The reality of real estate investing! 😱
We buy properties that need some work, with rents below market value. We invest in South Los Angeles, near the new SoFi stadium. 🏟
Once we buy the properties, we get things fixed ASAP that the former landlords never dealt with. 🤦🏽♂️🚽🚿🛁 ‼️
And when people move out, we renovate the units. 🛠
Then we go to the bank and refinance at the higher value, pulling cash out to invest in more properties. 🏦
This is a classic strategy called the BRRRR method —
Buy
Rehab
Rent
Refinance
Repeat!
Our investors are happy because they get cash flow… WITHOUT having to deal with toilets 😂
What are your questions on real estate investing?
Sammy Lyon
REALTOR®️
DRE #02113227
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