Real Estate Investing Minus the Bank

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The BRRRR Method is one of the best strategies for building long-term wealth and it gives real estate investors so many other benefits. In this video, we’re talking about the top 6 benefits of investing in real estate using the BRRRR method and if you want to start creating massive wealth too, this one is for you!

Watch now to learn what the top 6 advantages of using the BRRRR method are and how you can use them to your advantage!

Key Talking Points of the Episode

[00:00] Introduction
[00:15] Cash flow
[00:38] Good debt
[01:21] Leverage
[02:23] Appreciation
[03:11] Tax benefits
[04:26] Wealth creation
[05:00] The tax code

Quotables

“You’re gonna create cash flow because you’re gonna acquire rental properties. That’s really what this method is designed to do.”

“Rentals, if done right, will pay you to own them. You charge more in rent than all of the expenses, so your net operating income on these properties is positive. It’s cash flow.”

“Well, if you put debt on a credit card, you gotta pay it back, typically. But if you go rack up debt on an asset, a property that’s rented out, the tenants are gonna pay that debt all for you.”

“Now, it may not happen in a day, a week, or a month, but over a course of 5, 10, 20 years, you can have houses that are paid off.”

“Having good debt is a massive advantage over having bad debt, so you gotta understand the difference between these two things.”

“Leverage is in every step of the process, but leverage is what allows me to do cool things like this with you today and not be out on the job site with a hammer and a paintbrush. I don’t like doing that type of stuff.”

“I never bank on appreciation. I think that people that buy a property and hope to sell it in 6 months to a year, they’re speculating. But if you have a long enough mindset - 5, 10, 15, maybe even 20 or 30 years, the odds of your property appreciating is very, very likely.”

“Most people don’t know this but you only pay tax when you earn income or create an income or a taxable event because of income.”

“Wealth isn’t taxed, income is taxed. So instead of flipping that property and putting $20K-$30K in my pocket, I’m gonna hold it and I’m gonna have $20K-$30K in equity.”

“You don’t pay tax when you create wealth, you only pay tax when you create income.”

“Real estate and the BRRRR method is one of the best ways to massively expand your wealth in a short period of time because the tax laws are written by people who own real estate.”

“What happens is wealthy people run for office and they spend a lot of money to campaign, and when they get there, they write the laws to protect themselves and their friends.”
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Jay Conner is a proven real estate investment leader. Without using his own money or credit, Jay maximizes creative methods to buy and sell properties with profits averaging $64,000 per deal.

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