Plus, you get the added benefit of appreciating property values in promising areas.It's always great to connect with fellow investors who appreciate the value of tried-and-true methods.

Lately I have been hearing a lot about his method of using a HELOC loan and using the proceeds from that as a down payment for multi units.

one of my favorite quick flips.bought court house steps for 125k.. 

Those reasons are perfectly outline my personaAfter researches I’d realized that the best place to do real estate in a scale is in USA 🇺🇲My intention is to do the BRRRR method and to be expert in that and with other financial creative strategies Continuing to document my experiences, lessons, and insights, hoping that it helps others like me, I invite you to follow, share with me your insights, and come on let’s connect!

After you get some basic information from there, you should use the enemy method to identify how well competitors do in the area. 

Two I often see discussed in these forums is 1% rule and the BRRRR method where 100% recoup of down payment funds and closing costs are the end goal and if one or both of these boxes aren’t checked the property is not considered.

It never really was a good method. 

I reviewed Form 8824 and after much research I generally feel comfortable completing the form as well as how to depreciate the carryover basis and additional (or excess) basis using either of the two allowable methods (general and simplified methods).  

Lindsey, you’re right there is a lot involved with house hacking out of state and I’ll be circling back to that particular method in the near future.

I want to invest in real estate by using the BRRRR method.