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Updated over 3 years ago,
What metrics do you use to consider selling your BRRR?
My partners and I are on our fourth BRRR, we love the strategy and are not asking this because we intend to switch that strategy, but we did recently purchase and the price of it has gone up considerably.
Would like to hear what others use as benchmarks to possibly sell.
Purchase: 60k
Rehab: 25k
ARV at time of closing: 120k
Sale of serveral comp in last 30 days: 160-200k
Would just love to hear your metrics and logic to learn. Anything is appreciated!
Thanks!