Before & After | BRRRR Gone WRONG!
youtu.be
The YouTube video is about a property rehab project that has encountered setbacks and gone over budget. The property was purchased for $72,000 and had multiple bug treatments, a hole in the roof, and poor condition bedrooms and bathrooms. The plan was to rehab the property with a budget estimated to be between $15,000 and $25,000. However, the project encountered unexpected issues such as a cracked stack, delayed appliances, and plumbing problems, which caused the budget to go over. The rehab project was not completed within the expected timeframe and the property did not appraise for as much as hoped. Despite this, the property was rented out and the speaker was able to make pivots to make it work. The total amount spent on the property, including paying back the private lender, was around $47,000. The property appraised for $152,000 and the speaker was able to secure a loan for 75% of the appraised value. The speaker discusses their approach to financing and creating wealth through equity in assets. They encourage viewers to like and subscribe to their channel and follow them on social media.
The YouTube video is about a property rehab project that has encountered setbacks and gone over budg