April 14, 2023

Combining BRRRRs with Student Rentals with Stephanie Perez

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Want to create both quick returns and steady income over the long term?

Let's dive into this episode and unpack these two-combinations of a profitable strategy.

Stephanie Perezhas been actively involved in the Belleville, ON area with her real estate investing. Her mission is to provide quality housing for quality tenants, while at the same time providing an above average return on investment (R.O.I) for her investor partners and herself, a truly a win-win-win way of investing!

In this episode, Stephanie helps us take a closer look at the advantages of combining BRRRR and student rental strategies, and how investors can make the most of this profitable combination.

Checkout: Raising Capital Without Rejection Full-Day Workshop (Online):https://investorattractionworkshop.com/

What you will learn from this episode for 18 minutes:

  • Learn how to combine these two great strategies and earn more
  • Compare the monthly cash flow turnout for having these two strategies to just having one
  • Get a complete picture of the BRRRR process [including numbers] and how it eventually turn into a student rental that makes it a profitable investment


Topics Covered:

02:37 - A backstory of how she got started in real estate

03:55 - Her first try at buying revenue properties and the average occupancy rates during wintertime

06:40 - What strategy is she focusing on this time [and what the BRRRR process look like for this property deal including the numbers-renos, holding costs, ARV]

11:43 - Turning this particular property [BRRRRed one] into a student rental [ the costs and how much it is cash flowing monthly]

12:21 - Student rental cash flow in comparison with the normal rental of a family house

13:38 - How she addresses issues on managing the students and what type of students is she bringing on

15:16 - Demographics of the foreign students she caters to

16:43 - What her next project is and bringing along with her venture partners

17: 38 - What her vision looks like when it comes to scaling her portfolio

Key Takeaways:

"There is an extremely high demand for student rentals at the moment. And they all come and they want to share rooms and they pay top dollar and they pay on time and they leave after three years."- Stephanie Perez

“I am not buying anything that is rented.”- Stephanie Perez

Connect with Stephanie Perez:

Connect with Dave Dubeau: