New investor/broker in Seattle area

[Greg Colligan]

Hello Bigger Pockets! 

My name is Greg. I've been lurking on BP off and on for awhile, but just became a pro member and decided to take real estate investing a lot more seriously. I'm also a recently licensed real estate broker. For the last year, I had a rental in Meridian, Idaho(right next to Boise) and just recently sold it to have some capital to make other investments. Still narrowing down what investment strategy to use. Currently reading BP published books, listening to podcast, and researching as much as can. I'm thinking I'd like to start with fix and flip single family, then progressing into multifamily rentals. I'm looking to network, make friends, learn, and just be involved in this incredible community, and hopefully bring some value where I can! Thanks

[Account Closed]

@Greg Colligan 

BRRR deals are basically flip deals that you decide not to sell. If you're going to keep it, make sure you have a good reason to keep it. A reason that beats the results of selling it. I can't for the life of me imagine why someone who can create 60k in equity in a 200k house would take 100/mo in cash flow, instead of take your 60k profit and roll it into the next project. Then when you've actually got a ton of cash, go throw it at a big project.