All Forum Posts by: Parker Lewis

Hello Everyone,

I have been fascinated reading about the BRRR Strategy and trying to get a hold of some properties in my area.

I have been reading all over the place about the BRRR Strategy and trying to learn more and more about it.

Could someone dumb down the BRRR Strategy and how someone like myself could get into the game by using. (If you could, could you do a step by step process?)

Thank you all for taking your time to help me on this! 

I have a few quick questions about starting out. 

We are living in the Salt Lake City Area and are thinking about using and FHA loan to buy a Duplex, Triplex, or FourPlex.

1. What would you all recommend out of those? I have heard so many mixed reviews that a fourplex is the best because you have 3 other people paying your mortgage for you, but you have to get into it with more money. Then i have heard that a duplex is the best way on a first deal?

2. We are in the money saving mode right now and trying to get at least 10k to 14k for an FHA loan. How much money do you all recommend? The closing costs are something that scares me because that is just more expenses to the overall cost.

3. We are wanting to do the BRRR Strategy because we are looking into buying more and more properties each year. How do you all find properties that are low enough to buy and then fix up a little to get refinanced?

4. What articles and books do you all suggest reading to learn more about this? Does anyone know people in the Salt Lake Area that are willing to help to give suggestions on how they did it? 

Thank you so much for your time, i really do appreciate it! 

Hi All,

I am currently 2 years away from getting my bachelors degree. With that being said i am looking into jobs that will allow me to be able to own and invest in real estate. What are some ideas that you all have on this topic? 

I have some many things go through my head on careers like property manager, broker, etc.., but i am not sure what would be the most beneficial for me and my family?

My wife and i are currently raising the money to put a down payment on a 4Plex (Using an FHA Loan).

We are just unsure what to do career wise so that we can have capital to invest more and more each year?? 

Need some help.

Thank you,

Parker