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How to Diversify your Dubai Real Estate Portfolio with the BRRRR Method?
Investing in real estate is one of the golden and best ways to multiply your wealth and ensure its security. Investors are always looking to diversify their real estate portfolio by adding some great property units and using result-oriented methods. One such method to diversify the real estate portfolio is the BRRRR method. It is, in fact a ridiculous acronym but it stands for; buy, rehab, rent, refinance, repeat. In simple words, BRRRR is the smart investor’s investment cycle.
Property analysts consider the BRRRR method a great way for buying rental property. Therefore, if you are thinking of investing in an apartment for rent in Dubai or a villa for rent in Dubai then this blog is perfect for you as it will break down the working of the BRRRR method.
The Break-down of BRRRR Method
1. Buy
The first part of the BRRRR method is to buy property in Dubai. There are many options to purchase your BRRRR property, such as cash, a hard money loan, seller financing, or a private loan. The key to a successful buying in this regard is buying properties under market value and never investing more than 75 percent of the property’s after repair value (ARV). This ensures a smooth running of the capita cycle and as a result, you never go out of money.
For instance, if you buy a villa for rent in Dubai with any of the above mentioned buying methods then you have to analyze the deal thoroughly in order to hit your 70 or 75 percent goal.
2. Rehab
Rehab in other words means renovating the rental property to make it functional. It is in fact, a very important step in how to diversify your real estate portfolio with BRRRR method.
There are two key questions to keep in mind when rehabbing a rental
- What do I need to do to make this house livable and functional?
- Which rehab decisions can I make that will add more value than their cost?
Rehabbing the rental property can be a complex task if you don’t plan beforehand. Make a list of what needs to be fixed and then proceed step-by step. Property analysts enlist a bunch of rehabbing elements that need to be attended before putting the unit for rent.
- Roofs
- Unfinished kitchens
- Drywall Damage
- Overgrown Vegetation
- Outdated bathrooms
- Few bedrooms
All these might look like heavy things to fix but they are actually cost effective and end up increasing the after repair value of the property. By targeting properties like these and making repairs at below market value, you can add big equity to your deals.
3. Rent
Banks never refinance a property that is not occupied therefore; renting is the most vital part in diversifying your real estate portfolio with BRRRR method. It is crucial to screen tenants diligently and inform them before an appraisal. You can also send a post note to your tenant, reminding them of the date and time of the appraisal. This will avoid any troublesome situations on the tenant’s and your part and you can give a smashing impression to the bank this way.
Also Read: Top 5 Luxury Properties for Sale in Dubai
4. Refinance
Now that you have rehabbed and rented out the property, it is time to apply for refinancing to the banks. While looking for refinancing an apartment for rent in Dubai you should always do some prior research or consult with some well-reputed real estate agencies sin this regard.
Consider these two things before applying for a refinance:
- Do the banks offer cash out or will they only pay off debt? If they won’t offer cash out, move on.
- What seasoning period do they require? A “seasoning period” is how long you have to own a property before the bank will lend on the appraised value instead of how much you’ve invested. For the BRRRR model to function properly, you must borrow on the appraised value. These days, some banks are willing to lend on the appraised value as soon as a property has been rehabbed and rented. These are the best banks in this regard.
Furthermore, ensure that everything is pre-approved for a loan before buying to avoid any future complications.
5. Repeat
Repeat is the last step in how to diversify your real estate portfolio with the BRRRR method and perhaps highlights your knowledge and expertise of the field. Whatever you have learned through the BRRRR cycle, you just have to put it back in action.
Whether it is a an apartment or a villa for rent in Dubai, we advise you to consult the services of a real estate agency in this regard and then work on diversifying your real estate portfolio with the BRRRR method.
You can visit Binayah Real Estate Dubai a leading property management company in Dubai if you want to have guaranteed results of high yields and a smooth renting process in Dubai. You can also call on its toll free number, 0800-BINAYAH.
In the realm of boating and marine adventures, having the right equipment is paramount. Whether you’re sailing a yacht, navigating a sailboat, or embarking on any maritime journey, the quality and reliability of your gear can significantly impact your experience. This is where Nova Argonautica comes into play. Operating under the domain The Odyssey News, this Dutch website has been a trusted source for marine and boating accessories since 2001.
A Legacy of Quality
Established in the Netherlands, Nova Argonautica has built a strong reputation across Europe for providing high-quality marine equipment. Their extensive range of products caters to various needs, from safety gear to apparel designed specifically for the maritime environment. With over two decades of experience, they understand the challenges and demands faced by boaters and have curated a selection that meets these needs effectively.
Comprehensive Product Range
1. Boating Equipment
At the core of Nova Argonautica’s offerings is a wide array of boating equipment. This includes essential tools and accessories that every boater should have on board. From anchors and ropes to fenders and mooring kits, the website ensures that boaters can find everything they need to ensure their vessels are equipped for any adventure. Each product is selected for its durability and performance, ensuring that customers can rely on their gear even in challenging conditions.
2. Safety Gear
Safety is a top priority for anyone venturing onto the water. Nova Argonautica offers an impressive selection of safety gear, including life jackets, buoyancy aids, and emergency flares. Their commitment to safety is evident in their curated collection, which meets international safety standards. Boaters can shop with confidence, knowing that the safety gear they purchase from The Odyssey News is designed to protect them in emergency situations.
