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COUPLE RETIRES AT 28 WITH 4 AIRBNB PROPERTIES AFTER USING THE BRRRR STRATEGY
How my wife and I have bought 14 Airbnbs and "retired" before 30 using the BRRRR strategy....
(explained)
1ST HOUSE
VALUE: $100,000
DOWN PAYMENT: 20%
REHAB
VALUE: $220,000
RENT OUT: $1,000/MO
REFINANCE
2ND HOUSE
VALUE: $100,000
DOWN PAYMENT: 20%
REHAB
VALUE: $220,000
RENT OUT: $1,000/MO
REFINANCE
3RD HOUSE
VALUE: $100,000
DOWN PAYMENT: 20%
For context:
My wife and I own 14 Airbnbs.
They generate over $250K/mo in bookings.
They allowed us to quit our jobs in 2021 (4 Airbnbs at the time)
We manage our properties from home which allows us to be "full-time parents".
We got here by using the BRRRR strategy and this is how it works:
For the ease of numbers...
Let's say I buy a house for $100K
I put 20% down ($20K)
I invest $50K in renovations.
I'm all in for $70K.
Mortgage payment: $700
I collect $1000/mo in rent.
Now let's say my property appraises for $220K after renovations...
This means I built $120K of equity by renovating the property.
I also have $20K from my down payment.
My total equity now is $140K.
But this is where it gets fun now:
I can take a new loan at the new appraised value ($220,000) at the same 80% loan to value ratio (LTV).
That means my new equity is $44,000.
And my new loan is $176,000.
So after I pay off my old 80,000 loan...
I'm left with $96,000.
This means I just pulled out $96K cash by refinancing the property (minus closing costs).
This is why it is called a cash out refinance.
And that $96K is tax free, because debt is not taxed.
I just put a new loan on the house.
Now here is the best part:
I initially put $20K down on the property.
And $50K into renovations.
Total: $70K
But when I refinanced the property I pulled out $96K.
I got 100% of my money back and then some.
So my returns on this property are "infinite"
But we're not done...
Now I can take that $96K...
Put 20% down on a new property.
Renovate it.
Then repeat the same process again, and again, as many times as I want.
This is how I'm using the same money to acquire assets, create cash flow, & build net worth.
But isn't my debt also increasing?
This is called good debt.
Good debt allows me to acquire assets without buying them outright.
This way I get better returns on my money.
And refinancing my properties significantly accelerates my wealth building process.
Let's look at how I apply this in real life:
I partnered with someone and bought this property for $1,250,000.
We invested $485,000 into rehab.
And $290,000 furniture & amenities.
(this is an Airbnb property)
The house appraised for $3,885,000 after renovations.
Then we refinanced the property...
We left $1,885,000 equity in the property (51.5% LTV)
We took out $2,000,000 cash out of the deal tax free.
Our total investment was ~$2,025,000.
So our returns are basically infinite...
We then took that $2M and invested it into a new property.
We launched the property on Airbnb in April 2024.
It generated over $300K in revenue in the first 9 months.
We kept $144k after mortgage, cleaning, and other expenses.
This year we're expecting over $450K in bookings.
This strategy changed our life...
In 2019, my wife and I bought our first Airbnb.
We were both working 9-5 jobs & used all our savings to put down 15% (I even sold my truck).
2020: Liquidated our retirement accounts, worked our jobs & bought 2 more Airbnbs.
2021: Refinanced our personal home and partnered with someone to buy our 4th Airbnb.
2022: Refinanced our 2nd, 3rd and 4th property to buy and furnish 2 more Airbnbs.
2023: Added 2 ultra-profitable Airbnbs (refinanced one in 2024).
2024: Sold 1 and added another huge Airbnb and ended the year with $1.5M in bookings.
2025: Launched 3 luxury Airbnbs and saved over $1M in actual taxes using the STR Tax Loophole and 100% bonus depreciation.
2026: Launched 2 more luxury Airbnb properties.
We accomplished in only 7 years what would normally take decades because we understood that to build wealth from scratch we had to be comfortable with debt.
Today we own 14 Airbnbs bringing in $3M/year in revenue.
The best part is we work less than 15 hours a week across our portfolio.
Want the exact playbook to acquire your first one? DM me "START" ",