BRRRR - Buy, Rehab, Rent, Refinance, Repeat
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Updated over 1 year ago,
Rental Comps Much Cheaper!
Hey there! I am new to the Real Estate Investing world and just starting out by running BRRRR deal analysis simulations and continually coming up with the same issue. My rental comps are significantly cheaper then I would be able to rent my houses for. This is assuming I buy at 80-70%, factor in for repair, Cap Ex, vacancy and property management. And I am talking $800-$1000 under. I've ran several different simulations and looked over my figures for hours and cannot see how to shave off any more expenses. Am I doing something wrong or is this just the market we are living in?