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Updated over 4 years ago on . Most recent reply
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First Rental Property Investment: Conventional Strategy vs BRRRR
Hey everyone!
I'm looking to do my first rental property investment within the next few months. I'm planning on house hacking a duplex.
For a first time investor, would you guys recommend going with the BRRR strategy right off the bat? Or trying to find a decent turn-key property that I could just get in and rent out. On paper, BRRRR looks vastly superior to simply acquiring properties with a down payment, but I'm thinking it might be better to go with the conventional way of doing things for my first property or two, so I can get some experience and grow my confidence.
What do you think?
Cheers!
-Aaron
Most Popular Reply
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@Aaron Macken
I'm on this same page! BRRRR sounds really good but I'm a bit terrified with the rehab process and the sensitive time line.
Following your post to see what experienced people advise.
Good luck!