Real-estate investors seized upon a tried-and-true strategy to fix up homes and make money. Then the market turned.

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A man wearing blue pants, a blue top, and work boots checks the alignment of a vertical wood beam with a bubble level. He stands amid an unfinished roof with exposed beams and insulation.
Real-estate investors who embrace the "BRRRR" method buy a home, rehab it, rent it out, refinance it to withdraw cash, and repeat to buy their next property.

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The problem with home-flipping giants

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A hand flipping a house
Corporate home-flippers have borne huge losses over the last year.

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A 27-year-old real-estate investor who rehabbed 7 Austin properties last year is now targeting San Antonio, where homes can cost less than $100,000. Here are 3 reasons it's the next big investor hot spot.

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A photo of a man sitting on the front of a pickup truck.
John Crenshaw in front of a home in Harker Heights, Texas he bought, fixed up, and resold.

John Crenshaw

How a college student can make 6 figures in real estate, according to a 22-year-old home flipper set to rake in $300,000 this year

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One recent survey of investors found Gen Z respondents were ready to get in on the market when interest rates decline.

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