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BRRRR - Buy, Rehab, Rent, Refinance, Repeat
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Updated 5 days ago on . Most recent reply

User Stats

8
Posts
4
Votes
Robert Johnson
  • Real Estate Agent
  • Abilene, TX
4
Votes |
8
Posts

Live-In BRRRR Progress Update

Robert Johnson
  • Real Estate Agent
  • Abilene, TX
Posted

Hey BP community,

I'm in the middle of a live-in BRRRR and wanted to share some progress, and maybe pick up a few tips along the way from folks who've been down this road.

I just bought the property and have been focusing on adding value right out of the gate. So far, I’ve:

  • Added a full HVAC system

  • Got a brand-new sewer line (paid for by the seller, huge win!)

  • Installed a backyard fence for privacy

  • Built a fire pit seating area that turned out really cool

  • Cut in a kitchen passthrough/breakfast bar for an open feel

  • Refinished the bathtub and vanity

  • Installed a new toilet (full bathroom renovation planned for later)

  • Built new cabinet doors from scratch to save money; couldn’t refinish the old ones and buying new was too pricey

Now I’m tackling scraping and skim coating all the popcorn ceilings before painting.

This place is already looking and feeling so much different, and I’m excited to see how the numbers turn out once I get to the refi stage.

For those of you who have done a live-in BRRRR:

  • Any tips on staying sane while living in the middle of renovations?

  • Anything you wish you had done earlier in the process?

I appreciate the wisdom from this group!

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