EP556: Creating Wealth By Leveraging The BRRRR Strategy

Have you ever heard of the BRRR method? In this episode, David Dodge shares how he acquired almost $10M of rental properties with over $3M worth of equity by leveraging this incredible business strategy. Stay tuned and learn how to buy assets with little to no money and create thousands of dollars in passive income.     KEY TAKEAWAYS What you shouldn't do when investing in rental properties? The Top 4 advantages of being a landlord. How does the BRRRR strategy work? How long it takes to get refinanced after purchasing a property? Types of houses you should be looking for.     RESOURCE/LINK MENTIONED EP374: 45 Rental Properties in 14 Months: Secrets of the BRRRR Strategy to Aggressively Grow Your Rental Portfolio (& Achieve Financial Freedom with David Dodge) The BRRRR method by David Dodge and Mike Slane     ABOUT DAVID DODGE David Dodge is a founding member of House Sold Easy Properties and brings over 17 years of real estate expertise to the company. He is responsible for acquiring real estate throughout Missouri while managing a sales team. In addition to working with House Sold Easy, he owns and operates a real estate property management firm, a retail brokerage, and a fix-and-flip company, all located in Saint Louis, Missouri. Mr. Dodge has been involved in hundreds of real estate negotiations, purchases, and sales. He is also the co-host of the Discount Property Investor podcast.      CONNECT WITH DAVID Website: BrrrrMethodMastery.com Website: www.discountpropertyinvestor.com/david Podcast: Discount Property Investor Instagram: @davidalandodge YouTube: David Dodge Show Facebook: David Dodge     TWEETABLE ‘’Keep the best, wholesale the rest. ’’ - David Dodge ‘’Taxes are your biggest expense unless you understand and leverage the tax code. ’’ - Alex Pardo     ASCEND Don’t Wait To Enjoy Your Life, Tomorrow, Live It Today! How To Grow Your Business, Expand Your Impact, and Experience Your Perfect Life:   🔊 LISTEN & SUBSCRIBE TO THE FLIP EMPIRE SHOW (PODCAST) on Apple Podcasts ▶︎ https://www.flipempire.com/podcast   📺 SUBSCRIBE TO ALEX PARDO’S YOUTUBE CHANNEL NOW ▶︎ https://www.youtube.com/alexpardo   🚀 How To Grow Your Business, Expand Your Impact, and Experience Your Perfect Life Don’t Wait To Enjoy Your Life Tomorrow, Live It Today ▶︎ https://www.AscendYourSuccess.com/     FOLLOW ALEX ON: ★ INSTAGRAM → http://instagram.com/alexpardo25 ★ FACEBOOK → https://www.facebook.com/alexpardo15 ★ LINKEDIN → https://www.linkedin.com/in/alex-pardo ★ YOUTUBE → https://www.youtube.com/alexpardo     ASK ALEX A QUESTION: Have a question you want to feature in an upcoming Flip Empire Show? Head over to the Ask Alex page, and record your question. We’ve made it super easy for you, so let us know what challenges you are having, and Alex will answer it personally!     SPONSORED ADS Visit http://leftmainrei.com/flipempire to schedule your free demo and see the most powerful CRM system built for real estate investors, BY real estate investors!

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On The Flip Empire Show, Alex Pardo brings you strategies, interviews, and insights for smart real estate investors to help grow and scale your real estate investing business. The Flip Empire Show was created for YOU, the smart real estate investor and entrepreneur. If you're looking for ACTIONABLE and SIMPLIFIED advice, Alex Pardo has you covered with his Master Class Expert Interviews, as well as the Q and A shows. Learn from real estate's heavy hitters, as Alex Pardo puts them on the hot seat to reveal their best strategies for running a profitable, scalable, and automated real estate business. Get a fresh perspective from a Real Estate Investor, Entrepreneur, and Coach that has flipped well over 500 homes. We're dedicated to adding value to you and your business, and bringing you the best content to help you make more money, build your empire, and experience freedom through real estate investing. For more strategies, and recommended resources, check us out at www.FlipEmpire.com.