All Forum Posts by: Jennifer Dargento
Jennifer Dargento has started 6 posts and replied 22 times.
Quote from @Keira Hamilton:
Hey Jenn! A "higher amount of capital" is really relative. What type of investing are you looking to do?
BRRRR and/or multi-family.
I've been following and listening to a lot of experts on real estate investing (specifically BRRRR method) and I'm getting mixed signals as to whether it's better to buckle down and save a higher amount of capital before making your first purchase (something like $30,000 cash or more), or just starting with little to no cash just to get in the game. I've listened to Brandon Turner's The Book on Investing in Real Estate with No (and Low) Money Down, but I also read in David Greene's BRRRR book that seemed to imply using your own cash is the best way to scale and build wealth quickly. I don't want to be one of those investors who "runs out of money".
Looking for opinions of people similar to both Turner and Greene who started out blue collar and built wealth from scratch. I know there are pros and cons of both, but if anyone has advice that relates to the current market in 2023, that would be helpful. Thanks!