Turning $350K Into $1 Million in 12 Months, with the BRRRR Strategy
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Turning $350K Into $1 Million in 12 Months, with the BRRRR Strategy
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What would you do if your bank guy vanished, with 48 hours to settlement, and you needed to come up with $2 million?
In this episode, Andrew Wright shares how he pulled off one of his most ambitious commercial BRRRR (Buy, Renovate, Rent, Refinance, Repeat) plays, turning a rundown multi-property site in Ipswich into a cash-flow-positive, million-dollar uplift deal in under 12 months.
You'll hear the entire story, from spotting the opportunity, negotiating the deal, handling a near-collapse at settlement, and how he pulled the numbers into shape using every ounce of experience and creativity.
Inside this episode:
The $1.95M deal that nearly fell apart at settlement
How Andrew created $150K in new annual rent — fast
Renovating a commercial shed into a gym with a 20% return
Why understanding leases is one of the best skills in investing
The clause that saved his $50K deposit when finance failed
“I’d spent $350K and added nearly $1M in value within a year.”
🎧 Follow for more real deals, real numbers, and lessons from the edge of property investing.
🔗 Connect with Andrew at andrewwrightproperty.com.au and join his Property Investors community