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Updated over 2 years ago on . Most recent reply

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Michael Scott
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5
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Hello from a newbie

Michael Scott
Posted

Hello BP community,

I had several recommendations from people on reddit/insta and got to reading "Rich Dad Poor Dad". This book was a light bulb moment for me, and I realized i am a fool for letting my money sit in the bank. I started doing some research on RE and talked to few friends who are in the business and thats where i found BP.

I live in Atlanta, and would like to start my journey in the area. I am particularly interested in BRRRR. I plan to use cash i have in hand for rehab and my home equity or HELOC for the purchase. But I've been hearing that this is a bad market for BRRRR, especially in Atlanta. Is it better to do turnkey property rent and hold strategy? I do like how rent and hold is less risky, but I cant get too far with this strategy with the limited cash that i have. What are you guys' thoughts on BRRRR? is it really a bad time to enter the BRRRR market with zero prior experience?

Most Popular Reply

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587
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Alli Breighner
  • Lender
  • San Diego, CA
304
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587
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Alli Breighner
  • Lender
  • San Diego, CA
Replied

Hi Michael, 

I'd love to discuss the BRRRR method with you.

Happy to connect and discuss your real estate interests. 

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