BRRRR - Buy, Rehab, Rent, Refinance, Repeat
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback
Updated over 4 years ago,
BRRRR partner or consultant?
I've been looking for my first out of state BRRR deal in Kansas City and since I don't know the area very well I think I'd prefer to have extra help for my first deal. I have an $82k HELOC and my main goal on my first deal isn't necessarily to maximize return as it is to gain connections and experience. I've read a number of books and have my spreadsheet ready and feel as ready as I'll ever be to start. Ideally I'm thinking I'd partner with an experienced BRRRR investor who can be the boots on the ground and provide half of the funds and just guide me to do most of the work. Then we'd share everything 50/50. Or would it make more sense to pay a consultant or go to a hybrid turnkey company? What would be my best option? Or if there's an even better option please let me know.