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Updated almost 3 years ago on . Most recent reply

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13
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Karan Kanekar
1
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13
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Should a newbie start real estate journey with brrrr or rental?

Karan Kanekar
Posted

Hello Everyone,

So great to be part of this great community.

Quick intro: i am an IT engineer with strong interest in building wealth through BRRRR and rentals.

Please provide your honest opinion:

I want to start my journey in this month and i have read books on brrrrr,rental properties and listened to podcasts.

I have some liquid and can afford properties in and around dfw with 100 ARV.

I am good with communications,engagements etc.

But as a newbie should i directly jump into brrrr or start with rental properties with decent cashflow and appreciation?

I read book by david greene on brrrr and understand all the technicalities of hml,contractors,inspectors,rehab costs.I researched multiple tax liens,pre foreclosure properties etc but again am i going in right direction ?

Please share your thoughts.

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