Is BRRRR still a good strategy in today’s market?

Original post

With rising interest rates and property prices, is the BRRRR (Buy, Rehab, Rent, Refinance, Repeat) method still working for you? Would love to hear recent experiences or tips.

Reply by Ken Garrett

You can still BRRRR in today’s market. It takes more work to find the right deal. I actually started going out of state, but if something pops up locally I’ll stay local.

I also converted some properties to MTR. Revenue is higher. You might have longer vacancies, but in the end you will be doing much better. Just need to find the right location. It takes a bit more work, but I’ve been getting 5-6 month leases at twice or more the LTR rate.