BRRRR Investing Rules of Thumnb

[Steve Uhlig]

Good Morning Investors, 

I am interested in BRRRR investing and am in the process of looking for my first investment (1-4 units) in the western suburbs of Philadelphia. My question pertains to quick screening suspect properties to qualify or disqualify them efficiently for a closer look. Is there a quick screen rule of thumb that investors use to efficiently screen BRRRR opportunities or is it a matter of literally walking hundreds of properties to determine viability as a BRRRR investment? Is the 70% rule relevant as a quick screen tool for BRRRR investing or is that only to be used in fix and flips? I thank all the experienced BRRRR investors in advance for their wisdom on this topic.

Steve