Have 50k to invest!

[Shaya Ray]

Where can I do a BRRRR with 50k? Looking at Memphis right now.

[Tyler Tapley]

@Shaya Ray,

I'm pretty experienced with BRRR's in the Memphis market. To be frank, right now it's ultra competitive. Low inventory, high demand. For 50k you'll be able to find some good buy and hold options, for sure. But any good BRRR candidates in that price range are either going to get bid up or are going to be bought up quickly by one of the local turnkey companies. It's definitely doable, but you'll need to be patient, you'll need to either be watching the market everyday (multiple times a day really) or have a team in place to do so for you. Not to discourage you, it is definitely a worthwhile goal, just one that requires some dedication and preparation. Hope this helps!

-Tyler