Rents $1,300–$1,400/month
Brian's Detroit and Memphis rentals command $1,300 to $1,400 per month, with Section 8 pushing slightly higher.
Snapshot · BiggerPockets Real Estate Podcast
The “Repeatable” Strategy That Helped Him Buy 6 Rentals in 6 Months (Working a W-2)
Explore episode
Jul 27, 2026
Where this was said
The BRRRR Key: Brian's Hybrid Strategy Explained
At 32:23 · chapter starts 31:10
The BRRRR Key is Brian's attempt to solve the last friction point in long-distance BRRRR investing: managing a renovation remotely. By partnering with a team that has a wholesale division, a construction crew, and a property management arm, Brian can execute the BRRRR strategy with dramatically less hands-on involvement. Crucially, unlike a turnkey provider, this team never owns the property — Brian does, from day one. That means he takes on renovation risk, but he also captures every dollar of equity he creates. [1] — Brian Waters "The BRRRR Key is a done-for-you BRRRR: a wholesale team finds the deal, a construction team renovates it, and a property management team ru…" 35:07 The proof is in the numbers: his first BRRRR Key deal came in at $135,000 all-in after a 6-month renovation, and just appraised at $225,000 — a $90,000 equity gain on a single deal. The team's weekly FaceTime walkthroughs, Google Drive photo drops, and permit management make it genuinely manageable from California, and Brian is already continuing to execute more of these alongside his standard Detroit BRRRRs.
The BRRRR Key: A Hybrid Strategy Most Investors Have Never Heard Of
The BRRRR Key is a done-for-you BRRRR: a wholesale team finds the deal, a construction team renovates it, and a property management team runs it — all while you own the property and pocket the equity. It's not turnkey because you never buy a finished product. You take on renovation risk and get BRRRR rewards. Brian's first deal went in at $135K and appraised at $225K.
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