Unlock the secrets to mastering the "Buy" step of the BRRRR strategy 💡 in this action-packed episode with the Property Brothers! Whether you're a seasoned investor or just starting your real estate investing journey, we'll show you how to find the perfect deal, build a solid buy box, and avoid costly mistakes. Learn how to analyze properties, spot rental-grade opportunities, and make offers that set you up for success in building a portfolio and creating financial freedom.From breaking down housing market trends to sharing real-world tips for long-distance real estate investing, we’ve got you covered. Plus, we dive into financing options, the importance of sticking to your numbers, and how to force equity by identifying distressed “lookers” ready to transform into profitable rental properties. 🏠Follow along as we analyze a live deal and share our personal experiences to help you navigate the buy process with confidence. Ready to take control of your financial future? Hit that like button, subscribe for more real estate wisdom, and join us on the journey to creating financial freedom today!#RealEstateInvesting #BRRRRStrategy #RentalProperty #LongDistanceRealEstate #FinancialFreedom#realestaterookie #duediligence #biggerpockets #housingmarket #longdistanceinvestingCHAPTERS:00:00 - INTRO02:48 - BUYING STRATEGIES06:53 - FORCING EQUITY IN REAL ESTATE11:44 - FINDING A DEAL12:39 - PROPERTY DISCOVERY PROCESS16:40 - PROPERTY ANALYSIS TECHNIQUES21:40 - USING BIGGERPOCKETS RENTAL ESTIMATOR27:55 - EVALUATING A GOOD DEAL29:35 - DEALPILOT FOR ARV ANALYSIS32:15 - ZILLOW FOR ARV ESTIMATION36:35 - COMPARABLE ANALYSIS40:07 - ESTIMATING REHAB COSTS44:00 - MAXIMUM ALLOWABLE OFFER (MAO)48:20 - FINANCING A BUR PROPERTY56:00 - UNDERSTANDING POINTS IN LOANS57:45 - BRIDGE LOAN INTEREST RATES1:00:04 - FINAL THOUGHTS1:04:12 - OUTRO
