Beginners almost always over-improve their first properties. This leaves you with a very nice asset to look at, but it leaves profitability on the table.
I’m going to discuss how to know if you’re over-improving your properties when utilizing the BRRRR strategy. I want to explain it in a holistic manner, so that there is less chance to get caught up in the details of the improvements and lose sight of the overall strategy. I’ll describe how to go through the BRRRR flow so efficiently that the rehab portion becomes extremely simple. Focus on the big problems, and small problems take care of themselves.
Think Backward When BRRRR-ing