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  • Buy, Rehab, Rent, Refinance, Repeat

  • The BRRRR Rental Property Investment Strategy Made Simple
  • Written by: David M Greene
  • Narrated by: Clifford Ponder
  • Length: 13 hrs and 38 mins
  • 4.7 out of 5 stars (152 ratings)

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Buy, Rehab, Rent, Refinance, Repeat

Written by: David M Greene
Narrated by: Clifford Ponder
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Publisher's Summary

Invest in real estate, flip houses, buy rental properties, and never run out of money - using the hottest strategy in the real estate world!

“From A-Z (or B-R), David covers just what you'll need to execute like a master and build wealth like the pros." (David Osborn, New York Times best-selling author)

For years, investors have built wealth through real estate the hard way: slowly saving money and sacrificing their current happiness for a future reward. While this method produces results in the long run, what if there's a better, more efficient way that works in years instead of decades?

Buy, Rehab, Rent, Refinance, Repeat is the five-part BRRRR real estate investing strategy that makes financial freedom more attainable than ever: You buy a property under market value, add value with renovations, rent it out to tenants, complete a cash-out refinance, then use that money to do it all over again. In this book, author and investor David Greene shares the exact systems he used to scale his real estate business from buying two houses per year to buying two houses per month using BRRRR.

This easy-to-follow plan will grow your wealth quickly without letting a lack of cash get in the way of pulling it off. With the BRRRR method, you’ll create wealth with real estate investment properties and BRRRR your way to financial independence!

Inside, you'll discover:

  • A solid plan for getting started, even with limited capital 
  • How to identify target properties locally and all over the country 
  • Negotiation tactics for making offers that get accepted 
  • How to recover 100 percent (or more) of your money in a deal 
  • Unique ways to increase a property's value (and your own net worth) 
  • The key to identifying emerging markets destined for huge growth 
  • How to recruit top talent to work on your deals (so they build wealth for you!) 
  • And so much more! 
©2019 David Greene (P)2019 BiggerPockets Publishing

What listeners say about Buy, Rehab, Rent, Refinance, Repeat

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    3 out of 5 stars
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    3 out of 5 stars

Not totally for Canadians

Some principals are applicable but unfortunately as an investor myself already, the numbers that the book illustrates, specifically to property prices, in my opinion, simple won't work in the greater Toronto area. Also, I find the narrator's pitch a bit annoying.

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10 people found this helpful

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Strawman Opening

Greene is a smart guy, but the opening comparison between a “traditional” saver and a rehab “master” is disingenuous. This is especially apparent when Greene goes into the equity disparity accumulated between the two investors.

The issue here is that the saver is made out as a perfect straw man, and the master is made out as a perfect iron man.

Who, in what market, can work a 9-5 job (even with the described overtime) and buy a property at 100% equity? Maybe you can do that, but you’re living out of your car. The saver seems to be living in 1950’s America.

Furthermore, who, with little to no experience or relationships, is going to become a BRRR master “overnight” (notwithstanding the 2 years it takes this character to develop the capital and network to find his first deal). How does this “master” convince his contractor - who he hasn’t actually ever worked with before other than on several deals spread over about as many years - that he’ll pay him on time? These are the real skills of the master - not his deal-making strategy, but his cunning, persuasion, emotional intelligence and blind-luck.

The reality is that there is a middle ground that is far more typical that is not discussed in the beginning of this book, which I wasn’t able to get past. This strategy is also far more typical of true savers, and is the way that most pros that I know actually get ahead.

Here’s the middle-ground, which is the strategy that the Canadian government (where I live) essentially encourages, by way of mandating that mortgages with under a 20% down payment get an insured mortgage, which can often be cost-prohibitive. This is mandated federally.

Here’s the solution: Put down 20% for you first several deals. Maybe BRRR is a great strategy if you have an established lending and labour network, but why can’t you do that after accumulating equity through a portfolio first? Because that’s how people in real life typically do this, but according to this book that option doesn’t exist.

That’s why “0$ in equity vs. 1.7M$ in equity” is so nonsensical. You can still maintain and build equity in an appreciating real estate asset without being mindlessly aggressive.

Vocal performance was clear but misread certain words.

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8 people found this helpful

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    3 out of 5 stars

disappointed

Unfortunately I was very disappointed, I expected more from David being an amazing co-host of the podcast. Unfortunately there is a lot of repetition in this book that could probably be less than half the length, and most of the content was more geared towards beginners rather than seasoned investors. This book definitely has value but if you are not a beginner I would not waste your time on this book.

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4 people found this helpful

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This book will change your life

If you’re sick of slaving to make someone else rich, want to own your own home(s), build a legit empire, and learn a ton of skills that will put you miles ahead of other investors...
Read. This. Book.
If you don’t, you’re just messin’ around.

