Golden Age of BRRRR is over

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In this video

• 00:00 the Golden Age of Burr has ended for long-term rentals in Tampa I'm going to show you what I'm seeing uh because…
• 00:19 300K 90 90,000 into the rehab all of a sudden it's worth 600k um you're already negative cash flow at you know…
• 00:38 and then all of a sudden your monthly net cash flow is negative almost $1,700 a month so I'm not really sure…

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Caption transcript. This text is pulled from YouTube captions and may contain minor wording errors.

[00:00] the Golden Age of Burr has ended for long-term rentals in Tampa I'm going to show you what I'm seeing uh because I feel like there's a disconnect out there okay this is this is like a sample deal on a really kind kind of a unicorn deal that I just threw up here uh I kind of embellished a good deal that I found but

[00:19] 300K 90 90,000 into the rehab all of a sudden it's worth 600k um you're already negative cash flow at you know conservative 2700 a month in rent toll so and rins um the rins aren't really going to go up that much cuz I already predicted them at the arv value and let you pull out $90,000

[00:38] and then all of a sudden your monthly net cash flow is negative almost $1,700 a month so I'm not really sure how anybody's talking about doing burs successfully right now I don't know is there something that I'm missing here no seriously am I missing something