Sarah Larbi: Building a 7-Figure Real Estate Portfolio Using A Simple Strategy Called 'The BRRRR Method'
The Andrew Bilak Show04/14/20 • 62 min
"If I was always waiting for the perfect deals I would not be where I am today. Has to be good enough, and enough good enough will be great over time"
Who Is Sarah Larbi:
Sarah Larbi is a speaker, coach, mentor, podcast host, and she specializes in real estate investing. She has built and grown a seven-figure, 10-property investment portfolio in her early 30’s. She has accomplished this by using an investment strategy called the BRRRR Method. BRRRR stands for - Buy, Renovate, Rent, Refinance and Repeat.
What We Talk About On This Episode of The Andrew Bilak Show:Cashed out her vacation at her job and combined that with her savings and invested into her first property when she was 28
She's been working full-time while investing in Real Estate on the side
Her 1st property was a single-family home in Brantford, Ontario built in the 1800's
Saving to buy or invest in Real Estate is a slow way to build wealth - hear how she suggests you do it
Investing in real estate using the BRRRR method - Buy, Rehab, Rent, Refinance, AND Repeat
The key to this method is finding properties that need some work done to them
Sarah gives an example of her own BRRRR investment and how you can mimic it for your own investment
The most important factors you need look at before choosing a location and property to invest in
The do’s and don’ts of your renovation
You should always work with a mortgage broker instead of working directly with your lender
Don’t always expect to pull your entire initial investment back out from the property when you refinance - here's why
The 'dream team' you need to build to support your success when investing in real estate
Why tenant screening is insanely important
Working with JV’s (Joint venture) partnerships and what that entails
Best practices for those just getting into Real Estate investing
Resources:
website: sarahlarbi.com
Email: [email protected]
Instagram: @investorsarahlarbi
Reiteclub.com
Real Estate investing fundamental checklist can be found at - Sarahlarbi.com
andrewbilak.com
Don't forget to subscribe and rate and review The Andrew Bilak Show on apple podcasts :)
04/14/20 • 62 min
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