Updated about 9 years ago on . Most recent reply
New member from Portland, Oregon
Greetings everyone! I'm Josh, an electrician from Portland, Oregon. I recently graduated with a Construction Management degree and am currently working on my Bachelors in Business. I want to use the BRRRR strategy to flip homes in the Portland metro area. My long term goal is to have rental properties that generate enough passive income to quit my Mon-Fri job and free me up to travel.
I found BiggerPockets through a podcast search on real estate and have been hooked ever since. (About 5 months now)
I look forward to getting to know the people of this community and learning from the vast wealth of knowledge that is in here. Any advice, direction, book recommendations, etc., are welcome.
Most Popular Reply
Welcome to the forums @Josh Flaucher! The BRRRR strategy is awesome.
How would it work in Portland? Portland prices must be very high these days, no?
I make it work in Philly where you can buy and renovate in B and C neighborhoods for 100K then rent for $1200 to $1400 and then pull out all your cash through the refi.
How many units are you working toward? Be sure to listen to the Clayton Morris podcast that goes into achieving your freedom number.
Best of luck to you!