New Member Introductions
Market News & Data
General Info
Real Estate Strategies
Short-Term & Vacation Rental Discussions
presented by
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Tax, SDIRAs & Cost Segregation
presented by
1031 Exchanges
presented by
Real Estate Classifieds
Reviews & Feedback
Updated almost 3 years ago,
new investor looking where to turn next
Greetings Fellow Investors! My name is Ryan. My wife and I purchased our first investment property right before the new year. It is a single family home and we are positive $550 on cash flow. It does have potential for a lot of added value, but it's hard to rehab the house with the family living in it. They have been there for 12 years and do not plan on moving in the foreseeable future. This makes it hard for us to follow the BRRR investing strategy, and after our down payment we have about $8,000 left over to start for a second one.
Any advice on a next move? What creative possibilities are out there? Thanks so much