Bought my first rental. Im not satisfied. I want more.
I closed on my first investment property in Indianapolis last month and got my first check a few days ago. Thanks to BP I am now a real estate investor! I got the property through a Turn key company run by a BP member and they were great. There were a few bumps along the road, but the company handled them all well. The problem is it was so easy that the process left me wanting more. I am not saying that I want problems. More that buying Turn key I payed about retail, and I would like to be able to add value to a property and my net worth. I am leaning toward the BRRRR method. However doing that from far away seems like it could easily go wrong. I met some good people through the process and that is a good start. Any advice from those who have gone the BRRRR rout from afar?
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Real Estate Investing - a socially acceptable product that's more addictive than heroin, more expensive than cocaine, and gets you higher than pot.
Well done1