REI116: Managing Contractors, Rehabs, and the BRRRR Strategy w/ Andresa Guidelli

54 min • 4 april 2022

In this week’s episode, Robert Leonard talks with Andresa Guidelli about what the BRRRR strategy is, how new investors can use the BRRRR strategy to fund real estate deals with less than 20% down, which items should be fixed during a rehab, how to find contractors, how to protect yourself from contractors, and much, much more!

IN THIS EPISODE, YOU’LL LEARN:

00:00 - Intro

01:54 - What the BRRRR strategy is and how it works.

01:54 - How to use the BRRRR strategy to reduce your down payment.

04:58 - Which items should be fixed during a rehab?

19:45 - How to find and vet contractors.

39:32 - How to protect yourself from getting ripped off by contractors.

46:07 - How to challenge an appraisal and why you might need to.

And much, much more!

*Disclaimer: Slight timestamp discrepancies may occur due to podcast platform differences.

BOOKS AND RESOURCES

Join the exclusive TIP Mastermind Community to engage in meaningful stock investing discussions with Kyle and the other community members.
Robert Leonard’s book The Everything Guide to House Hacking.
Learn about our Investing Starter Packs on real estate.
A brand-new newsletter all about house hacking.
Jay Papasan’s book The Millionaire Real Estate Investor.
J Scott’s book The Book on Estimating Rehab Costs.
Mark Ferguson’s book The Book on Negotiating Real Estate.
All of Robert’s favorite books.

NEW TO THE SHOW?

Check out our Millennial Investing Starter Packs.
Browse through all our episodes (complete with transcripts) here.
Try Kyle’s favorite tool for picking stock winners and managing our portfolios: TIP Finance.
Enjoy exclusive perks from our favorite Apps and Services.
Stay up-to-date on financial markets and investing strategies through our daily newsletter, We Study Markets.
Learn how to better start, manage, and grow your business with the best business podcasts.