Don’t give up, real estate is profitable, but also frustrating at times, learn from other people's mistakes.Here are my quick tips to getting started:Watchthis video 4 Reasons Why New Real EstateInvestors FAILFourSquare Method for analyzing deals CalculatingNumbers on a Rental Property [Using The Four Square Method!]

We spend a lot of time with our investors helping them to build an over all financial strategy, learn the benefits of investing in real estate, navigate complicated topics such as; creative financing methods, tax strategies, entity structuring, 1031 exchanges, cost segregation studies, market analysis, etc. 

I had read Rich Dad, Poor Dad; The 4 Hour Work Week, I Will Teach You to Be Rich and many other books in that category that why I decided to focus on REI as my method to build wealth and hopefully reach financial independent.

Perhaps combine that with the BRRRR method and refi out in 6-12 months to return your capital.

Therefore, what are some challenges we may face utilizing this method for real estate investing?

Yield is a function of risk...so with DC being one of the lowest risk markets in the country, its going to have very low yields, ie low cash on cash.There is a method becoming more popular to achieve higher yields in DC and that is renting by the room.

Basically I am hoping to do the BRRRR method, but myself and my roommate will be the first "tenants" and live there while the renovations are being done.

I'm just curious about if any of you guys that have read the book utilized one of these methods.

Can anyone with experience in the area offer their opinions on the best value add methods?

I'm looking to use the BRRRR method to acquire multiple properties.