280: Mastering the BRRRR Method and Buying Discounted Properties with David Dodge
If you're putting in the time, effort, and resources in real estate, the goal is always to make money. Since the profits aren't realized until you sell or create cash flow, finding properties at a discount will certainly improve your odds of making more money with passive income.
So, where can you find discounted real estate deals, and how can you position yourself to make the most of them? Allow me to introduce you to David Dodge.
David is a real estate investor coach, he’s the host of the Discount Property Investor podcast, and the co-author of The Ultimate Guide to Wholesaling Real Estate.
He's done hundreds of residential deals, loves wholesaling for huge profits, and has mastered the BRRRR Method-which he teaches in his BRRRR Method Mastery program.
In this conversation, David utilizes the BRRRR Method in his own deals, how he's navigating today's complex real estate market to find discounted properties, and why time freedom is the true goal we should all be aspiring to achieve.
Key Takeaways with David Dodge
- How the BRRRR Method–buy, rehab, rent, and refinance–allows investors to acquire assets while spending little to no money out of pocket.
- David’s strategies for navigating a market with high interest rates, rampant inflation, and low inventory.
- Why David doesn’t typically buy properties on market–and how he looks for off-market deals with prospective sellers.
- How David became a full-time investor at the age of 30 by shifting his focus and using the BRRRR Method.
- You can actually screw up a good deal in 10 different ways and still turn a solid profit.
Want the Full Show Notes?
To get access to the full show notes, including audio, transcripts, and links to all the resources mentioned, visit https://acceleratedinvestorpodcast.com/280
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Information
- Show
- FrequencyUpdated weekly
- Published17 May 2022 at 09:00 UTC
- Length33 min
- RatingClean