Buy and Hold Real Estate Is the IDEAL Way to Get Rich Slow!

But right now in 2022 with the super hot market and hyperinflation, the B.R.R.R. method or Buy, Renovate, Rent and Refinance way of building your rental portfolio isn't working so well. 

So what's an investor to do?

Andrew Syrios and his family taught a class for MAREI in 2015 on why buy and hold real estate is the IDEAL way to build wealth.  they talked about Buying Houses, Fixing Them Up, Renting them Out, and then Refinancing them.  Somewhere along the line the acronym BRRR came along and Andrew was back at MAREI in 2019 to tell us how to do it.  As BRRRR grew in popularity, the housing market got tighter and tighter and even tighter still. Just last month, Andrew shared on his YouTube Channel that BRRRR might be dead. 

Who is Andrew Syrios and why should you listen to him? 

Well, his father Bill started investing in 1989 and brought him up to be a real estate investor.  He and his brother have gotten rich slowly over the years, right here in Kansas City through buying and holding.  With a family portfolio of over 1000 units in 7 states and  over $20 million in private funding currently invested, they have learned a thing or two since first coming to MAREI way back in 2011 and serving as a panelist on our Shark Tank Night.