All Forum Posts by: David Derus

I'm just starting out. I read Greene's Long Distance Real Estate Investing and I am currently about half way through BRRRR. My question is this, what are the down sides to BRRRR? I'd love to hear critiques of the method. Just to help me think more critically as I engage in this text. It seems pretty good and I'm going to try it once I get the capital. I just want to go in with eyes wide open as possible.

Thank you.

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Quote from @Nathan Gesner:

Quote from @David Derus:

Welcome to the BiggerPockets forums!

Read "Long-Distance Real Estate Investing" by David Greene. That will answer 80% of your questions and give you plenty of actionable information to start looking.

I recommend you take some time to read the book, narrow in on a particular market, start watching that market, and analyze properties as they appear. The markets are still cooling, so Spring of 2023 may be a better time to get started.

Thank you. I listened to his book and I loved it. it is the narrowing in on a particular market that is tripping me up. I think I should buy it again and do some highlighting. :)

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Hi All,

I'm just starting out this journey with a friend of mine who is a realtor. We have money lined up and about 140k to start between the two of us. Currently in Los Angeles and that kind of cash doesn't go far. My first question is, how do you look for a market that you are not living in? What factors go into that decision? Thoughts on where we should start? We want to flip about 3 or 4 a year plus buy and hold 1 or 2 duplexes. I'm excited to be here and learn.

2 Votes

All Forum Posts by: David Derus

David Derus has started 2 posts and replied 3 times.

Post: Help me with Downsides to BRRRR

Post: Long Distance Beginner Question

Post: Long Distance Beginner Question