All Forum Posts by: Kyle James Horstmann

I would love to get in touch with anybody who has either succesfully earned a profit doing BRRRR, or is like me and trying to get started.

If you are in Arizona, even better, but that is not a qualifier.

I would love to get in touch with anybody who has either succesfully earned a profit doing BRRRR, or is like me and trying to get started.

If you are in Arizona, even better, but that is not a qualifier.

@Kyle James Horstmann

Too everybody, may I say that you guys know your stuff! At the very least, you sound like you do. Thankyou for opening my eyes to many aspects of foriegn investment. I am definitly going to have to study up before getting involved with Ecuador. My beautiful wife is from Ecuador, and when she talks about the political turmoil and strife... it would appear that it isnt the best idea.

Thanks for all of your help!

I am having the hardest time deciding on a career path that will ultimately help me in my real estate investing goals. Any recommendations on jobs or trades that will prepare for my life as an invester?

I am considering possibly starting my investment portfolio in Guayaquil, Ecuador. Housing and labor is cheaper there, which will allow me to start investing relatively quickly. My in laws live there and I trust them to maintain and help with projects.

My question, what do the taxes look like for international real estate? And are there any procedures that I should carefully follow to limit risk in third world countries?

Greetings,

My name is Kyle and I have been reading up on real estate, I want real estate investing to be my carever. Ive been reading a book about BRRRR and I am 95% sure this will be my niche.

The only thing is, the B. That is, buying a house. The book so far has stated that to BRRRR, you need to buy the house with cash. I have been practicing good PAW behavior. My wife and I are very thrifty and have been able to save about 4100$ in the last 3 to 4 months. My monthly net income is about 1500$, and soon I will be a property manager for a self storage facility. I will be living rent and utility free, so I will be able to stick 1100$ into savings each month. Still, at this rate, I wont be able to buy a house for 80 months. And I am itching to get experience and start my BRRRR life sooner. Would it be wise to look into flipping houses in order to increase my investment account? Or should I wait and stick ot out for a few years? Or are there other alternatives I can consider? FYI, I have no car payment, no debt and no student loans to pay off... yet. I am still looking into a bachelor program.

@Tylor Billings I live in Tucson and would love to participate in your meetings. I am trying to get into multi family properties and apartments myself.

My name is Kyle, I live in Tucson AZ and I have been reading several books about financial success and real estate investing. I am excited by all real estate, and am looking into apartments and multi unit properties. Problem is, im 22, I don't have a whole lot in the the bank ( I just started saving) and while I have some ideas to get funded, I would love to make connections here in Tucson AZ.