All Forum Posts by: Peter Lai

@Remington Lyman

I am excited to get started with my first rental BRRRR!

@Rob Bergeron

I’m loving the cash flow numbers with the Midwest too!

@Craig Nakai

Let’s chat sometime! I DM you already.

@Brandon Goldsmith

Thanks Brandon for tour input. Do you have experience in helping out of state investors with BRRRR? If so, I would to hear your stories and opportunities for the both of us!

@Andrew Syrios

Thanks Andrew for the great article. I do agree with you that caution and research is needed in order to invest in out of state, and that is something I am willing to do.

-I’m from San Jose, CA

-I have 400k to invest

-Goal is to reach 10+ multifamily units

-looking for other long distance investors

-looking for connections

-looking to network

-possible areas of interest:

—Columbus Ohio

—Louisville Kentucky

—Dallas Texas

—Orlando Florida

—Jackson Mississippi

Any advice or connections is appreciated!

Hi BP Community!

My name is Peter and I reside in San Jose, California. I have read David Greene's book on long distance BRRRR and I'm excited to start my journey. I have about $400,000 to invest and my goal is to eventually reach 10+ units. I'm leaning towards multifamily properties. I'm also open to partnerships.

I know I need to build a good team (realtor, contractors, PM, lender, attorney, CPA, etc.), but I’m not sure which area to start looking.

I’m thinking areas that are landlord and tax friendly, or wherever as long as it works. Possibly Ohio, Florida, Mississippi, Kentucky, or Texas?

Any advice, connections, networking is appreciated!

Hi BP members,

I have read David Greens book on long distance BRRRR and I really want to get my first deal done ASAP. I want to start building my portfolio and get to 10 units.

I currently reside in San Jose, California and I have about $400,000 to invest. I know I need to build a team (realtor, PM, lender, contractors, attorney), but I’m not sure where are some good areas to invest that are landlord friendly and tax friendly to BERRR. Maybe Mississippi, Ohio, Kentucky, Florida, or Texas?

Looking for any advice or possibly partnerships. Thank you!

I currently have 200k for down payment and I’m looking to buy an investment property up to 750k anywhere in the Bay Area from Oakland to Stockton to Fresno. I’m not sure if I should try to shoot for positive cash flow or appreciation (appreciation seems to be at a halt and will not increase as much as the last few years). Although in reading Property Rentals by Brandon Turner, he always shoot for positive cash flow and any appreciation is “icing on the cake.” What are your thoughts regarding: 1) cash flow vs appreciation in Bay Area 2) Single family vs multi family 3) location in Bay Area that works best for the chosen strategy