Skip to content
×
Try PRO Free Today!
BiggerPockets Pro offers you a comprehensive suite of tools and resources
Market and Deal Finder Tools
Deal Analysis Calculators
Property Management Software
Exclusive discounts to Home Depot, RentRedi, and more
$0
7 days free
$828/yr or $69/mo when billed monthly.
$390/yr or $32.5/mo when billed annually.
7 days free. Cancel anytime.
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
New Member Introductions
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated over 5 years ago on . Most recent reply

User Stats

8
Posts
3
Votes
Stephanie Simon
  • Rental Property Investor
  • Los Angeles, CA
3
Votes |
8
Posts

Newbie Rental investor interested in BRRRR

Stephanie Simon
  • Rental Property Investor
  • Los Angeles, CA
Posted

Hello everyone!

My name is Stephanie. I have not invested yet but I do (somewhat) manage my father's rental property. 

At this point I want something of my own. I'm going to invest in rental property. Looking into BRRRR in Nevada but don't know what part. I only say Nevada because Los Angeles is expensive and it's just a 4-5 hour drive away.

I currently have 20k saved and am researching my options. Multi-family would be ideal if possible but I know I have to start somewhere so I'm also looking at SFRs.

My goal is to gain enough cash flow to be financially free in the next few years. I had a baby 8 months ago and was told I need to slow down and focus on raising her but this has always been my dream. At the end of the day I want to leave a legacy for her.

I'm very eager to learn and am open to any feedback/suggestions that anyone has to offer.

Blessings.

Loading replies...