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Updated over 10 years ago, 08/05/2014
Newb from Phoenix Arizona
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