Can you still find great deals in today’s cutthroat housing market? Of course! But you may need to go off the beaten path. Rookie investor Karl Denton looks beyond the MLS (multiple listings service), focuses on undervalued and distressed properties, and even does his own home renovations to create value. If he can do it, YOU can, too!
Welcome back to the Real Estate Rookie podcast! Karl has a superpower—finding hidden gems that other investors overlook. And he’s not doing anything that you can’t. Even as a full-time firefighter, he still finds time to attend meetups, go to foreclosure auctions, build his own lists, and contact homeowners about their properties. So far, this strategy has allowed him to find, buy, and fix three properties in three years!
Want to replicate his success? Tune in as Karl walks you through each step of the BRRRR method (buy, rehab, rent, refinance, repeat). Along the way, you’ll learn where to find undervalued properties, how to manage out-of-state renovations, and when to do a cash-out refinance. You’ll also hear about Karl’s big pivot from long-term rentals to short-term rentals and the huge cash flow boost that came with it!
Ashley:
Today’s guest is proving that the bur strategy by rehab, rent, refinance, and repeat still works even in today’s challenging market with a knack for finding value in unexpected places and the determination to keep growing despite rising rates. They’re scaling their portfolio one property at a time, ready to find out how they’re pulling it off. This is the Real Estate Rookie podcast. I’m Ashley Kehr, and I’m here with Tony J Robinson.
Tony:
And welcome to the podcast where every week, three times a week, we’re bringing you the inspiration, motivation, and stories you need to hear to kickstart your investing journey. So today we’re going to discuss first finding a real estate strategy that works for you. Number two, building slowly to hit financial independence, and finally, how…