Learn How to Use the BRRRR Method for Passive Income!

Episode 917: What Exactly Is the BRRRR Method and How to Use it to Build Passive Income and Legacy W...

wholesalinginc wholesalinginc | 2 years ago

Wholesaling means buying great and selling good. And if you want to go the classic route, why not consider the BRRRR method? Of course, every real estate deal is unique, and there’s no promise that this negotiating trick will work with every seller. But with the right seller in the right place at the right... Read more The post Episode 917: What Exactly Is the BRRRR Method and How to Use it to Build Passive Income and Legacy Wealth first appeared on WholesalingInc.

How To Take Advantage Of The BRRRR Method | FortuneBuilders

fortunebuilders fortunebuilders | 1 year ago

Imagine yourself attending a real estate investing networking event, and you overhear someone saying “BRRRR.” Chances are, your colleague is not commenting on the temperature of the room but rather is discussing a popular investing strategy known as the BRRRR method. Those wondering how to build wealth in real estate should consider this unique framework representing a hybrid between active and passive income. Read on to find out more about the BRRRR strategy. BRRRR Meaning The BRRRR Method ...

What is a Master Lease and How Can Investors Use It to Scale?

Business & Economy Website Business & Economy W... | 1 year ago

Property management is a low-margin and labor-intensive business because it’s difficult to maintain a property and keep tenants happy. It’s why many real estate investors outsource property management so they can focus on scaling acquisitions. In this article, we will discuss a master lease, how it differs from traditional property management, the benefits of a master lease, and more. What is a Master Lease? A master lease is an agreement where a property manager (PM) leases a building from ...

Episode 972 17-Year Old Makes $11k Using Brrrr Method | WholesalingInc

wholesalinginc wholesalinginc | 1 year ago

Today, David Dodge is joined by the 17-year-old Joe Han to talk wholesaling. This kid has been getting deals done during high school hours! Joe has connected with other winners through Facebook and local connections. Relationships helped get deals done for over $11,000! In this episode, you’ll learn more about building relationships that will benefit your real estate business. Key Takeaways The mindset needed for young people to get into wholesaling Joe was connecting with leads during his lu...

What is a DfMA approach to construction, and how does it enable a faster build?

constructiondive constructiondive | 1 year ago

Over the years, Richard Meacham has spent a lot of time thinking about what causes shifts in the construction industry. As an architect with DIRTT’s Constructability team, it’s something he’s naturally curious about. But in today’s climate, things are different. “What always drives change?” he asks from his Seattle-area office. “One is technology, and the other is client demands. Clients want buildings faster.” Meacham drives the point home with a rapid-fire summary of how conv...

Job Safety Analysis (JSA): What It Is and How to Do It

levelset levelset | 1 year ago

Safety is a contractor’s number one priority. In order to keep workers safe, contractors must first identify potential hazards, then determine how to control or prevent them. A job safety analysis, also called a JSA, identifies potentially hazardous tasks and provides controls to mitigate or eliminate those hazards. What is a job safety analysis (JSA)? A job safety analysis (JSA) — or job hazard analysis (JHA) — is an analysis of job tasks that seeks to identify hazards before they occur....

Entrepreneurial Operating System: What Is It? And How to Use It to Scale Your Real Estate Business

followupboss followupboss | 1 year ago

Depreciation Recapture: What It Is & How to Avoid It

fortunebuilders fortunebuilders | 1 year ago

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mrisoftware mrisoftware | 3 years ago

By definition, Preventive maintenance (PM) is maintenance that is regularly performed on a piece of equipment or an asset to reduce the likelihood of it failing. Preventive maintenance is performed while the equipment is still effective, so that it does not break down unexpectedly. Preventive maintenance is a planned event so that any and all … Continued The post What exactly is preventive maintenance? appeared first on MRI Software.

What Is Mortgage Amortization? How it Works and How to Calculate

totalmortgage totalmortgage | 1 year ago

Mortgage amortization can be defined as the process of paying down your home loan to $0. But knowing your amortization schedule can also help when it comes to home equity and coming up with a strategy to pay off your mortgage early. Here’s what you should know about mortgage amortization, how it works, and how to calculate your mortgage amortization schedule. What Is Mortgage Amortization? Mortgage amortization is the repayment process of the principal and interest on your home loan until your...