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Updated over 7 years ago,
Renovation timeline for occupied multifamily properties
Happy Friday BP,
Quick question regarding rehab timelines.
When / how do you go about starting the renovation on a project? I'm assuming you need to wait out the existing leases on a property if it is occupied. How do you factor the tenant hangovers into your calculations when looking at BRRRR or rental calcs?
Thanks for the input,
-Dave