All Forum Posts by: Julien Jeannot

I'd agree, combine the two.

The CRM is its data is your mine and need to keep control over it.

The CRM also allows you to keep an eye on the business and supervise the VAs.

I'd say it depends on a bunch of variable. I see BRRRR it as tool in my kit, rather then my go to strategy.

I would agree, purchasing the first property is the first step.

No need to get too fancy with the complex approaches.

That's what I am seeing as well.

I've come across them a few time and they were advertising "wholesale" deals that were on listed on market.

They had a nice little markup too for themselves, but you could have saved yourself $30k by using an agent to represent you.

Keep up the due diligence out there!

What is your end goal?

And I'd be cautious about getting after the "best." It takes base hits all day long to be successful in this space. Most of my clients who are seeking the "best" and the "lowest" of whatever sit on the side lines the longest.

If you want to be active, I'd counsel dipping your toes with $100k leveraged out and learn from it. 

Great write up Ryan!

I love the first one. That applies well to long term tenants as well.

Congrats

The first one is always the hardest. Keep it up!

I'm with the multi family, especially in an area that has high appreciation.

I've done the midwest cash flow thing, but quickly realize that my barely cash flowing properties in the Seattle market were making me wealthier so much faster.

I'd play out each strategies over at least 5 years to see if they meet your goals.

Congrats on your first property!

I was in the same boat with my first duplex. Struggling to save to reinvest. A couple of things I would have done different to expedite the process.

- Rehab and rent for market price the unit I was not living in sooner.

- Enlisted my friends to help out on projects.

- Change jobs more often to seek higher salaries.

- Network more with local investors to partner with someone with more funds.

- Grind to find opportunities to JV with my new investor friends.

- Partner with family sooner.