Do These 5 Things to Buy Your First BRRRR Deal in 30 Days (or less)
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In this YouTube video, Sam, the owner of four real estate investing companies, shares his method for buying rental properties without using personal funds. He introduces the Burrs method, which stands for buy, rehab, rent, refinance, and scale. The first step is to find a distressed property and use private money lenders or hard money lenders to fund the deal. The second step is rehabbing the property to attract better tenants who will pay higher rent and stay longer. The third step is finding a great tenant who will take care of the property and pay rent on time. The fourth step is the refinance step, where investors can cash out and pay back the initial lender. The final step is the scale step, where investors can create financial freedom and change their lives for generations to come. Sam provides an acronym for scaling, which is S.C.A.L.E, and emphasizes the importance of creating systems, paying for coaching, taking action, increasing lead flow, and having multiple funding sources. He also mentions his mentorship program and provides a free training link for those interested in learning more. Overall, Sam's method offers a comprehensive approach to real estate investing without using personal funds and provides a roadmap for long-term success.
In this YouTube video, Sam, the owner of four real estate investing companies, shares his method for