WIIRE 045: 5 Reasons the BRRRR Strategy is So Powerful with Anam Ali-Hashambhai
Welcome back to another podcast episode! This week we are excited to welcome our friend Anam Ali-Hashambhai to the podcast. Anam is a real estate investor born and raised in the Dallas, Texas metroplex and also where she and her husband have chosen to plant their roots and build their REI empire.
Anam and her husband are self taught investors who have grown their REI portfolio to an impressive $25 million. But, like most people, they started much smaller. Since the cost of buying real estate in the Dallas/Fort Worth Metroplex is significantly higher than in some other areas, and paired with the fact that they were using their own capital, Anam and her husband realized they needed to widen the scope of their properties to be within 45-60 minutes of the Metroplex. They spent many hours together driving from one property to another after their full-time jobs, building their relationship along with building their business.
Whats more impressive is that they have done all of this using the BRRRR strategy, they self-manage all of their units, and for the first few years, used their own savings and capital top fund their buys. However, during COVID they began using hard money lending and realized they wished they would have done so sooner to allow them to scale their business faster.
While they have dabbled in multi-family properties, Anam and her husband primarily plan to continue investing in single family homes.
What is a BRRRR? It stands for:
Here are our 5 best reasons the BRRRR strategy is such a powerful strategy:
That’s all for this week! A HUGE thank you to Anam for joining us; if you’d like to know more about her or follow along with her REI journey you can find her on Instagram. You can also hear more about her and her investment strategy by joning us at our Virtual Summit, Set to Scale, later this week - happening on May 17-18!
See you next week, friends!
Resources:
Create your
podcast in
minutes
It is Free