Master Real Estate Investing Strategies: 48 Flashcards from BRRRR to Triple Net Leases
Master real estate investing with 48 flashcards: BRRRR, house flipping, wholesaling, the 1%, 50% and 70% rules, NOI, ARV and cash-on-cash returns.
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Every property strategy comes with its own arithmetic, and the fastest way to sound out of your depth is to quote the wrong rule of thumb at the wrong stage of a deal. Deck DK7879 on Flip It holds 48 cards that separate the four main ways to make money in real estate from the numbers that tell you whether a specific deal works.
Study this deck: Real Estate Investing Strategies
1 / 10Buy and hold strategy
Tap the card for the answer · swipe right if you knew it, left if not
Four strategies, four different businesses
- Buy and hold — purchase and keep long-term for rental income plus appreciation.
- House flipping — buy undervalued, renovate, sell quickly.
- BRRRR — Buy, Rehab, Rent, Refinance, Repeat: recycle the same capital into a growing rental portfolio.
- Wholesaling — contract a property below market and assign the contract to an end buyer for a fee, never taking ownership.
The deck then adds the hands-off routes: REITs, real estate crowdfunding, syndication, turnkey properties, passive investing through property managers, and house hacking (live in one unit of a multifamily, rent the rest).
The numbers that decide a deal
You will drill: the 1% rule, the 50% rule, the 70% rule, ARV, NOI, cash-on-cash return, ROI, cash flow (positive and negative), vacancy rate, equity, leverage, appreciation versus forced appreciation, and the historical US average of roughly 3-5% annual appreciation.
Financing: FHA loans at 3.5% down, hard money loans, cash-out refinance, subject-to purchases, seller financing, lease options. Analysis: comparative market analysis (CMA), the four-phase market cycle (recovery, expansion, hyper supply, recession), due diligence, inspections, gentrification, location strategy, diversification, scalability. Plus the commercial side: CRE, multifamily, triple net lease (NNN), property management.
Eight cards to lock in first
| Front | Back |
|---|---|
| BRRRR | Buy, Rehab, Rent, Refinance, Repeat - a strategy to build a rental portfolio using refinancing to recycle capital |
| 1% rule in rental properties | A guideline suggesting monthly rent should be at least 1% of the property's purchase price for good cash flow |
| 50% rule in real estate | A guideline that operating expenses (excluding mortgage) will typically consume 50% of rental income |
| 70% rule in house flipping | Never pay more than 70% of the after-repair value (ARV) minus renovation costs |
| NOI (Net Operating Income) | Total rental income minus operating expenses (excluding mortgage payments) |
| Cash-on-cash return | Annual cash flow divided by total cash invested, measuring return on actual money invested |
| Forced appreciation | Increasing property value through renovations, improvements, or operational changes rather than market forces |
| Triple net lease (NNN) | A lease where the tenant pays property taxes, insurance, and maintenance in addition to rent |
Tip 1: tag each percentage rule with its stage
The three rules are the cards most often confused, because they look alike and mean nothing alike. Rehearse them as a sentence that names the moment you use them: the 1% rule screens a rental before you run numbers, the 50% rule estimates operating expenses while you run them, the 70% rule caps your maximum offer on a flip. Recite the stage with the rule and they stop swapping places.
Tip 2: use BRRRR as a chain to pull in a dozen other cards
A single round of BRRRR touches most of the deck's financial vocabulary: buy a distressed property, estimate its ARV, fund it with a hard money loan, create forced appreciation through rehab, rent it for positive cash flow, then run a cash-out refinance against the new equity and repeat. Learn that chain in order and roughly ten cards arrive as one story rather than ten definitions.
Keep one framing card at the front of your mind: residential (1-4 units) is valued by comparables, commercial (5+ units) by income potential and cap rates. That distinction is why the CRE, multifamily, NNN and syndication cards behave unlike the rest.
Open deck DK7879 (Real Estate Investing Strategies) in your library at flip-it.app. For the underlying contract and loan vocabulary, pair it with Memorize 89 Real Estate & Mortgage Terms.
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