BRRRR - Buy, Rehab, Rent, Refinance, Repeat
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Updated almost 3 years ago, 03/21/2022
How to calculate maintenance expenses for BRRRR
How are y'all calculating your projected maintenance expenses for BRRRR properties?
I know the rule of thumb for a traditional rental is 40-50% all in expenses (vacancy, prop mgmt, taxes, ins, repairs, CapEx, etc)..
But are y’all using a lower maintenance/repair rate due to the fact that the property was recently rehabbed? If so, what all in expense number are you using for calculations?