2024’s New BRRR Strategy: BUILD, Rent, Refinance, Repeat w/Natalie Cloutier
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Though only in her thirties, Natalie Cloutier has built a nine-million dollar real estate portfolio with just eight properties. Her secret to success? The “build-to-rent” strategy that so many real estate investors won’t even consider. Most investors feel that the building process is too complicated, expensive, and requires too much effort to be worth the time. But what if this “build-to-rent” strategy allowed you to create your own profitable deals, make massive amounts of equity, and build wealth even in a highly competitive market? After her parents shared their secret strategy to build wealth, Natalie realized that building rentals, not buying them, was her ticket to financial freedom. But how could she get started? She was a fresh college graduate with no money to her name. Thanks to a no-money-down construction loan, Natalie built her first rental property, a house hack, which ignited her multimillion-dollar real estate portfolio. In today’s show, she shares her “super secret method” to “building” wealth with the build-to-rent strategy, how to CREATE your own deals in ANY market, what you can expect to pay for a new construction home, how to find land to build on, and the biggest challenge that stops most investors from getting started (you CAN get around this!). Plus, how she’s doing it all in Canada’s unbelievably unaffordable housing market. In This Episode We Cover: The build-to-rent strategy and why building trumps buying in 2024  The EASIEST way to get into new construction (copy Natalie’s move!) How much you can expect to put down when building a new construction rental Tips to make your new construction rentals cost-effective and save tens of thousands  Where to find land to build on (it’s not as hard as you think)  The one move that will make building a rental MUCH easier for you  And So Much More! Links from the Show Find an Agent Find a Lender BiggerPockets Youtube Channel BiggerPockets Forums BiggerPockets Pro Membership BiggerPockets Bookstore BiggerPockets Bootcamps BiggerPockets Podcast BiggerPockets Merch Join BiggerPockets for FREE Learn About Real Estate, The Housing Market, and Money Management with The BiggerPockets Podcasts Get More Deals Done with The BiggerPockets Investing Tools Find a BiggerPockets Real Estate Meetup in Your Area Expand Your Investing Knowledge With the BiggerPockets Books Be a Guest on the BiggerPockets Podcast 4 Vital Points to Consider BEFORE Getting Into New Construction How Much Does It Cost To Build A House? Dave's BiggerPockets Profile Dave's Instagram: @thedatadeli Henry's BiggerPockets Profile Henry's Instagram: @thehenrywashington BiggerPockets' Instagram Connect with Natalie: Natalie's BiggerPockets Profile Natalie's Instagram: @thenewbuildcouple Natalie's Website Grab Natalie's "Build & Hold Strategy E-Guidebook" Click here to listen to the full episode: https://www.biggerpockets.com/blog/real-estate-893 Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Email [email protected]. Learn more about your ad choices. Visit megaphone.fm/adchoices
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