Brrrr Quotes

The key to rehabbing a BRRRR property is to make the property as “tenant proof” as possible, using materials that will last a long time and won’t need to be redone later.

Three hard of hearing guys are at a street corner. The first one says, ‘Brrrr, it's windy!’ The second one says, ‘No, it's Thursday.’ The third one says, ‘Me too, let's get a drink.

Almost every great deal came as a result of some investor having the ability, desire, and plan to fix someone else’s problem. Money was made as a result of this. If you want to make wealth in real estate, learn how to fix other people’s problems and you will find that wealth finds you.

Success comes through repeating a process over and over until our brains figure it out—usually by spotting patterns of things that worked and things that did not, and remembering them.

If we make sure the ROI we make on our money is higher than the interest rate we are paying to borrow the money, we come out on top. For example, let’s say we invest that $30,000 at the same return we received in the last deal (15 percent). A 15 percent return on $30,000 would be $375 a month. $30,000 x .15 = $4,500 $4,500 / 12 (# of months in a year) = $375

Understanding this will help you immensely in your business.

Breaking big problems down into smaller pieces is how experts approach obstacles.

challenged

The “velocity” of our money makes a very big difference in the overall wealth-building game.

Never seen the appeal of hot tubs. Glorified paddling pools for swingers,’ Lorna said. ‘A bubbling cauldron of suburban pervs. You always ponder what percentage of that tepid water is covert wees. You’d never get into a bath with your neighbours, would you? Brrrr.