All Forum Posts by: Jacob Morris

Personally I'd rather own the property, rent it out, pay a management company. BRRRR would be nice, but not sure if I could do it all the time unless I could leave my job. That's the next thing. I've been told section 8 because it's guaranteed, I've been told to get a house that would be easy to sell later on. Obviously I've done the numbers on both. While section 8 has more profit it can come with more headache. I heard they pay for repairs and I've heard they done. Yes I understand I can say depreciation as well. Has anyone done both?

So I have around $150k liquid. About another $40k in stocks I'm willing to pull out. I have zero experience, finding a BRRRR in my area is next to impossible. I just want to start making some money and leave my job eventually.

Should I do section 8? Normal places that cash flow? What are some suggestions?

I just want financial freedom.

Located in Knoxville, TN