Dillon Cook
DealCooker
Dillon Cook

Video - Buyer / Investor

Golden Age of BRRRR is over

Change my mind...It's impossible to fully leverage brrrr with a long term rental. The good news is you can partially and fully utilize it with the Padsplit model. Tampa investors and real estate buyers...

  • PublishedDecember 20, 2023
  • Text layerFull captions
  • Read time1 min read
  • Runtime0:56
  • Local guideTampa
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Source: YouTube captions (EN).

Change my mind...It's impossible to fully leverage brrrr with a long term rental.

The good news is you can partially and fully utilize it with the Padsplit model.

Tampa investors and real estate buyers need to consider alternative exit strategies if they get caught in the market.

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Change my mind…It's impossible to fully leverage brrrr with a long term rental. The good news is you can partially and fully utilize it with the Padsplit model. Tampa investors and real estate buyers…

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In this video

  • Change my mind…It's impossible to fully leverage brrrr with a long term rental.
  • The good news is you can partially and fully utilize it with the Padsplit model.
  • Tampa investors and real estate buyers need to consider alternative exit strategies if they get caught in the market.

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Source: YouTube captions (EN).

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

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