Hello, moving to Arizona and plan to start my BRRRR portfolio!

Hello, moving to Arizona and plan to start my BRRRR portfolio!

Member since 2020 · 4 posts · 0 votes

Would like to connect with professionals and network. Would love to learn what areas are great, what steps I should take to become successful with my first property.

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  • Real Estate Agent/Investor · Peoria, AZ · Member since 2016 · 2k+ posts · 2k+ votes
    5y

    @Ernesto Ruiz

    What part of AZ are you moving to? As far as steps to take, make sure you're approved for a loan and know what kind of ARV you're working with. Nothing kills a BRRRR faster than miscalculating the ARV and being stuck with all of your money in a property.

  • Member since 2020 · 4 posts · 0 votes
    5y

    @Bob Okenwa

    Bob thank you for the reply! I am looking to move in the Peoria or Surprise ara. Thank you for the advice, for the first property I plan to live in it for the first year or two and rent out the free rooms.

  • Flipper/Rehabber · Phoenix, AZ · Member since 2016 · 254 posts · 100 votes
    5y

    @Ernesto Ruiz

    Welcome to BP and Arizona! House hacking is a great way to get started, especially in a new market. Hopefully we can connect at some local meetups!

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