I'm Buying 10 Houses For Under $50K (How You Can Too)

2024 ж. 8 Сәу.
16 457 Рет қаралды

In this video I will show you how I'm Buying 10 Houses For Under $50K (How You Can Too..)
Go follow Yamu on Instagram: @buildingwealthfromrentals
The BRRRR method in real estate, an acronym for Buy, Rehab, Rent, Refinance, Repeat, is a popular investment strategy utilized by savvy real estate investors to build wealth and generate passive income. Here's a breakdown of each step:
Buy: Investors identify properties below market value, typically distressed or undervalued, often through foreclosure auctions, short sales, or direct purchases from motivated sellers.
Rehab: After acquiring the property, investors renovate or rehabilitate it to increase its market value and attract tenants. This phase may involve cosmetic upgrades, repairs, or even extensive renovations depending on the property's condition.
Rent: Once the property is renovated, investors secure reliable tenants to generate rental income. Finding quality tenants is crucial for consistent cash flow and property maintenance.
Refinance: With the property renovated and tenanted, investors seek to refinance the property based on its new appraised value. By refinancing, investors can pull out a portion of their initial investment, often up to 75-80% of the property's value, enabling them to recover their capital for future investments.
Repeat: Investors reinvest the recovered capital into acquiring additional properties and repeat the process. By recycling their initial investment, investors can scale their real estate portfolio rapidly while maximizing returns.

Пікірлер
  • Go follow Yamu on Instagram: @buildingwealthfromrentals

    @BrettMaverick@BrettMaverickАй бұрын
    • Good information, Brett

      @jerrysacct@jerrysacctАй бұрын
    • I would recommend only doing fix-rate mortgages.

      @user-up7yh7fl7m@user-up7yh7fl7mАй бұрын
  • mr beast ahh thumbnail

    @vratislavgrozayasherov@vratislavgrozayasherovАй бұрын
    • Real 😂

      @Sp1ritxd@Sp1ritxdАй бұрын
    • Real

      @memeplus7560@memeplus7560Ай бұрын
    • 😂😂

      @AnsafP@AnsafPАй бұрын
    • I was thinking the same thing lol

      @Aperson-fn8fg@Aperson-fn8fgАй бұрын
  • love u brett can’t wait to buy hundreds of houses with your hot tips

    @joeyparker4287@joeyparker4287Ай бұрын
    • Hahaha. Love the sarcasm

      @henrikkarl25@henrikkarl25Ай бұрын
  • I am so proud of you! I can’t wait to see how many successful deals you will get before end of the year! Thank you for making it easy to coach you. 🙌🏾

    @yamundowcamara@yamundowcamaraАй бұрын
  • This means the bubble is close to popping

    @1vbAPiYk@1vbAPiYkАй бұрын
  • Loved the advancement into a new stream of video ! Hoping to see more.

    @diwanshigoel7657@diwanshigoel7657Ай бұрын
  • Bro is better than all business KZheadrs out there fr

    @Mario21972@Mario21972Ай бұрын
  • Thank you Brett for a really helpful video

    @user-hy7su9ck7c@user-hy7su9ck7cАй бұрын
  • the BRRRR is just genius! thank you so much for this tip :D

    @atomicJUMP@atomicJUMPАй бұрын
  • We escaping the matrix outta this one 🔥🔥🔥🗣️🗣️🗣️🗣️

    @Fourthbugbear@FourthbugbearАй бұрын
  • Bro amazing video, I really liked the content, can you make another one in the future or related that to do with sides hustles or just simply like about the topic like the houses, I really enjoyed it

    @Sneakers_Style@Sneakers_StyleАй бұрын
  • Im buying 10 countries for under $50k

    @John7gg@John7ggАй бұрын
    • I'm buying 10 planets for under $50K

      @user-up7yh7fl7m@user-up7yh7fl7mАй бұрын
    • I’m buy 10 solar systems for under $50k

      @KasenConnor@KasenConnorАй бұрын
    • I'm buying 10 galaxies for under $50k

      @siddharthpythonlover@siddharthpythonloverАй бұрын
    • I'm buying 10 brett maverick for under $50k

      @justsomeguywithsomememes@justsomeguywithsomememesАй бұрын
    • that's it? i am buying 10 multiverses under $50k ( profits of being an asian ;)

      @atomicJUMP@atomicJUMPАй бұрын
  • Congratulations, business brain! Very different to your usual videos.

    @kevinhanley6462@kevinhanley6462Ай бұрын
  • this is the best video you've ever made! sometimes just make videos like these where you sit down and just talk. Also, I would love to get into real estate too so maybe make a new channel for that just in case anyone else may be interested!

    @Un_known861@Un_known861Ай бұрын
  • That's some mature content love that❤

    @crazyme6969@crazyme6969Ай бұрын
  • i learned alot about real estate today more videos please.

