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Updated over 8 years ago on . Most recent reply

Daniel Smith's profile image
Daniel Smith's profile image
Daniel Smith
  • from Studio City, CA
  • Member since Jun 27, 2016
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69
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Daniel Smith's profile image
Daniel Smith's profile image
Daniel Smith
  • from Studio City, CA
  • Member since Jun 27, 2016
Connect
Daniel Smith
  • Studio City, CA
15
Votes |
69
Posts
New Member Introductions

What would you do? 1 SFR Luxury Rental? Or Turnkey?

Daniel Smith
  • Studio City, CA
Posted

Let's say you're ready to buy your first property. It's either going to be on a luxury SFR (600k-1m) in your own area, or it'll be on multiple properties elsewhere through a turnkey operation. What's your inclination? I see definite pro's and cons for both. The goal is long-term cashflow. Buy and hold, or potentially BRRRR.

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