The economic landscape is shifting fast. With tariffs driving up material costs, does the BRRRR (buy, rehab, rent, refinance, repeat) method still work? In this episode, we’ll share some creative tips and tricks that will help keep your renovation projects on budget and make the numbers work in any market!
Welcome to another Rookie Reply! Today, Ashley and guest co-host Garrett Brown are answering more of your recent questions. First, we’ll hear from an investor who is looking to buy in their favorite short-term rental market. But is the area too expensive for their budget? Should they look elsewhere? We’ll show them how to find the right data, crunch the numbers, and pick the perfect market for them!
Then, we’ll tackle tariffs, their impact on rehab projects, and what YOU can do to get material costs under control. Finally, what do you do when a seller tries to raise the purchase price days before closing—even after a signed purchase agreement? We’ll break down your legal options, negotiation tactics, and what to watch for so you don’t lose thousands at the closing table.
Ashley:
Welcome to another episode of Rookie Reply. Today we’re diving into the changing economic landscape from weighing the viability of the Burr strategy in today’s tariff environment to navigating last minute purchase agreement surprises that could cost you thousands of dollars right before closing. Welcome to the Real Estate Rookie podcast. I am Ashley Kehr. Tony’s out for the day, but Garrett Brown from Bigger Stays is here to help out. Thanks so much for joining us today, Garrett.
Garrett:
Always excited to be here. I have some big shoes to fill with the man, the myth, the legend, Tony being gone, but I’m happy to be in this episode and talking about everything going on. Today’s questions, we are highlighting the real challenges that are happening for real estate investors all over the US and we’ll talk through how rising material costs are transforming real estate…