Just wanted to introduce myself.My name is Ariel, I am 32 years old (this Thursday), and I am making my first steps as a real estate investor.As I live abroad, most if not all of my work would be remote, and right now I am focusing on Jacksonville, FL.My main goal for this year is to fix and flip  at least 2 SF's properties, and for the next few years to increase this number, maybe do some MF, and possibly to also BRRR when I raise enough of my own capital.At the moment, my biggest challenge is the fact that I am remote, so I could use some help from a local realtor or management company.It's so amazing to know this community  exists, and I am thrilled to actually take part in it

Over time, rents may increase, improving your cash flow, and you’ll gain equity and valuable experience managing tenants and property operations.

Accessory Dwelling Units (ADUs) are an increasingly popular way to generate additional rental income on an existing property.

I do agree that operating costs (insurance rates) will not go down and may even increase over time.

Once the property is sold however we will be ok and our incomings are due to increase the following year.

Recognize there are challenges doing BRRRRs since the rate increases that have occurred in the last couple years

By making yourself an asset, you’ll increase the chances of someone taking you under their wing.Use BiggerPockets to connect locally.

Housing has always been super affordable there, and new construction has increased in recent years.

The rent control in some cases is really unfair to the landlord as the percentage increases are virtually irrelevant when the rent is a small amount.

They had an unfinished space counted as finished space increasing the size of the home by ~10%.