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Updated over 7 years ago,

User Stats

241
Posts
135
Votes
Redgy Saint-Germain
  • Rental Property Investor
  • Boston, MA
135
Votes |
241
Posts

BRRRR !!! Should I factor in holding costs next time?

Redgy Saint-Germain
  • Rental Property Investor
  • Boston, MA
Posted

I have a duplex under reno right that I intended to use the BRRRR strategy on with 8% vacancy on the original numbers. My numbers are all messed up now because the contractor failed to deliver the units on time with all type of excuses. It`s been 108 days since closing, I`ve already paid the mortgage 3x and my units are not rent ready still. The question is "should I factor in holding costs next time on my BRRRR" ?

Redgy

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