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Updated over 8 years ago on . Most recent reply

Account Closed
  • New to Real Estate
  • OH/TN/FL
35
Votes |
135
Posts

Opportunity Cost: Turnkey vs BRRRR?

Account Closed
  • New to Real Estate
  • OH/TN/FL
Posted

Hi BP members! I'm an aspiring multifamily investor from Memphis, TN. Currently in the learning and information gathering stage, I am trying to wrap my mind around the major differences and opportunity costs between choosing to buy a turnkey property or to BRRRR. Can anyone share personal experiences with whether they chose to buy Turnkey or to buy and rehab? Likewise, if you've had experience with both, I'd love to hear how you chose which strategy to utilize and the pros/cons for your investment in each situation! Whether you have experience in SFR/SFH, multis, or something else - I am interested in hearing all different perspectives!

Thanks 

Most Popular Reply

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1,315
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Douglas Skipworth
  • Rental Property Investor
  • Memphis, TN
1,135
Votes |
1,315
Posts
Douglas Skipworth
  • Rental Property Investor
  • Memphis, TN
Replied

@Account Closed,

Here's a link to the video Alex mentioned. 

  • Douglas Skipworth
business profile image
Investor's Guide to Memphis Real Estate

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