Shaz explains Buy, Refurbish and Rent (BRR) and why it’s a strategy that works so well you can repeat it, again and again successfully.

There are ways of sourcing finance and finding below market value properties that mean you can use this strategy with very little money down and create an asset that generates regular rental income for you.

If you don’t know what strategy to start with Shaz recommends you go with BRR, because it works well again and again.

 

KEY TAKEAWAYS

• Buy a property – preferably below market value
• Refurbish and redevelop it
• Rent it out and create regular rental income
• It can be worth going bigger because a block of units requires the same amount of work as a single property
• It’s a cookie-cutter model that you can continually repeat
• This model doesn’t need a lot of money to get started
• If you do it well you will be creating assets and regular  rental income
• If you don’t know where to start, start with BRR

 

BEST MOMENTS

‘You could take bridging finance to buy and to refurbish the property’

‘A small builder can manage a single property refurbishment for you’

‘It’s a popular strategy because it works really well’

 

VALUABLE RESOURCES

[email protected]

 

ABOUT THE HOST

Shaz Nawaz is a serial entrepreneur; he owns five thriving businesses in diverse sectors.

Shaz is committed to helping business owners build successful businesses. Having conducted over 3,000 business growth consultation he has helped his clients generate millions in additional profits. His purpose is to inspire business owners to build businesses that are hugely profitable and sustainable.

He is a huge advocate of having multiple streams of income. He has written a number of business books and regularly contributes articles to mainstream media outlets.

You can find Shaz on:

•   Facebook
•   LinkedIn
•   Instagram
•   YouTube.