3. Marine Apparel
The right clothing can enhance both comfort and safety while on the water. Nova Argonautica features a range of marine apparel designed for functionality and style. Waterproof jackets, breathable layers, and UV-resistant clothing are just a few examples of what you can find. These products are crafted to withstand the rigors of marine environments, allowing boaters to focus on enjoying their time on the water without worrying about the elements.
User-Friendly Shopping Experience
Navigating The Odyssey News is a breeze, thanks to its user-friendly design. The website is organized into clear categories, making it easy for customers to find exactly what they’re looking for. Detailed product descriptions and high-quality images help shoppers make informed decisions. Additionally, customer reviews provide insights into the performance and reliability of products, further enhancing the shopping experience.
Competitive Pricing and Promotions
One of the standout features of Nova Argonautica is its commitment to offering competitive prices. The website frequently runs promotions and discounts, making high-quality marine equipment accessible to a wider audience. For boaters seeking value without compromising on quality, The Odyssey News is an excellent choice.
Customer Support and Expertise
Nova Argonautica prides itself on providing exceptional customer service. Their team of experts is knowledgeable about all things boating and is ready to assist customers with any inquiries or product recommendations. Whether you’re a seasoned sailor or a novice boater, you can expect personalized support tailored to your needs.
Eco-Friendly Practices
As the world becomes more aware of environmental issues, Nova Argonautica is committed to sustainable practices. They strive to source products that minimize environmental impact and promote responsible boating. By choosing to shop at The Odyssey News, customers can feel good about supporting a business that prioritizes eco-friendly options.
Engaging with the Boating Community
Nova Argonautica isn’t just a retailer; it’s a hub for the boating community. The website features a blog with tips, tricks, and insights for boaters of all skill levels. From maintenance advice to sailing techniques, the content is designed to engage and educate, fostering a sense of community among enthusiasts.
Conclusion
For anyone passionate about boating, Nova Argonautica is an invaluable resource. With a commitment to quality, safety, and customer satisfaction, The Odyssey News stands out as a premier destination for marine and boating accessories. Whether you’re outfitting your vessel or looking for the perfect safety gear, Nova Argonautica has you covered.
Explore Today
If you’re ready to enhance your boating experience, visit The Odyssey News today. Discover the diverse range of products that Nova Argonautica has to offer and equip yourself with the best in marine accessories. Your next adventure awaits!
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Odyssey has been the lead content writer and content marketer. He has vast experience in the field of writing. His SEO strategies help businesses to gain maximum traffic and success.
When you’re trying to lose weight, cutting the calories and upping your workouts can go a long way to helping you achieve your goal, but yoga goes one step further. Not only does it help you tone up all over, but yoga also brings your mind and body back into balance, which can improve your relationship with food.
Firstly, try to identify why you’ve gained weight. Sitting or lying on your mat, take a few deep breaths to quieten your mind and soften unnecessary tension in your body. Next, spend 10 minutes doing a yoga breathing technique, such as full yogic breath or alternate nostril breathing, then reflect on the reasons behind your weight gain. Do you eat when stressed, are you confusing thirst for hunger, or maybe you’ve been missing socializing and eating for comfort? Using these techniques calms and balances your system to help you become more aware of your triggers, enabling you to notice the difference between genuine hunger and emotional eating.
Mindful eating
Research in the journal Evidence-based Complementary and Alternative Medicine found that yoga practitioners in the study had ‘less stress eating, reduced appetite, fewer cravings and a shift toward healthier, more mindful eating. Try a few rounds of yogic breathing before eating, when preparing meals or planning the week’s menu – it can be a powerful way to retune established eating patterns and give you the mental space to care for your deeper needs, instead of finding temporary satisfaction with food.
Yoga to suit you
Find a yoga style that meets your needs, personality, and weight-loss goals. Do you prefer a high-energy class that leaves you breathless and sweaty, or would you prefer a more relaxing yoga class? Whatever you prefer, yoga can help you tone up and lose weight. Here are three yoga styles to get you started…
Astanga – the muscle builder
A strong yoga practice such as Astanga actively contributes toward weight loss by building lean muscle mass. The good news for dieters is as muscle burns more calories than fat– both during and after your workout. Ashtanga is a challenging style of yoga based on vinyasas (where you flow from one posture to the next without a break) – the most familiar being the upper body and core strengthener plank, to low plank (chaturanga), to upward dog, to downward dog. There are six sets of sequences, known as ‘series’ and you learn them in sequential order.
Hot yoga – the calorie burner
The most famous hot yoga style, Bikram, can burn between 500 to 1000 calories in a 90-minute class, and studies show its higher temperatures (up to 40C) reduces body fat percentage more than yoga at normal temperatures. Bikram classes focus on 26 postures (no downward dog or headstand), but if you want to do more poses and still see the weight-loss benefits of practicing in higher temperatures, there are other styles to explore – you can try Hot Power Yoga or Baptiste Power Yoga.
Restorative – the stress buster
Feeling under pressure? Your body shape will tell the tale. Unused cortisol, a by-product of long-term stress with no outlet, is stored as visceral or abdominal fat around your belly. Calming practices, such as restorative yoga – where you deeply relax your nervous system by resting in seated or lying postures supported by bolsters and blocks – can help reduce cortisol levels and weight around your middle. In one study, participants doing restorative yoga lost more than 2.5 times the amount of subcutaneous fat (fat visible just under the skin) compared to a control group.
Odyssey has been the lead content writer and content marketer. He has vast experience in the field of writing. His SEO strategies help businesses to gain maximum traffic and success.
