Skip to main content

BRRRR Chicago Strategy

BRRRR Chicago Strategy
By Mark Ainley

BRRRR is an acronym that stands for: Buy, Rehab, Rent, Refinance, Repeat. 

This strategy of real estate investing has become popular among investors who may not have the 20-25% down payment to invest in a long term deal or for seasoned investors who want to do more deals with the same amount of money.

How it breaks down:

  • B-Buy
  • R-Rehab
  • R-Rent
  • R-Refinance
  • R-Repeat

The less money left in a deal after the refinance step, the more successful of an investment it is said be.

Recently I sat down with the team at Roofstock, and we went over many of the mistakes we made on our journey to use the BRRRR strategy hundreds of times over the past 15 years.  This show goes over issues we had, ways we would have done it differently, and processes that really worked for us.  

https://podcasts.apple.com/us/podcast/the-remote-real-estate-investor/id1502473360?i=1000491516006

Reach out to us today to discuss your BRRRR deal or share the details on the new Straight Up Chicago Investor Club Facebook Group.

Looking for a Property Manager? Schedule a call today or visit our website for more information.  

Get your FREE copy of: Top 10 Mistakes Investors Make When Working With Lenders
Extra Hacks & Tricks from Expert Investors? Join Our Facebook Group!
Missed something? Subscribe to our Youtube Channel!
LISTEN to our Podcast on iTunes | Spotify | Stitcher | TuneIn Radio
Need A Responsive Property Manager? We’ve got you covered!


Share

Author

post.authorName
Mark Ainley
Investor, Managing Broker, and Property Manager
Price is what you pay, Value is what you get! I want to provide value to others and make some money along the way. I have a solid foundation in Chicago real estate because I am a Real Estate investor in both Residential and Commercial/Industrial markets while being a founding partner at GC Realty & Development LLC and co-host of Straight Up Chicago Investor Podcast. In the last 20 years we renovated 500+ properties, invested in commercial properties, managed over 7000 units/tenants, leased...
Price is what you pay, Value is what you get! I want to provide value to others and make some money along the way. I have a solid foundation in Chicago real estate because I am a Real Estate investor in both Residential and Commercial/Industrial markets while being a founding partner at GC Realty & Development LLC and co-host of Straight Up Chicago Investor Podcast. In the last 20 years we renovated 500+ properties, invested in commercial properties, managed over 7000 units/tenants, leased over 4,000 properties, featured on CNBC’s TV show The Deed, co-host on Chicago's AM560 Real Estate Revealed Radio Show, and invited to speak & sit on panels at numerous investment summits across the country. I have also been blessed with the opportunity to be a guest on over 30 top podcast platforms. GC Realty & Development, LLC, currently manages over 1,200 investment properties throughout the Chicagoland area. In 2019, 2020, 2020 and 2022, GCR&D was featured on the Inc. Magazine list of top 5,000 fastest growing companies in the United States. I take great pride in providing valued feedback to beginners and less experienced entrepreneurs on what steps not to take or what steps to take sooner in growing a younger business.
back