Estimating your rehab budget accurately is essential for the BRRRR strategy. In our first couple of projects, we made the mistake of rehabbing our properties like they were flips instead of rentals. This meant that we left more money in the deal than we would have liked. However, we developed a three-phase framework for estimating our rehab budgets. These phases are based on where you are in your buying process and help you proceed with more confidence in your projects. Tag an investor that could use this.
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