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All Forum Posts by: Jay Wu

Jay Wu has started 3 posts and replied 17 times.

Post: The BRRRR method is foolproof! Right?

Jay WuPosted
  • Fremont, CA
  • Posts 18
  • Votes 5

Thanks for posting this, @Zach Hoereth As a new investor I will definitely take your word of advice and evaluate each deal with caution. BRRRR isn't the only way to invest especially for starters.

Post: Newbie investor, looking to connect

Jay WuPosted
  • Fremont, CA
  • Posts 18
  • Votes 5

@Kerry Noble Jr Hey Kerry, it would be great to connect and learn from you and your team. I will send an request your way.

Post: Newbie investor, looking to connect

Jay WuPosted
  • Fremont, CA
  • Posts 18
  • Votes 5

@Zach Hoereth Thanks for your kinds words, Zach. Would be happy to work with you further, I will send you a request to connect.

Post: Newbie investor, looking to connect

Jay WuPosted
  • Fremont, CA
  • Posts 18
  • Votes 5

@Stephanie Chiramberro Hey Stephanie, yes please that would be great! Do you happen to invest in KC as well?

Post: Newbie investor, looking to connect

Jay WuPosted
  • Fremont, CA
  • Posts 18
  • Votes 5

@Justin Polston Hey there Justin, looking forward to learn more about Indy from ya!

Post: Newbie investor, looking to connect

Jay WuPosted
  • Fremont, CA
  • Posts 18
  • Votes 5

@Aaron W. Likewise, AJ!

Post: Newbie investor, looking to connect

Jay WuPosted
  • Fremont, CA
  • Posts 18
  • Votes 5

Hello BP, my name is Jay and I would like to introduce myself to the forum as I have been around for a while and have not had a chance to. Currently working that 9-5 in corporate finance space in the Bay Area trying climb the ladder, but have long been interested in real estate since my second job in a residential RE firm. 

My goal is to start from SFR buy and hold and build up my portfolio. I'm very interested in using the BRRRR method. After listening to many BP podcasts/audio books and have been doing a lot of research, I still feel like it brings quite a lot of risk for a newbie like myself despite still trying to understand how much to leverage or how to estimate rehab costs. I understand there are ways to mitigate such risk such as to start networking and build a rockstar team in the local market I plan to invest in.

The areas I'm focusing on right now are Indianapolis IN and Kansas City MO. If you are an expert and local to these areas or even if you just want to talk about RE, feel free connect!! I will be active here as I continue to acquire more knowledge and learn from all of you.

Happy investing!