Skip to content

Let's keep in touch

Subscribe to our newsletter for timely insights and actionable tips on your real estate journey.

By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions
Followed Discussions Followed Categories Followed People Followed Locations
Rehabbing & House Flipping
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

User Stats

9
Posts
0
Votes
Scott Armantrout
  • Rental Property Investor
  • Arlington, TN
0
Votes |
9
Posts

BRRRR strategy; how damaged is too damaged

Scott Armantrout
  • Rental Property Investor
  • Arlington, TN
Posted

I’ve found a couple homes that appear to have water damage. One looks to be a leaking roof despite it being a reasonably newer home. The ceiling is falling in in one spot and moisture seems to have create a mold problem, locally around the leak. Most of the house appears to be in decent shape. Fixture and appliance updates, and some basic landscaping are the bulk of projects outside of that damage. Is this getting too deep into a rehab budget to make brrrr work?

Most Popular Reply

User Stats

235
Posts
151
Votes
Joseph A.
  • New Rochelle, NY
151
Votes |
235
Posts
Joseph A.
  • New Rochelle, NY
Replied

Sounds like an easier fix than the project I have starting next week, I have a duplex where the walls are down to the studs in one unit and both kitchens are missing. As long as your numbers work you'll be fine.

Loading replies...