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Updated over 5 years ago on . Most recent reply

User Stats

4
Posts
0
Votes
Dana Oestreich
  • Rental Property Investor
  • Grosse Pointe Park
0
Votes |
4
Posts

Is the BRRRR strategy my best option?

Dana Oestreich
  • Rental Property Investor
  • Grosse Pointe Park
Posted

Hi all! I could really use some opinions! If you had 300,000 to invest in real estate how would you do it to build your portfolio sooner than later? Now I should tell you my money is tied up in an investment in a multifamily unit right now and I’m in the rehab/almost ready for a renter phase in BRRRRing this property. So far, so good. When I pull my money back out (which won’t be for a few months) what would you all do? I can only buy one or two properties a year at this pace unless I scaled down to small, single family homes which I’m not opposed to. Opinions please. And thank you!

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