Charlotte NC 




8 Best BRRR Books Every Real Estate Investor Should Read

For those investors who are handy or have a solid contractor team, the buy, rehab, rent, and refinance strategy — also called BRRRR or BRRR — can be a profitable one. BRRRR refers to “buy, rehab, rent, refinance, repeat” and is a tried-and-tested real estate investing strategy if done properly. But to master BRRRR, investors need education.

The best BRRRR books can be hard to come by because this is such a complex investing strategy — there are so many moving parts to the BRRRR method. You need to buy, rehab, and refinance properly, all of which require different sets of skills. Here’s an overview of the eight best BRRRR books every real estate investor should read.

1. Buy, Rehab, Rent, Refinance, Repeat: The BRRRR Rental Property Investment Strategy Made Simple

by David M. Greene

Starting with a solid plan, this book teaches investors how to identify properties both locally and at a distance, as well as how to recover 100% of your capital in a BRRRR deal. Author David Greene also gets into innovative ways to increase a property’s value and shows investors how to identify emerging markets. This last part is particularly important for investors who want to maximize ROI, because as you know, you make money when you buy a property, not when you sell it.

2. The Book on Estimating Rehab Costs: The Investor’s Guide to Defining Your Renovation Plan, Building Your Budget, and Knowing Exactly How Much It All Costs

by J Scott

Key to the BRRRR strategy is rehab and renovation. This is why this book is so important for investors looking to tackle this strategy. J Scott shows readers exactly how to estimate renovation costs and goes over the tried-and-tested steps of a professional framework and methodology for renovations.

This knowledge comes from Scott’s hundreds of successful rehab projects. In this critical book, you’ll also learn about renovation scope and inspections, upgrades that improve ROI the most, over 150 renovation projects you’ll likely encounter, how to anticipate big problems, budgeting, and a breakdown of the 25 components of any rehab project.

3. Renovation 5th Edition

by Michael Litchfield and Chip Harley

This is by far one of the best BRRRR books. When it comes to detailed tactics of home renovations, this book gives investors a complete, comprehensive resource. The two experienced authors blend their collective wisdom in one book, explaining in great detail (and visuals) the thousands of small projects that go into a complete renovation project.

The authors detail the realities of planning renovations, spending wisely, maximizing space, and building long-lasting real estate assets. In over 600 pages, you’ll get specific instructions on projects that include doorswindows, skylights, electrical wiring, structural carpentry, masonryfoundations, and so much more.

4. The Visual Handbook of Building and Remodeling

by Charlie Wing

This BRRRR book is required reading for anyone who’s hands-on when it comes to renovations and rehabs. This visual handbook gives investors executing BRRRR the practical knowledge of how individual projects work. With almost 700 pages and 25 chapters, this handbook delves into the intricacies of renovations, including foundations, framing, installing plumbing, wiring, HVAC, and much more.

This book also contains chapters on solar power and best practices for insulation. For visual learners, this is one of the best BRRRR books out there, with over 700 full-color illustrations and 300 charts on all aspects of home design and construction

5. How to Invest in Real Estate: The Ultimate Beginner’s Guide to Getting Started

by Brandon Turner and Joshua Dorkin

Although the education focus for the BRRRR method typically leans toward the renovation aspect, many investors forget the B: buying. This book gives investors a rundown of everything they need to know to make a successful asset acquisition, the first step in the BRRRR strategy.

This foundational BRRRR book gives investors all they need to know about mindset, as well as buying right: If you don’t buy right, everything that follows is subpar.

6. The Book on Managing Rental Properties: Find, Screen, and Manage Tenants with Fewer Headaches and Maximum Profits

by Brandon Turner and Heather Turner

This book is an encyclopedia for all things management-related. So you’ve bought the right asset and renovated it up nicely. Now it’s time to rent it out and manage it.

This is no easy task and requires a much different set of skills than the earlier steps. Use this book to take a tour of the Turners’ management business, including low-cost strategies to attract tenants, types of renters to avoid and how to identify them, rental leasing basics, and more. This book also includes tips to ensure tenant payments, rental bookkeeping, and how to best optimize your management operations for tax season.

7. The Inside Guide to Funding Real Estate Investments: How to Get the Money You Need for the Property You Want

by Ross Hamilton

You’ve built in a bunch of new equity with all the value-add renovations you’ve made, and you also now have stellar long-term tenants. Now it’s likely time to refinance, pull out some equity, and rinse and repeat. This is one of the best BRRRR books out there because the refinancing part of the BRRRR strategy isn’t straightforward and if done incorrectly can leave you with little additional capital to repeat this strategy.

The above book delves into the unlimited supplies of funding for your real estate assets. The author introduces investors to the range of financing options such as traditional mortgages, asset-based loans, crowdfunding, and private money. This book also gives readers an inside perspective on the entire loan process, how a lender thinks, and what they look for to help you obtain the best refinancing terms and loan. This information will help you be more confident in this component of the BRRRR strategy.

8. How Your House Works: A Visual Guide to Understanding and Maintaining Your Home

by Charlie Wing

This is an inside scoop at how your home works, similar to how a doctor would look at a human body. This foundational BRRRR book will give investors who aren’t necessarily contractors or already handy the confidence and information they need to manage or engage in any renovation project.

This is a revised third edition and a reference to virtually everything in your house, including illustrated explanations and updated with smart home technology. This book covers everything in your home, including electrical systems, heating and air conditioning, plumbing, major household appliances, and so much more.

This book also teaches investors how to troubleshoot common problems, which can be particularly annoying if you’re already spending money on expensive contractors. The more you can do yourself, or at least understand, the more likely your BRRRR deal will succeed.

The bottom line

If you’re looking for the best BRRRR books out there, those above will help give you a strong knowledge foundation to execute this strategy.

Because it involves buying, renovating, refinancing, and managing a property, there are many different skills needed to execute the BRRRR strategy effectively and profitably. Use the extensive experience of the above authors to master this strategy so you can better scale and grow your real estate portfolio.

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