What is Serviced Accommodation?
Serviced accommodation (also known as SA, self-catered accommodation, serviced apartments, short-lets etc.) refers to fully furnished properties which are available for both short or long term let. The property is let out to “guests” rather than tenants, because the...
What is BRRR?
BRRR is an acronym that stands for ‘Buy, Refurbish, Refinance and Rent’. It is a strategy used by real estate investors (including myself!) to purchase a distressed property and renovate it to increase its value, refinance the loan and pull out cash, and...
What is Buy-Refurbish-Refinance?
Buy-Refurbish-Refinance is the practice of buying a property using hard money financing, fixing it up, and then refinancing it with a conventional mortgage loan. You may have heard of hard money loans or cash-out refinances, but what exactly is BRR? BRR is a type of...