Turnkey or BRRRR with 200k?

[Luke Roberts]

Hey,

I am new on the forum and to residential real estate investing. I have roughly 200k to spend to get started. Am I better off to pay cash to BRRRR one property or to put 20% down on 5 turnkey properties? My goal is to build a portfolio as quickly as possible that will eventually replace my 'active' income. My active income is as a mulitlocation/multidoctor/multispecialty dental practice owner, so I really don't have a lot of 'free' time and I worry about the time committment for BRRRR even though the same 200k could go much farther in the long run. Any advice would be greatly appreciated.

Thanks!

[Jay Hinrichs]

Neither..  if your accredited  just go in with one of the many very good syndicators out there..

BRRRR is HUGELY risky unless your on top of it.

and just buying rental houses is not going to replace your income with max debt.. you would need hundreds of them

Keep making the big dental bucks and sock that money into managed investments. 

Or look at NNN deals set up for you..