Investment Strategy: BRRRR vs. Filthy Riches
However, the Filthy Riches plan stands out with a few additional advantages, including:
NO loans needed.
NO bank loans needed by buyers to resell your properties.
NO problem finding deals.
NO getting stuck on the next step.
NO taking on wild risks or gambling on the market.
NO fixing up properties.
NO credit checks.
NO financing delays.
NO limits on where you can buy or sell.
NO competition.
With this strategy, you can make more money on a $ 5,000 house than the average investor makes on a $ 100,000 house with the BRRRR strategy.
Investment Strategy: BRRRR vs. Filthy Riches
In fact, you can make 141.88 % returns, on a $ 5k house, with no rehabbing, and no tenant hassles. That’ s $ 45,563.06, back on a home bought for just $ 5,000! You can take those returns in monthly cash flow, lump sum payments, or a combination of both. This system allows for far easier scaling and diversification, which can rapidly put 19 deals under the control of an investor, within about 12 months.
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