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Updated over 8 years ago on . Most recent reply
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BRRRR Evaluation process
I am looking into getting into a few BRRRR properties. I have seen the calculator here on BP as well as downloaded an excel calc. from another BP member. My question is for those of you who have successfully done BRRRR deals in the past, how to you quickly evaluate properties in the beginning? Do you apply more of a flipping method with the 70% rule or do you apply the 50% or 2% rule that is usually used more for buy and hold or rental properties. Maybe a combination of both. I am just trying to figure out the best way to narrow down and target specific deals before "digging deeper" with additional analysis.
Any and all feedback is greatly appreciated.
Thanks,
Chris