Real Estate Investing with Jay Conner, The Private Money Authority
In today’s episode of Real Estate Investing with Jay Conner, The Private Money Authority, Jay’s guest, Corey Reyment talks about the BRRRR strategy.
The BRRRR strategy stands for Buy, Rehab, Rent, Refinance and Repeat. This method is a real estate investment strategy that involves flipping distressed property, renting it out, and then cash-out refinancing it in order to fund further rental property investment.
Corey Reyment is a full-time real estate investor originally from Green Bay. He and his wife Carrie recently purchased a home in Seminole, FL, and are spending their winter months out of the freezing cold.
Corey and Carrie bought their first duplex at the end of 2016 and parlayed that into 115 doors within three years of that first purchase using the BRRRR Strategy almost exclusively creating a portfolio now worth over $8 Million dollars. They also run Fox Cities Home Buyers and Wisconsin Discount Properties, the largest real estate wholesaling company in Wisconsin, where they did about $2 million in revenue in 2020.
They also teach students across the country who are looking to get their first BRRRR Deal and run a Mastermind Group called Launch, which helps businesses go from working in their real estate business to working on their business.
Timestamps:
0:01 – Introduction
1:08 – Jay’s New Book: “Where To Get The Money Now” – https://www.JayConner.com/Book
2:04 – Today’s guest: Corey Reyment
6:15 – It’s all about making an impact in other people’s lives.
7:47 – The BRRRR strategy with Corey Reyment
11:58 – Two kinds of rehabs
13:02 – In your BRRRR strategy, how do you approach rehab?
17:13 – How do you find your deals?
21:08 – Favorite list for direct mail
21:52 – “ P.E.N.D.” – Probate, Evictions, Notice of Default, Divorce
23:18 – What makes BRRR strategy different
25:55 – Connect with Corey Reyment: https://www.CoreyAndCarrie.com
Private Money Academy Conference:
https://jaysliveevent.com/live/?oprid=&ref=42135
Have you read Jay’s new book: Where to Get The Money Now? It is available FREE (all you pay is the shipping and handling) at https://www.JayConner.com/Book
Free Webinar: http://bit.ly/jaymoneypodcast
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.
What is Real Estate Investing? Live Private Money Academy Conference
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