Let's discuss the BRRRR process

[Daniel Brown]

Good morning BP! I wanna talk BRRRR. I understand the basic premise of what brrrr is and how powerful of a strategy it is to use in real estate. I also realize that over paying for a property or over estimating the ARV can really make a BRRRR deal go south quickly.

My question is what are some other hidden costs, pitfalls or hangups that can come with a BRRRR deal that most newbies dont usually think of when starting the process? Any advice or comments are much appreciated!