Looking for Advice: Best Strategy to Start Investing With $100K Cash + $400K Equity

[Account Closed]

Hey everyone, I’m trying to figure out the smartest way to begin my real estate investing journey and would love some input from people with experience.

[Nicholas L.]

@Account Closed

hello.  a few reactions.

-BRRRR is tough. OOS BRRRR is even tougher. do you have time to PM a BRRRR? I'd stay local, or within 1-2 hours, so you can be hands-on. no one is going to be your "BRRRR success coordinator" - that role does not exist.

-there are no "cash flow markets out of state."  interest rates are too high and maintenance is too deferred.  investors in HCOL areas like CA who chase cash flow seem to end up like this:

https://www.biggerpockets.com/forums/48/topics/1242392-rough...

https://www.biggerpockets.com/forums/48/topics/1137397-balti...

https://www.biggerpockets.com/forums/432/topics/1231840-sell...

https://www.biggerpockets.com/forums/311/topics/840134-memph...

https://www.biggerpockets.com/forums/963/topics/1195280-expe...

Failed BRR in Memphis TN

A Cautionary Tale About a Property Manager in Cinncinatti

i hope this helps. i'm not trying to be discouraging, just realistic. i actually just finished a modest BRRRR that I'm very happy with. it doesn't 'cash flow,' but i forced equity. that's what BRRRR is for.