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Updated about 4 years ago on . Most recent reply

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Jacob Simpson
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38
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Help Poke Holes in This BRRRR

Jacob Simpson
Posted

So I readily admit to being a spreadsheet jockey. I would greatly appreciate the community's help in two area:

1. What am I missing in my analysis? I'm budgeting $40K to convert the interior space into two 2BR/1BA units.

2. Does this layout work/flow well? What am I missing, or what doesn't make sense?

Most Popular Reply

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Todd Rasmussen
  • Rental Property Investor
  • Clarksville, TN
1,411
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Todd Rasmussen
  • Rental Property Investor
  • Clarksville, TN
Replied

@Jacob Simpson

1) You plugged in 40K because you don't know how much it's going to cost. Which means you will either lose a deal because you underbid to be safe or worse, you get the deal and pay too much.

2) As long as you can read it, layout doesn't matter. My most effective excel files are unreadable to anyone but me. This seems straightforward enough and seem logically laid out.

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