Using the BRRRR Method for Infinite Returns | Dan Turkel
Manage episode 298754246 series 2935370
In this episode, Dalyn Hazell sits down with Dan Turkel to discuss the BRRRR method of real estate investing. What is it? How do you implement it and some of the pitfalls that go along with it.
Dan earned a Bachelor’s Degree in Psychology from Rutgers University. While attending school, he worked in the McGann Behavioral Neuroscience Laboratory where he met his wife, Snaha. After graduating, Dan went on to serve as a Peace Corps Volunteer in Berat, Albania. Upon completing his service, he continued work with the Peace Corps as a Recruiter covering parts of NY, NJ, and PA. Dan now lives with Snaha in Springfield, MO where he invests in real estate and works as a Realtor with Keller Williams.
Key takeaways from this episode:
- The importance of spending money on assets versus liabilities.
- The different kinds of distress; market distress, seller distress and property distress.
- Applying a formula to avoid overpaying on a property.
- How to effectively manage your rental property/
- How to buy the right property and a low enough price.
- The process of refinancing and how to operate it.
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Connect with Guest, Dan Turkel:
Website: https://danturkel.kw.com/
Email: danturkel@kw.com
Phone Number: 4178385888
Connect with the Host, Dalyn Hazell:
Facebook: https://www.facebook.com/dalyn.hazell/
Instagram: https://www.instagram.com/dhazell24/
Email: dalyndhazell@gmail.com
39 episodes