BRRRR Calculator Question- No Income During Rehab?

[Robin Croen]

Hello all, I have a question that stems from learning more about the BRRRR Calculator and the overall process. When in the rehab phase of such a deal, I would assume that you do not have any monthly income from rent. Lets say it takes you 2 months to rehab a property and get tenants signed on to the lease. Thats 2 months that you would have to be able to cover up front either with your initial loan or your own cash.

How do you account for this when analyzing deals?

[Mike German]

hi @Robin Croen, it's funny you mention that because I had the same question today. It seems like something that was possibly overlooked when the BRRRR calculator was developed. Unless you have inherited tenants, it's unlikely you are getting any income during the first "R" of BRRRR. It would be nice if the calculator backed this out and until then, I'm going to manually account for this on a separate spreadsheet.