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All Forum Posts by: Hariharan Elavarasan

Hariharan Elavarasan has started 15 posts and replied 21 times.

Hi,

This is my first forum post on the history of the internet, but excited that its here at the start of real estate journey.

I wanted to begin my career using the BRRRR method, because I fortunately have access to a private money lender, and the area I am in has multiple MultiFamilyHomes that could use renovation. I'm learning more and more that I can't just pick a run-down property and have the BRRRR method work out. I'm currently trying the 70% rule using sq ft comps of nearby MFH that aren't as distressed. How do I more accurately calculate my ARV, and most importantly my repairs?

Thanks,

Hari (Future Millionaire)