    @AkshayPallikkara@AkshayPallikkaraАй бұрын
  • Brett please make more video like this one ❤

    @Nightcore-Paradise@Nightcore-ParadiseАй бұрын
  • He literally explained better than all the dedicated channels

    @soraygoularssm8669@soraygoularssm8669Ай бұрын
  • You are a beast Brett 💪

    @StarTrailMedia@StarTrailMediaАй бұрын
  • This was very easy to understand, definitely something that I could do after school! Amazing video

    @UserFVKcXmF@UserFVKcXmFАй бұрын
  • Helpful thanks!!

    @rafiechowdhury5963@rafiechowdhury5963Ай бұрын
  • This is where you will thrive bro

    @MannyVegaNieves@MannyVegaNievesАй бұрын
    • From manscaping to landscaping

      @BigBadJerryRogers@BigBadJerryRogersАй бұрын
  • Amazing video Brett! I think i know how to get rich now 😂

    @abdulkareem6400@abdulkareem6400Ай бұрын
  • Hey yo, I love your this business content besides men's skin care or body language content ❤❤

    @harrycoldplay@harrycoldplayАй бұрын
  • Getting a house in somewhere like Canada with a 9-5 job is literally impossible so anyone in that region is already screwed 😭

    @thearthurmarston9897@thearthurmarston9897Ай бұрын
    • Yeah agreed, im in Canada and everything is legit 500k+ for even a shitbox 😅😭

      @KandidVision@KandidVisionАй бұрын
    • Go to America

      @Mohamed_lmo28@Mohamed_lmo28Ай бұрын
    • Same in Europe

      @keithchegwin1222@keithchegwin1222Ай бұрын
    • so where does this work. Where does it brett maverick live and where is he buying the houses? Where is travel nurses? Where are my customers.....

      @AnsafP@AnsafPАй бұрын
  • pls make such videos

    @Hehehexe@HehehexeАй бұрын
  • brett is becoming a landchad

    @user-up7yh7fl7m@user-up7yh7fl7mАй бұрын
  • Thank you so much

    @rabie7056@rabie7056Ай бұрын
  • Nice video, make more finance orientated episodes, God bless.

    @IndependentNewsMedia@IndependentNewsMediaАй бұрын
  • mannn i want to see you on chico's podcast

    @Dushyantyadavv@DushyantyadavvАй бұрын
  • THIS IS SO SMART!! But im broke and scared ill be in debt if i get a loan and it doesnt work 😢

    @elliotto6836@elliotto6836Ай бұрын
  • Buddy makes it seem so easy. Travel nurses guys! That’s where alll the money is

    @rdnth6990@rdnth6990Ай бұрын
    • Sounds like the plot of a sexy movie with many laughs. What will those hot travel nurses get up to in his house!

      @BigBadJerryRogers@BigBadJerryRogersАй бұрын
  • thanks for sharing your experience and info but buying the house needs money and we don't have it can you make a video about making money

    @MrProo@MrProoАй бұрын
  • Keep in mind, you need phenominal credit for a good rate on a lot of these loans.

    @MattsWrightUSUALLY@MattsWrightUSUALLYАй бұрын
  • Theres way more to take into account Brett.. is it in a safe location? Is it in a flood zone? How much is insurance? Do your renters have rent insurance? Do you place all of them in a LLC? Do these nurses have high turnover and how long do they remain vacant for? ...

    @johnny-mnemonic13@johnny-mnemonic13Ай бұрын
    • Yes of course.. this video is just to introduce the method. Happy to go into more detail if people are interested

      @BrettMaverick@BrettMaverickАй бұрын
    • @@BrettMaverick yes that would be 👍.. also important about finding honest and dependable contractors as well as property managers

      @johnny-mnemonic13@johnny-mnemonic13Ай бұрын
  • Yoo Brett

    @GunduzMmmdov-hc7ho@GunduzMmmdov-hc7hoАй бұрын
  • This man is beautiful ❤

    @natnat_o3@natnat_o3Ай бұрын
  • Wow ❤❤❤❤

    @stacypalmer1985@stacypalmer1985Ай бұрын
  • respect

    @user-nt3un6ox8j@user-nt3un6ox8jАй бұрын
  • Can you use this method in different countries than the USA?

    @cactuschill@cactuschillАй бұрын
  • Housemaxxing

    @itsShadowmonarch@itsShadowmonarchАй бұрын
  • Good conte't

    @Mohamed_lmo28@Mohamed_lmo28Ай бұрын
  • First one 🙌🏽

    @anshsingh2044@anshsingh2044Ай бұрын
  • Ill mew for 1 minute for every like

    @TcurrieThe3rd@TcurrieThe3rdАй бұрын
  • greAT

    @abhinavmalhotra2473@abhinavmalhotra2473Ай бұрын
  • This is literally was i just talking about

    @United_Wings@United_WingsАй бұрын
  • In the early 2000's I wanted to get into real estate, most properties would cashflow $100 a month under normal circumstances. I'm amazed travel nurses will pay more than the already crazy rents out there these days, they should just shack up with a new guy in every town and save all that income.

