The STR Sisterhood

Using the BRRRR Method in Short Term Rentals with Cam Snyder


Listen Later

The BRRRR Method (Buy, Rehab, Rent, Refinance, Repeat) is a real estate investing strategy where you purchase an undervalued or distressed property, fix it up, rent it for some time, refinance it to purchase a second investment property, and repeat the cycle. The BRRRR Method enables investors to make money on their investments by taking advantage of the value of properties after repair.

In this episode, I sit down with Cam Snyder, and she shares her first experience with the BRRRR strategy in the short-term rental space, how the BRRRR method works with the STR model, and how to determine the ARV (After Repair Value). 

Additionally, she discusses how she navigated the challenges she encountered in the house flipping business and shares tips for navigating business partnerships with family members. 

Tune in and learn! 

Timestamps for the key highlights in the episode

[02:16] Meet our guest; Cam Snyder, and know where she is located

[02:52] How she got into the STR business

[06:05] Challenges she encountered with contractors in the house flipping business

  and how she navigated them

[08:05] Cam’s first experience with the BRRRR (Buy, Rehab, Rent, Refinance, Repeat)

  strategy in the short-term rental space

[11:07] How the BRRRR method works with the STR model

[15:27] How she determines the ARV (After Repair Value)

[20:41] Tips for navigating business partnerships with family members 

[24:22] The current project she is working on with her brother in law 

[25:55] How she navigated the stress of managing her properties

[29:59] The lightning round:

  • Where is your favorite place to vacation?  
  • What’s one place you’ve never been to that you want to visit?  
  • What’s one thing you know now that you wished you knew when you started out in the short-term rental business? 
  • What’s the best piece of advice you’ve ever been given?
  • What’s one thing and/or person that you are grateful for today? 


  • [33:57] How to link with Cam Snyder

     

    Notable Quotes

    • “Look at the upside, look at the downside, and can you deal with the downside?” [32:39] 

    

       Love the show? Subscribe, Rate, Review, Like, and Share!

    Let’s Connect!

    Follow Cam Snyder on;


    Facebook: https://www.facebook.com/CameronCastillo/

    LinkedIn: https://www.linkedin.com/in/cameron-snyder-a7b99ba/


    Follow Stacey St. John on;

    ●  Website: https://staceystjohn.com/

    ●  Facebook: https://web.facebook.com/groups/911671659592801?_rdc=1&_rdr

    ...more
    View all episodesView all episodes
    Download on the App Store

    The STR SisterhoodBy Stacey St. John

    • 5
    • 5
    • 5
    • 5
    • 5

    5

    27 ratings


    More shows like The STR Sisterhood

    View all
    BiggerPockets Real Estate Podcast by BiggerPockets

    BiggerPockets Real Estate Podcast

    16,749 Listeners

    Slick Talk: The Hospitality Podcast by Skift

    Slick Talk: The Hospitality Podcast

    71 Listeners

    The Genius Life by Max Lugavere

    The Genius Life

    4,946 Listeners

    Real Estate Investing with Coach Carson by Chad Coach Carson

    Real Estate Investing with Coach Carson

    617 Listeners

    Thanks For Visiting by Airbnb Superhosts Annette Grant & Sarah Karakaian

    Thanks For Visiting

    590 Listeners

    Real Estate Rookie by BiggerPockets

    Real Estate Rookie

    1,819 Listeners

    Short Term Rental Secrets Podcast by MICHAEL SJOGREN

    Short Term Rental Secrets Podcast

    8 Listeners

    The Short Term Show by 8 Figure Airbnb and Short Term Rental Real Estate Investor Avery Carl

    The Short Term Show

    453 Listeners

    Good Morning Hospitality by Skift

    Good Morning Hospitality

    11 Listeners

    On The Market by BiggerPockets

    On The Market

    901 Listeners

    No Vacancy The Podcast with Natalie Palmer by Natalie Palmer, Airbnb Host

    No Vacancy The Podcast with Natalie Palmer

    251 Listeners

    Bill Faeth Unfiltered by Bill Faeth

    Bill Faeth Unfiltered

    97 Listeners

    STRonomics by Bill Faeth & Kenny Bedwell

    STRonomics

    53 Listeners

    The Mel Robbins Podcast by Mel Robbins

    The Mel Robbins Podcast

    20,222 Listeners

    The STR Home Financing Podcast by Jeff Chisum

    The STR Home Financing Podcast

    36 Listeners

    STR Data Lab™ by AirDNA by Jamie Lane

    STR Data Lab™ by AirDNA

    27 Listeners

    Short Term Rental Management by 8 Figure Airbnb and Short Term Rental Real Estate Investor Luke Carl

    Short Term Rental Management

    292 Listeners

    The BetterLife Podcast by Brandon Turner and Cam Cathcart

    The BetterLife Podcast

    848 Listeners

    The Hospitality Mentor by Steve Turk

    The Hospitality Mentor

    43 Listeners

    Cash Flow Positive by Kenny Bedwell

    Cash Flow Positive

    60 Listeners

    Workflows & Espressos by Hospitality.FM

    Workflows & Espressos

    10 Listeners

    Short Term Rental Pros Podcast by Jeremy Werden

    Short Term Rental Pros Podcast

    9 Listeners

    TRAVEL redefined by Sarah Dandashy

    TRAVEL redefined

    8 Listeners

    The Pink Elephant with Chris Adams by Chris Adams

    The Pink Elephant with Chris Adams

    5 Listeners

    The Vacation Rental Micro-School by Hospitality.FM

    The Vacation Rental Micro-School

    3 Listeners

    Short Term Rental Solutions by Christianne Crump

    Short Term Rental Solutions

    16 Listeners

    The Hospitality Breakroom: Certainty Served Weekly with Inhaven by Rachel Alday & Abode Luxury Rentals

    The Hospitality Breakroom: Certainty Served Weekly with Inhaven

    7 Listeners

    Suite Success: Masters of Hospitality by Skift

    Suite Success: Masters of Hospitality

    77 Listeners