After saving for years and being priced out of nearly all of our favorite neighborhoods here in the northeast, we decided to give up the American Dream of being house poor the rest of our lives and get into real estate.

The BRRRR method becomes possible if you know the right mortgage brokers, also for foreigners (it is true that for Americans they have their specific criteria to look at things).

It's the top 3-5% of wealth buying in a house as speculation; so don't compare those types of investments to where the rest of 95% of society is operating.

And it is happening faster than society can respond. 

My seller has now put money down to buy a triplex that FIG is building in American Fork, the cap rate is 7%.  

American’s Net Worth is UPTotal net worth for the bottom 50% of folks is UP big time, and has been since the Great Financial Crisis, but it took 13 years, until ~2019, to get back above 2006 levels.

American Air and HVAC was the group I used FYI

@Jeremy Staggers I've used First American Title in Houston for many transactions (Spring office).

So let's say out of state landlord fail to make a payment , bankrupt pass away etc the agent is responsible. that is the problem and that is why I mentioned most property managers would not do it.Ok, I see what you are saying and perhaps this is a language issue since you seem to be in Canada and the author of this article is writing in proper American English!

One property installed a American Standard 4ton 16 seer, silver AC in Aug-2022.