Buy, Rehab, Rent, Refinance, Repeat
by David Greene
Key Concepts
Buy Right
Acquire properties at a discount or with clear potential for forced appreciation.
Rehab Smart
Focus renovations on improvements that directly increase the property's appraised value and market appeal.
Rent Quickly
Fill vacancies swiftly with reliable tenants to ensure consistent cash flow and property stability.
Refinance Equity
Pull out created equity via refinance to replenish capital for subsequent investments.
Repeat System
Systematically repeat the process to exponentially grow your real estate holdings.
Forced Appreciation
Actively boost property value through renovations, rather than passively waiting for market gains.
Action Items
Always analyze ARV (After Repair Value) before purchasing, not just current price.
Prioritize renovations that offer the highest return on investment for appraisal.
Build a strong team of contractors, lenders, and property managers early.
Understand your local market's rental demand and tenant profile.
Pre-qualify for financing before making offers to ensure deal viability.
Track all rehab expenses meticulously for accurate refinance calculations.
Core Thesis
The BRRRR method systematically leverages property value creation to rapidly scale a real estate portfolio with minimal initial capital.
Mindset Shift
It shifts the investor's focus from saving for each new down payment to recycling capital from existing assets.