Turn Key or BRRRR OOS?

[Ryan Planchon]

I am ready to take action.  Turn Key would be the easiest way for me to go.  With the cash that I have on hand I think I could purchase 4-5 homes out of state with a turn key provider.  This would obviously tie up my cash with down payments and stay as equity in the property.

I just got done listening to the real estate rookie podcast show 15.  It is giving me a "squirrel" moment.  In the podcast they talk about rotating your money so you always have your money working for you but have a plan to always get it back.  Like when you BRRRR.  

I can take action now and get a turn key pretty quick or use the cash as I try and build a network in a market somewhere and attempt a distance BRRRR?

I don't have a market picket out yet thus I have no distance network.   I also do have some worry about the market coming down 6 months from now but know I need education and a team.  The only good news is cash and financing isn't a problem.

[Lee Ripma]

@Ryan Planchon

What about buying stabilized MF properties that have upside. It's BRRRR but on a longer timeline. Way less risk. You'll find other posts I have talking about this and I talk about it on my podcast. BRRRR is pretty overrated if you have money to invest.