General Jargon

Question 1

BRRRR Method

Answer 1

“Buy, Rehab, Rent, Refinance, Repeat.” A general real-estate investment strategy for building increasing and long term passive income.

Question 2

“Buy and Hold”

Answer 2

A buyer strategy which focuses on holding the property for a long term after purchase as a rental property or rehabilitation project that doesn’t involve immediate flipping or wholesale

Question 3

Refinance

Answer 3

Taking out another loan on a property you currently own. This amount can often be used to purchase the remaining balance of the first loan and (with the money leftover) can then be reinvested into another new property. This only works if the property has appreciated in value in the interim.

Question 4

ROI

Answer 4

“Return on Investment.” How much money are you making for the money you put in

Question 5

NOI

Answer 5

“Net Operating Income.” The total income pulled in by a rental property after subtracting all necessary operating costs

Question 6

REI

Answer 6

“Real Estate Investing”