Update and Lessons Learned from Timberland BRRRR

Update and Lessons Learned from TImberland BRRRR

Neil and Brittany Henderson break down one of their latest real estate purchases, a single-family rental in North Carolina that they recently executed the BRRRR (Buy, Rehab, Rent, Refinance, Repeat) strategy on.  Neil breaks down the lessons learned, the mistakes and the successes.

  • The property highlights
  • Type, size, location
  • What was the purchase price?
  • What were the rehab costs and was there anything unexpected?
  • What was our “all-in” cost to buy and rehab?
  • Were there any other costs associated with the purchase and rehab?
  • What did the property appraise for after it was rehabbed?
  • What does it rent for?
  • A lesson learned from using the Delayed Finance program.

About the author, Neil

Neil Henderson is the co-host of The Road to Family Freedom, a self-storage investor, and avowed proponent of short-term rental house hacking. He founded The Road to Family Freedom to guide busy parents to financial freedom through passive real estate investing.