Why the BRRRR Method is a Risky Gamble for Out of State Investing Smartland Podcasts

It seems that every year, a new real estate investing strategy rises to the forefront. Recently, the trend du jour is the BRRRR method, which stands for “Buy, Rehab, Rent, Refinance, and Repeat.” The acronym is self-explanatory: an investor buys a distressed property, remodels it to make it rentable, places a tenant in it to generate rental income, holds it for about six months before refinancing it, and then moves on to repeat the process with another property.While the process sounds like a...