Відео

13%-15% cash on cash return....how is that a fail? most youtubers are now talking about "deals" with 30% return...not real, maybe you couldnt get the value up to refinance and create a "bubble value" but rent went up...overall a great deal

Hope you make more videos bro! You’re good at it! Great video

Sounds like a win to me lol

Thank you for sharing!!!

i want to do this but i got a brand new 2024 model. I don't feel comfortable letting randoms drive it yet :( paranoid they will drink. and hit it everywhere

How do I connect with you man? I need help getting started

Hey. I’m willing to do the same exact thing with the same car. A c8 convertible. I wanted to know if you live in Norton Virginia only because of the amount of bookings you got!

Brandon - On Turo, how many miles did you tires last before it was time to replace them? Seems like this is the biggest/most frequent wear-and-tear item, and I don't have a good sense of how to forecast that for the C8 I'm considering listed in CA

How long does it take turo to accept the cars?

Are you on IG or Facebook bro? I live close in MD, would love to link

Is it still profiting 2024?

I'll make sure not to make the same mistake. Thank you for sharing your experience!

Are you using an llc & how does insurance work. Do they have to have insurance for the value of the car or they buy insurance through Turo?

Baseboard heat is fine. New windows doesn’t bring in additional rent. $120,000 in renovations!?!?! That’s a lot of money! What city are you?? Because Seattle is strong strong market

Rental properties can get away with a lot less. For cosmetic rehab, which is what it sounded like, you could have put in half the amount and still commanded market rents. Understanding comps and ARV, helps give you the option to flip, not just refinance.

Great job on the property purchase and investment. Thank you for sharing your experience.

I respect the transparency, may fortune flow your way

Brandon is there anyway I could take you for lunch sometime to pick your brain and I’ll throw in $100 ? We seem like likeminded individuals and I’ve got some questions

What add ons did you add to it boss? What’s the best way to finance it?

I cannot believe you put that together with that screw missing. My mind would not have accepted that lol

I owe 122k for a property profiting about 1700 a month from this property. I recently renovated this property and comps are 400k+. I want to try the brrr method but I'm a little scared because I want to keep this property because it holds sentimental value with me. I can renovate the basement and get another thousand a month from it. Total profit with be about 2700 a month. But if refinance under my llc my monthly payments will go to 2600 a month minus the insurance and taxes.

Thank you for sharing your mistake and allowing us to learn from it! The renovation looks great and at least your still in the black from rental income

What area

$13% is good!

So he probably raised the rent, and both tenants left, and renovated. Its so bad for the poor, older cheap units are getting less and less.

how did it do in the winter? i live in va beach to this past winter it didn’t snow or anything so just wondering how was it under those conditions. thanks for the vid!🙏🏽

130$ in insurance ? how

that duplex is killing it

Thank you for being so honest and teaching us

not really a fail. it’s just the refinance didnt work at this time. keep holding it by renting the units and have faith that rate will drop

Great story. We need more people to share their experiences!

Is the car still profitable a year later?

How do you check the prices of the houses that’s surrounding the investment property?

Hey Brandon, seeing this video a year after it was made, but thank-you for your honest story on the BRRR method and what you learned + wished you had done differently. I am hoping to try this method at some point and this was very helpful too see what can go wrong and things to look out for. Also great to hear the deal is still cash-flowing and was a strong ROI investment. The thing that is alluring to the BRRR method is saving money once, buying in cash (if you can), and pulling that money out for the next deal and so forth, so can't wait to cautiously start, thanks again!

So you paid 64839,48 dollars to renovate the house. That brings in an extra 1170 dollars monthly. This means it will take about 55 months to break even. After that period you'll make an extra 1170 monthly until the next renovation.

This is good info! Luckily You can always refinance later. Though your money will be tied up

Best way to learn is from your mistakes

Dang thanks for sharing! Getting ready to do my first BRRR on the third property I own.

Biggest lesson here; never SPECULATE!!!

Thank you for your experience. I’m glad you are still being optimistic about it

Thanks for sharing!

Thank you for sharing your experience

great great video, thank you

<Acquiring my first rental property was a pivotal step in my investment journey. It's not just about owning property; it's about generating passive income and building long-term wealth. Finding the right property, understanding the market, and managing it effectively have been key. I wasnt financial free until my 50’s and I’m still in my 50’s, bought my second house already, earn on a monthly through passive income and got 4 out of 5 goals, just hope it encourages someone that it doesn’t matter if you don’t have any of them right now, you can start TODAY regardless your age INVEST and change your future! Investing is a grand choice I made😊

do allbanks want you to have 30% or just the bank you were dealing with at the time of the video?

Thank you sir for the video

*SUSBCRIBED for an honest and brave review delivered in an easy and straight forward way. Good voice tone that is easy on the ears. no fake passion no screaming no hype. Keep up the good work.*

Great cars!

I’d say it’s a win based on your cash flow. 13-14% ROI is really good. It takes about 7 to 8 years to see that back.

Thanks for your transparency. This is good information.