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Updated about 5 years ago,

User Stats

18
Posts
11
Votes
Richard Updegrove
  • Rental Property Investor
  • Arvada, CO
11
Votes |
18
Posts

Should I buy turnkey in long distance market before a BRRRR?

Richard Updegrove
  • Rental Property Investor
  • Arvada, CO
Posted

I live in the Denver area and I'm in the process of getting enough cash together for purchasing an out of state investment property. I like KC, MO and I'm also considering OKC. I lived in KC, MO 6 years ago so I have some insight into that market. I really like the idea and concept of the BRRRR method but it seems like it might be difficult to pull off on a long distance property while working full time. Does it make sense to buy a turnkey property or 2 to test out that market and really build up a solid team? My focus right now is on cash flow so that I can reinvest into other properties.

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