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Updated almost 7 years ago,
Scaling Up Out-of-State
Hello All,
I have a few questions regarding scaling up in an out of state location. I currently reside in Long beach, California and in that past months have came to the realization that finding cash flowing properties is much easier in an out-of-state location.
Although Turnkey doesn't always get the best rep around the REI world, it seems to be a perfect fit for me due to my career demanding 55-60 hour work weeks, so I can't be hands on 24/7. The downfall to this is the slow scaling process that I would have, only 1 property a year will be attainable, unless I'm completely missing something.
My question is if anyone utilizes an out-of-state BRRRR method, I've searched around for this answer and most people say OOS BRRRR isn't a great idea, but the BRRRR method allows for rapid scaling compared to Turnkey.
I appreciate all the advice,
Will