First Rental Property Investment: Conventional Strategy vs BRRRR
Hey everyone!
I'm looking to do my first rental property investment within the next few months. I'm planning on house hacking a duplex.
For a first time investor, would you guys recommend going with the BRRR strategy right off the bat? Or trying to find a decent turn-key property that I could just get in and rent out. On paper, BRRRR looks vastly superior to simply acquiring properties with a down payment, but I'm thinking it might be better to go with the conventional way of doing things for my first property or two, so I can get some experience and grow my confidence.
What do you think?
Cheers!
-Aaron