    @Billionaireben@BillionairebenАй бұрын
    • Cash out refi's generally require a certain amount of income, not necessarily just a tenant paying one's rent.

      @Billionaireben@BillionairebenАй бұрын
  • Good luck with the squatters

    @btoss1@btoss1Ай бұрын
    • Only invest in landlord friendly states

      @BrettMaverick@BrettMaverickАй бұрын
  • Does anyone know if EU countries have something like "cash out refinance"?

    @rikinosi@rikinosiАй бұрын
  • what if interst rates's high in my area?

    @josh-bs1vq@josh-bs1vqАй бұрын
  • Brett gadzi maverick

    @prasaanthsai9578@prasaanthsai9578Ай бұрын
  • But you don't get all your money back because now you have a $70,000 loan to pay back per house?

    @DougieHughes-Williams@DougieHughes-WilliamsАй бұрын
  • What even is this channel at this point

    @ForeskinGaming911@ForeskinGaming911Ай бұрын
    • Literally

      @ChapatiMan@ChapatiManАй бұрын
    • Life improvement

      @KadenVe@KadenVeАй бұрын
  • I make the First like and comment

    @ateetesports7188@ateetesports7188Ай бұрын
  • mr beast video

    @BunnyZilla18@BunnyZilla18Ай бұрын
    • The thumbnail kinda but the video better even than iman gadzhi

      @pfs.r@pfs.rАй бұрын
  • Lmao scam central

    @oaga71625e@oaga71625eАй бұрын
  • But you get many move sponsors easily

    @victortesla2935@victortesla2935Ай бұрын
  • what the fuck is your instagram story 💀💀

    @Catchity@CatchityАй бұрын
  • Bro made me realise he's gonna leave KZhead in maybe 5 year max

    @Box.15@Box.15Ай бұрын
  • WTH bro what is your budget

    @ZachClarkFilms@ZachClarkFilmsАй бұрын
    • $50K

      @BrettMaverick@BrettMaverickАй бұрын
    • @@BrettMaverick I meant job wise not the houses

      @ZachClarkFilms@ZachClarkFilmsАй бұрын
    • ​@@ZachClarkFilmsthats not called budget

      @Ambatukam31420@Ambatukam31420Ай бұрын
    • @@Ambatukam31420 I realized when he responded

      @ZachClarkFilms@ZachClarkFilmsАй бұрын
  • Bro , Just don't get broke

    @royDiganta@royDigantaАй бұрын
  • Realestatemaxxing

    @hyppocampf@hyppocampfАй бұрын
  • Can you say yoo Gündüz

    @GunduzMmmdov-hc7ho@GunduzMmmdov-hc7hoАй бұрын
  • who can here from that reel 👇

    @Mdmaaz1108.@Mdmaaz1108.Ай бұрын
  • Brett,I recommend you to read the book Rich dad Poor dad because it explains about the real state. It will be a great help to you.

    @ManeeshaDilhara@ManeeshaDilharaАй бұрын
  • Brett, no disrespect but with your audience if you’re not making $100k+ per MONTH something’s not right. As someone with knowledge of real estate I can respect where this is going but I think you would better leverage your time, money and effort if you pour it back into your audience and the things you know most📈

    @christianahava@christianahavaАй бұрын
  • Where is Chadvice I miss it man

    @Pugo167@Pugo167Ай бұрын
  • Can EU citizens copy this?

    @maurokjr984@maurokjr984Ай бұрын
    • Some European countries offer cash out refinance. But you will have to look up the specific country

      @BrettMaverick@BrettMaverickАй бұрын
  • buy Bitcoin.

    @Bit2bi@Bit2biАй бұрын
  • bro u so ritch but I'm gonna be too :DD

    @popo-brawlstars319@popo-brawlstars319Ай бұрын
  • This is so horrible, landlords are monsters

    @bugsythetwin3022@bugsythetwin3022Ай бұрын
    • if ur a sh*t tenant yeah they are

      @BrettMaverick@BrettMaverickАй бұрын
    • @@BrettMaverick nah man I mean the passive income makes a person into a monster, after a while you will raise rents just to get more money or to finance something else it’s just soulless

      @bugsythetwin3022@bugsythetwin3022Ай бұрын
    • @@BrettMaverick but it’s cool you’ll find out

      @bugsythetwin3022@bugsythetwin3022Ай бұрын
  • Be careful with real estate. The comodification of real estate has destroyed the housing market and ruined any prospect of a generation from owning their own home.... Great for the owners, sucns for wverybody else

    @orpheus0108@orpheus0108Ай бұрын
  • Wtf

    @danhill8164@danhill8164Ай бұрын
  • 1st

    @cherryio4291@cherryio4291Ай бұрын
  • First

    @kakashi-zr8yn@kakashi-zr8ynАй бұрын
  • Islam ☪️ is the only true religion Look for it

    @ONEBROO@ONEBROOАй бұрын
  • How are you going to deal with squatters?

    @computerssucks@computerssucksАй бұрын
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