All Forum Posts by: Andrew Syrios

Welcome to BiggerPockets Dan and good luck investing!

I think that term, "clean BRRRR." I'm adding to my verbal repertoire if you don't mind

That's awesome Will, congrats! It always feels good to have no debt, that's for sure. (Not that I've known what that feels like for a long time...)

Congrats Yash, well done!

Welcome to BP Bi and good luck investing!

The BRRRR strategy is tough these days (I even wrote an article about it that goes into more detail a little while back: https://www.biggerpockets.com/blog/beyond-brrrr-taking-advan...)

In short, high interest rates as well as labor/material costs makes it hard to buy a property with debt and cash flow. Not impossible, but much harder than before. By far your best bet are cheaper markets. Baltimore and Jacksonville are certainly better than say New York or San Francisco. But southeast and midwest cities (not including Chicago or Miami or most of Florida) are your best bet

That's definitely a good exercise and one we've been doing more and more lately (and thereby selling and selling more these days). 

That's great to see how well you've done. Congrats!

Welcome to BP Eric and good luck flipping!

Welcome to BiggerPockets and best of luck investing!

That is enough albeit only a cheaper property and, while I don't know Florida that well, I doubt there are many in that price range. 

Also, I would be hesitant to do private lending with all my investment capital on one property. Yes, it's secured and if you have to foreclose you can sell and recoup at least some of your investment. But it's a bit too "all your eggs in one basket" for lending to someone else.