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3 people found this helpful

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Clear, concise, and informative

Definitely going to read this again and review my bookmarks. there are a lot of powerful strategies here.

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1 person found this helpful

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great information

great book i have listened to it more than once and still learn new things each time.
I find the narrator a little dull and think David or Brandon should have read it to go it that BP voice

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    3 out of 5 stars
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Good but not up to date for 2023

I buy into everything he says, Buy, Rehab, Rent, Refinance, Repeat. I just can’t get over the idea of buying a house for under $100K, he gives multiple examples of buying $50K houses to rehab and rent. You can’t find a single family home under $500K in Montreal. Duplexes and triplexes are all over $1M and with 2023 interest rates it’s almost impossible to be cash flow positive. Not to mention all the laws that protect tenants from owners increasing rents.

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Great Book

Really enjoyed this REI investing book, I look forward to listening to more books similar to this.

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    5 out of 5 stars
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Great book

Great book clearly outlining the BRRRR strategy. Highly recommend this book for anyone who wants to get started.

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    5 out of 5 stars
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Professional

Covers all the topics in details.

I recommend this book to anyone interested in building a cashflowing rental portfolio

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  • Joe
  • 2020-01-03

BRRRR to your next property

I currently own 4 properties, all out of state from where I live. After purchasing the 3rd property, I realized if I was going to scale my portfolio, I needed a better way of purchasing my properties. I had heard about the BRRRR method many times on the Biggerpocket podcast but never in enough detail. This book goes into great detail on how to approach each step of the process. I purchased my 1st BRRRR deal recently using personal and private money. I felt confident in the buying and renting portion but was worried about the rehab and Refinance section. Luckily, the book does a great job explaining what rehabs to do not just to increase rents but also increase your property value for the refinance. I have to wait 6 months of seasoning before I can refinance, but I was able meet with a few lenders on completing this final stage. I am still nervous for what the final refi will look like but I am happy to say that the two units are rented out and cash flowing well. I will try to update this post after my refinance.

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58 people found this helpful

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  • Alex Summerour
  • 2019-07-13

Great Read!

I definitely recommend this book to anyone who wishes to get in to real estate investing. However, I would recommend buying the physical book rather than the audiobook because the narrator completely skips over some valuable illustrations and examples.

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56 people found this helpful

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  • Bamboo
  • 2019-09-20

Not bad, brings insights

I originally got this book in the hopes it would give me details on how to do what the title says. It ended up being more of a motivation book, with some advice about the BRRRR process and how it can benefit you.
This is not for you if you want a book that gives very explicit instructions on how one might buy, rehab, rent, and/or refinance a home.
The reader did a great job with it, and it does give some good general advice and motivation that can be applied to BRRRR or any other business practice.

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  • Kindle Customer
  • 2019-07-20

Great Informational Book! Almost 5 Stars, but...

This book was great for someone just getting into BRRRR investing and wanting tangible information to take action with, especially some of the insider knowledge you wouldn't know unless you were in the industry.
.
Sadly the ONLY reason it is not 5 stars is because it was NOT narrated by David Greene...the person who read it was pretty robotic sounding and I prefer to hear the passion and intention from the author's voice with audio books.

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  • Booklover127
  • 2019-10-15

Excellent book!

This book is basically a step by step tutorial on how to get into property investment and smash it out of the park, while avoiding the common pitfalls. The tips are legit awesome, and I would say this book is so thorough it leaves no stone un-turned.

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21 people found this helpful

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  • Jon Beets
  • 2019-08-30

The best book on home real estate investing

Very well written with continuous examples throughout. This should be your first book if your looking to invest in real estate. I have read several other books on the subject and this one is the best.

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  • Fiasco
  • 2020-01-02

Repetitive and not worth it

Didn't make it through half the book. Uses one simple concept, that make sense and drags it out in 2 hours of reading or listening. Waste of money.

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  • ANGELICA
  • 2019-08-11

Blue print to success in real estate!

This book is a step by step guide to a very successful strategy for investing in real estate. David Greene leaves nothing to the imagination, it's all spelled out for you. I just started my refinance and look forward to applying what I learned. Mahalo David!

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  • Steve Duffley
  • 2019-06-09

A Must for New Real Estate Investors

I have owned and managed income properties for over 30 years and this book has given me a path to follow with my children and their Real Estate careers.
Thank you thank you thank you and God Bless! Respectfully Steve Duffley duffley.com

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  • Amazon Customer
  • 2019-07-17

This is the best book on the topic to date.

Best book on the topic to date - a marriage of rehabbing and buy & hold skillsets.

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  • Lewis John
  • 2021-01-14

A must read for all property entrepreneur!

Great book. Informative and to the point. Good examples given to make it easier to understand.

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