Everyone talks about the BRRRR method like it’s a formula — Buy, Rehab, Rent, Refinance, Repeat.But after working with a lot of investors, I’ve noticed one thing that often gets overlooked:The “tax” side of BRRRR.Most people focus on the deal numbers — the purchase price, the ARV, the refinance rate — but forget that how you structure and record those costs can make a huge difference down the line.For example:Tracking your rehab costs separately helps you depreciate correctly later.Timing your refinance can change when interest expenses become deductible.And keeping good records on improvements vs. repairs can save you thousands when you sell or do a cash-out refi.The BRRRR method is powerful because it lets you build equity fast — but if your books aren’t clean, you’ll end up leaving money on the table when tax season comes around.The investors who scale fastest aren’t just great at finding deals — they’re great at documenting them.Curious — how do you track your rehab and refinance expenses during a BRRRR project?

The apartments have small dinettes off the kitchen that can fit a 4-person table.

Curious how investors are pivoting with cheaper capital back on the table.

Like Nicholas stated, you will need free capital when things don't go as planned,I will need to bring funds ($70k+ in this instance) to the table to get myself out of the initial hard money loan.

Ideally the Midwest7, DO NOT BUY TURNKEY PROPERTIES( you will be leaving so much money on the table)8.

You should also spend extra for durability when it comes to couches, tables, bed frames, and mattresses etc. 

You can let the market appreciate over time, force it by rehab or use down payment - usually a combination of all of them, but with 0% equity I don't even know if I'd call that an investment.For a portfolio 50% to 75% is sensibel leverage, if you fall below that you are leaving money and opportunity on the table, if you go above you are redlineing on the risk scale, thats not sustainable for long.

I always aim to bring more than just a quote to the table—whether that’s strategic advice, local connections, or just being someone reliable in your corner.Outside of insurance, I’m diving into the investment world myself, especially small-to-mid-sized multifamily.

I have several pieces of furniture leftover from mom and dad (grandfather clock, solid maple table, display hutch, etc). 

I buy better quality furniture for couches, kitchen tables and furniture.