The "Infinite Return" BRRRR is BS
I love the BRRRR approach, but why isn't anyone factoring in their time into their ROI? Even if you have $0 in the deal, you may still have dozens of hours (or more) invested into finding the deal, buying the property, managing the rehab, finding the tenant (or vetting a property manager), and getting the REFI.
Has anyone here actually included their time as a line item when it comes to the BRRRR deals? Especially those who make a high $$$ per hour with their business. I'd be curious how the numbers look for some people once that is included.
Most Popular Reply
@Brian Hood
I started out doing BRRRR and don't do it anymore due to the efforts required. When I was just starting I did a ton of work to learn. Now I look at "effort adjusted returns" and don't want to get high returns if it's a lot of effort. I would rather have less effort and lower returns. I'd rather be passive or take on a partner even though that reduces my returns (but frees up my time). There is no free lunch, if you want to recycle the same chunk of capital quickly it takes a bit of your time to do so.