Skip to content
×
Try PRO Free Today!
BiggerPockets Pro offers you a comprehensive suite of tools and resources
Market and Deal Finder Tools
Deal Analysis Calculators
Property Management Software
Exclusive discounts to Home Depot, RentRedi, and more
$0
7 days free
$828/yr or $69/mo when billed monthly.
$390/yr or $32.5/mo when billed annually.
7 days free. Cancel anytime.
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
Rehabbing & House Flipping
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated over 5 years ago on . Most recent reply

User Stats

9
Posts
0
Votes
Scott Armantrout
  • Rental Property Investor
  • Arlington, TN
0
Votes |
9
Posts

BRRRR strategy; how damaged is too damaged

Scott Armantrout
  • Rental Property Investor
  • Arlington, TN
Posted

I’ve found a couple homes that appear to have water damage. One looks to be a leaking roof despite it being a reasonably newer home. The ceiling is falling in in one spot and moisture seems to have create a mold problem, locally around the leak. Most of the house appears to be in decent shape. Fixture and appliance updates, and some basic landscaping are the bulk of projects outside of that damage. Is this getting too deep into a rehab budget to make brrrr work?

Most Popular Reply

User Stats

235
Posts
150
Votes
Joseph A.
  • New Rochelle, NY
150
Votes |
235
Posts
Joseph A.
  • New Rochelle, NY
Replied

Sounds like an easier fix than the project I have starting next week, I have a duplex where the walls are down to the studs in one unit and both kitchens are missing. As long as your numbers work you'll be fine.

Loading replies...