BRRRR Insights

What's the key to maximizing returns in the BRRRR method? I'm analyzing a recent close where the purchase price was $420,000, rehab cost was $120,000, and the refi appraisal came in at $620,000. The investor left $80,000 in capitl, which is approximately 12.9% of the appraised value. Considering the current market statistics, with the desert southwest region showing a 15% year-over-year increase in home values, I believe this is a high-risk, high-reward strategy. By being ahead of the curve and identifying the right properties, investors can capitalize on the growing demand. I'd love to hear from others who have successfully executed the BRRRR method - what were your numbres, and how did you navigate the process to achieve high returns?