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Updated almost 3 years ago,
Cash flow vs. BRRR method
Hello Bigger Pockets. This is my first forum post. I am a new investor. I have worked in the investment area as a contractor, but this is the first investment personally. I am intrigued by the BRRR method, as a first time investor with rehab skills. My goal for 2022 is to purchase 6 units by the end of the year. My cash reserves aren't very deep, but enough to get started. Here is my question. As a first time investor, would it make more sense to purchase a few turn key, rent ready, cash flowing units, at a potentially higher purchase price or spend time researching for a deal to BRRR, with its many variables? Just looking for some input. Thanks to all.