BRRRR Your House vs Flipping It...

...a guide to making the right decisions to maximize profits

Most people are aware of the home flipping process

It's hard to miss all of those shows that have been created on the subject

BRRRR is something that is far less familiar

but is definitely worth a little investigation

Buy - Rehab - Rent - Refinance - Repeat

Let's face it

pretty much everyone has at least imagined doing a house flip

it sure looks like fun on tv

and there is $$$ to be made

what could be better?

but when you take a closer look

BRRRR might be a superior option

• lower taxes on profits
• total ROI is higher per property
• long term wealth strategy
• income for life
• playing with the "houses $"

starting with taxes - I am not a CPA so do your own research

just keep in mind that if you flip a home before you own it for 1 year and a day

the tax due is based on your ordinary income rate

which is most likely higher than the 15% long term capital gains tax

by renting out the property

you will have monthly cash flow profits that you can reinvest in more homes

each property that you own will most likely increase in value in the long run

and the rents should only go up over time

the most interesting part is that when you refinance

you may very well get all of the money back that you put into the property

which provides the cash needed to do it all over again

tune in to today's show to learn more about how to get started