The property needs to be renovated to achieve maxium cash flow.

BRRRR does not work in every city as you know for a variety of factors but we are able to achieve them right now in Indie.

As a new real estate investor, you should start in your own back yard where you have the advantage of first hand knowledge of the market, the customs, expectations, laws, and a network of friends and acquaintances who can help with advice.  

He achieved financial independence around the age of 30 through real estate investing. 

This is my first post, I been thinking on helping people to achieve financial freedom for quite some time now.

We plan to achieve this goal by generating cash-flow through the buy and hold strategy, likely starting with a 4-plex in Anchorage using a FHA loan as an owner-occupant to begin house-hacking.

Here's the low down:250 Units, Evansville, IN | Class C+/B- AssetAcquisition and Assumption of Existing Debt (35yr Amort at 2.93%) + Mezzanine Note + Equity of about ~23% Equity Raise: ~3.1 Million (our own cash + limited investors as well).Plan: achieve cash on cash returns in the mid teens (going in 8.55%), IRR of 15%+ and 2.25x over a 7 year hold.

Here's the low down:250 Units, Evansville, IN | Class C+/B- AssetAcquisition and Assumption of Existing Debt (35yr Amort at 2.93%) + Mezzanine Note + Equity of about ~23% Equity Raise: ~3.1 Million (our own cash + limited investors as well).Plan: achieve cash on cash returns in the mid teens (going in 8.55%), IRR of 15%+ and 2.25x over a 7 year hold.

Brendon: In North Austin at least, you will not be able to achieve this goal with a duplex.

I am reading and learning regularly here on BP, hoping to make some contacts with experience or skills I can learn from first hand.