_media"><em>Long-Distance Real Estate Investing</em></a> by David Greene</p><p><a href="https://store.biggerpockets.com/products/investing-in-real-estate-with-no-and-low-money-down?utm_source=owned_media"><em>Investing in Real Estate with No (and Low) Money Down</em></a> by Brandon Turner</p><p><br></p><p>Click here to check the full show notes: https://www.biggerpockets.com/blog/real-estate-669</p><p><em>Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Check out our </em><a href="https://www.biggerpockets.com/blog/sponsors"><em>sponsor page</em></a><em>!</em></p>
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