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Updated over 10 years ago on . Most recent reply

User Stats

17
Posts
2
Votes
Brock W.
  • Real Estate Investor
  • Phoenix, AZ
2
Votes |
17
Posts

Newb from Phoenix Arizona

Brock W.
  • Real Estate Investor
  • Phoenix, AZ
Posted

Hello BP!

My name is Brock, I live in Arizona. I found BP accidentally one day by Googling 'cap rate'.  Then I downloaded the pod casts and finally signed up.

I've lived in the Phoenix area most of my life. I became a REI in 2010. I asked my wife "Hey, how about we buy another house while the prices are low?" I didn't know much beyond that, but it was a start. A couple months later, we owned a townhouse.

We know have 3 SFH rentals:

  • The townhouse
  • Our old residence (we moved in 2011)
  • Another SFH out of town in Central AZ

Without going into to much detail yet, we don't make a lot of cashflow.

After reading BP, I realized how much I don't know. I figure I can learn here from the people who went before. I need to see how to make my current operation more profitable, and grow it as well.

Regards,

Brock

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