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Updated almost 5 years ago on . Most recent reply

Joey Walker's profile image
Joey Walker's profile image
Joey Walker
  • New to Real Estate
  • from Port Orchard, WA
  • Member since Feb 19, 2020
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12
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2
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Joey Walker's profile image
Joey Walker's profile image
Joey Walker
  • New to Real Estate
  • from Port Orchard, WA
  • Member since Feb 19, 2020
Connect
Joey Walker
  • New to Real Estate
  • Port Orchard, WA
2
Votes |
12
Posts
Starting Out

Clarification on BRRRR!

Joey Walker
  • New to Real Estate
  • Port Orchard, WA
Posted

Learning the BRRRR strategy and am trying to figure out how to account for the initial time that is being spent on renovations after purchase that could take multiple months to complete and paying the mortgage without a tenant. Should 3-5 months of the mortgage be saved before the project for that initial vacancy? I don't see an option for that in the calculator. What's the general rule of thumb on this particular temporary expense?

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