Lately I have been hearing a lot about his method of using a HELOC loan and using the proceeds from that as a down payment for multi units.

As I said before I do not disagree with advice like paying down “bad” debt; however, he seems to not like debt in and of itself which in my opinion runs counter to what many on BP and other forums would view as a useful and often necessary tool and method for accumulating wealth in real estate.  

After you get some basic information from there, you should use the enemy method to identify how well competitors do in the area. 

Those reasons are perfectly outline my personaAfter researches I’d realized that the best place to do real estate in a scale is in USA 🇺🇲My intention is to do the BRRRR method and to be expert in that and with other financial creative strategies Continuing to document my experiences, lessons, and insights, hoping that it helps others like me, I invite you to follow, share with me your insights, and come on let’s connect!

Two I often see discussed in these forums is 1% rule and the BRRRR method where 100% recoup of down payment funds and closing costs are the end goal and if one or both of these boxes aren’t checked the property is not considered.

I reviewed Form 8824 and after much research I generally feel comfortable completing the form as well as how to depreciate the carryover basis and additional (or excess) basis using either of the two allowable methods (general and simplified methods).  

I want to invest in real estate by using the BRRRR method.

Plus, you get the added benefit of appreciating property values in promising areas.It's always great to connect with fellow investors who appreciate the value of tried-and-true methods.

Better than Airdna use the Enemy Method. 

When I left the payments industry back in 2000, I kept watching the market for a method of performing a micro transaction.