Buy, Rehab, Rent, Refinance, Repeat Quotes

“Finding talent is no easy feat.”
― David Greene, Buy, Rehab, Rent, Refinance, Repeat: The BRRRR Rental Property Investment Strategy Made Simple

“If we make sure the ROI we make on our money is higher than the interest rate we are paying to borrow the money, we come out on top. For example, let’s say we invest that $30,000 at the same return we received in the last deal (15 percent). A 15 percent return on $30,000 would be $375 a month. $30,000 x .15 = $4,500 $4,500 / 12 (# of months in a year) = $375”
― David Greene, Buy, Rehab, Rent, Refinance, Repeat: The BRRRR Rental Property Investment Strategy Made Simple

“Note that when we talk about ROI, we are only talking about the cash flow portion of your profit, nothing else. Because it’s specific to cash flow, ROI in real estate is also referred to as a “cash on cash” return.”
― David Greene, Buy, Rehab, Rent, Refinance, Repeat: The BRRRR Rental Property Investment Strategy Made Simple

“In real estate, investors can add value to their property in two ways. They pay less than what it’s worth, “buying” equity. They increase the value by improving the property’s condition, “forcing appreciation” or “building” equity through the rehab process. It’s important to note, in the BRRRR method, these are the first two things the investor does. With BRRRR you are adding value before you are financing anything.”
― David Greene, Buy, Rehab, Rent, Refinance, Repeat: The BRRRR Rental Property Investment Strategy Made Simple

“Success comes through repeating a process over and over until our brains figure it out—usually by spotting patterns of things that worked and things that did not, and remembering them.”
― David Greene, Buy, Rehab, Rent, Refinance, Repeat: The BRRRR Rental Property Investment Strategy Made Simple

“Understanding this will help you immensely in your business.”
― David Greene, Buy, Rehab, Rent, Refinance, Repeat: The BRRRR Rental Property Investment Strategy Made Simple

“Be fearful when others are greedy, and greedy when others are fearful.”
― David Greene, Buy, Rehab, Rent, Refinance, Repeat: The BRRRR Rental Property Investment Strategy Made Simple

“The more people involved and giving you their opinion, the more layers of protection you have, and the more likely you are to see things others missed.”
― David Greene, Buy, Rehab, Rent, Refinance, Repeat: The BRRRR Rental Property Investment Strategy Made Simple

“It’s best to get as many eyeballs on a deal as possible until you know the values yourself, and even then I sometimes have others look them over!”
― David Greene, Buy, Rehab, Rent, Refinance, Repeat: The BRRRR Rental Property Investment Strategy Made Simple

“Success isn’t found in avoiding anything that could go wrong. It’s found in harnessing your strengths to make them work for you and creating systems that mitigate risk and enhance efficiency.”
― David Greene, Buy, Rehab, Rent, Refinance, Repeat: The BRRRR Rental Property Investment Strategy Made Simple

“The “velocity” of our money makes a very big difference in the overall wealth-building game.”
― David Greene, Buy, Rehab, Rent, Refinance, Repeat: The BRRRR Rental Property Investment Strategy Made Simple

“Almost every great deal came as a result of some investor having the ability, desire, and plan to fix someone else’s problem. Money was made as a result of this. If you want to make wealth in real estate, learn how to fix other people’s problems and you will find that wealth finds you.”
― David Greene, Buy, Rehab, Rent, Refinance, Repeat: The BRRRR Rental Property Investment Strategy Made Simple

“challenged”
― David Greene, Buy, Rehab, Rent, Refinance, Repeat: The BRRRR Rental Property Investment Strategy Made Simple