BRRRR - Buy, Rehab, Rent, Refinance, Repeat
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Updated 3 months ago on . Most recent reply
Jake BakerPoster
#4 BRRRR - Buy, Rehab, Rent, Refinance, Repeat Contributor
Tax & Financial Services
Pro Member
#4 BRRRR - Buy, Rehab, Rent, Refinance, Repeat Contributor
- Flipper/Rehabber
- San Diego, CA
- 595
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Scope Creep in the BRRRR Method
Jake BakerPoster
#4 BRRRR - Buy, Rehab, Rent, Refinance, Repeat Contributor
Tax & Financial Services
Pro Member
#4 BRRRR - Buy, Rehab, Rent, Refinance, Repeat Contributor
- Flipper/Rehabber
- San Diego, CA
What tools or processes have you implemented to estimate rehab costs more accurately and avoid scope creep in BRRRR projects?
- Jake Baker
- [email protected]
BookkeepingRE
5 Reviews
5.0 stars
Most Popular Reply
Jake BakerPoster
#4 BRRRR - Buy, Rehab, Rent, Refinance, Repeat Contributor
Tax & Financial Services
Pro Member
#4 BRRRR - Buy, Rehab, Rent, Refinance, Repeat Contributor
- Flipper/Rehabber
- San Diego, CA
- 595
- Votes |
- 883
- Posts
Jake BakerPoster
#4 BRRRR - Buy, Rehab, Rent, Refinance, Repeat Contributor
Tax & Financial Services
Pro Member
#4 BRRRR - Buy, Rehab, Rent, Refinance, Repeat Contributor
- Flipper/Rehabber
- San Diego, CA
@Andrew Syrios I looked at my last five flips to calculate the rehab cost overrun; the average was 15%. One project went sideways, two went as planned, and two were slightly over budget. I concluded that 20% was a good number going forward.
Great article by the way.
- Jake Baker
- [email protected]
BookkeepingRE
5 Reviews
5.0 stars