All Forum Posts by: Nicolas Ake

Awesome advice guys! Makes sense. Thank you.

Hello!

If the house market crashed/corrected in the middle of my first BRRRR would I just have to eat the equity loss and surrender hope for a successful appraisal/refinance? The next move would be renting that one out and looking to buy others as their price dropped, right? Am I over estimating how fast values would drop?

Wow thank you all for the overwhelming welcome! I appreciate you going out of your way to say hi or drop some knowledge or referrals.  

Hello!

I have been reading and listening to podcasts for about a month now after reading rich dad poor dad. A very unoriginal intro, I know. I live in Akron Ohio (44301), 25 years old and married with no kids yet. I work 60 hours a week and want to build $2000-4000 in passive income to start with. Once I reach that point I may focus on investing full time and work towards syndication of larger multifamily/building portfolio.

I plan on starting by BRRRRing single family homes and or small multifamily homes in Akron. 

Thank you anyone who says hello or gives advice! 

Thank you B.P!