And indeed - All of the big real estate investors giants use other people money they raise in the market to do their investments.If you choose correctly your investments and put the money on the right opportunities you shouldn't be afraid to leverage yourself.And I think BRRRR is like running a marathon - Indeed in the short term you immediate cash flow is getting lower, but in the longer term you can increase your equity dramatically.The question you should ask yourself how far you want to go.Eran

About a week after we fired them in the middle of their absolutely disastrous job, we discovered that they had pilfered all our booze while they were working here.There are so many alcoholics in the large Eastern-European immigrant community here in Pittsburgh...and so little use to be had from them!

I would not even look at foreclosure properties to buy here as nearly all the income is from European vacationers and that market is DEAD.It is my intention for me and my investors to look at purchasing properties in the Orlando area of Florida where the short term and long term rentals should still be profitable, taking into account that it is still the vacation capitol of the world with over 49million people visiting it each year.

The French real estate market is ripe, especially with only 2% interest rates, however we're focusing on the Texas market for now until we can accumulate enough capital to make some deals here.With the dollar/euro exchange rate improving (for those with USD,) it's an excellent time to explore European real estate, but some disadvantages include really high transaction costs (for example, a "Notaire" is required for all property sales and that typically costs 8% of the sales price.

You just took a giant leap in the right direction; signing up on Bigger Pockets!

I believe the best communes for this are Ixelles & City Center (Bruxelles 1000) for tourists and Etterbeek (European Quarters - Schuman, Merode, Montgomery) for business & government travelers.Hope this helps!

IT might not....Second we did a 10 building complex 2 story builidngs, that had paint on the brick,, we sand blasted the paint off as much as we could.. the look of the exposed brick with partial paint on it had a old European look which is WOW really popular now.. the owner did copper clad trim on windows and copper color lighting to make it really look awesome.

I had a giant learning curve during these years .

Owning long distance rentals is a giant headache and everything gets more expensive  

Your #1 move at the start is make money and you can't afford to be screwed during the refi process and not get your money back cause then you are stuck in one property that doesn't even cash flow well and you have 0 dollars for deal #2.Small, fast projects, not giant profit margins, price to sell and make your 20k - 25k and keep it moving.