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All Forum Posts by: Andrew Syrios

Andrew Syrios has started 74 posts and replied 10135 times.

Post: New Member Introduction

Andrew Syrios
ModeratorPosted
  • Residential Real Estate Investor
  • Kansas City, MO
  • Posts 10,502
  • Votes 5,099

Welcome to BiggerPockets Sam and best of luck investing!

Post: New to Bigger Pockets

Andrew Syrios
ModeratorPosted
  • Residential Real Estate Investor
  • Kansas City, MO
  • Posts 10,502
  • Votes 5,099

Welcome to BP and best of luck investing!

Post: New to real estate

Andrew Syrios
ModeratorPosted
  • Residential Real Estate Investor
  • Kansas City, MO
  • Posts 10,502
  • Votes 5,099

Welcome aboard Jim!

Post: New Investor from Los Angeles

Andrew Syrios
ModeratorPosted
  • Residential Real Estate Investor
  • Kansas City, MO
  • Posts 10,502
  • Votes 5,099

Welcome to BiggerPockets Martin and best of luck investing!

Post: How to start with BRRRR?

Andrew Syrios
ModeratorPosted
  • Residential Real Estate Investor
  • Kansas City, MO
  • Posts 10,502
  • Votes 5,099

IMO you need at least some money to really do a BRRRR deal. You just have no room to maneuver if you don't have cash (or a partner). So building up your savings is the best thing to do first. Jobs are not a bad thing here. Buying a duplex or fourplex with an FHA loan (only 3.5% down) is a great way to get into real estate. The best in my judgement honestly.

Post: Hello from new investor in Washington state

Andrew Syrios
ModeratorPosted
  • Residential Real Estate Investor
  • Kansas City, MO
  • Posts 10,502
  • Votes 5,099

Welcome to BiggerPockets and best of luck investing!

Post: Crack in Foundation, Deal Breaker?

Andrew Syrios
ModeratorPosted
  • Residential Real Estate Investor
  • Kansas City, MO
  • Posts 10,502
  • Votes 5,099

I think that's a hydrostatic crack and looks pretty bad. I would get a foundation contractor to give you a quote on it and retrade. Or if that's too much, just back out.

Post: Is The MLS Underrated??

Andrew Syrios
ModeratorPosted
  • Residential Real Estate Investor
  • Kansas City, MO
  • Posts 10,502
  • Votes 5,099

We find properties on the MLS every once in a while. It used to be quite common when there were lots of REOS between 2009 and 2013 or so. But today it's quite hard. That being said, it's getting easier, but the market is also soft so a great deal in 2023 needs to have a steeper discount than it did in 2021.

Post: nick from edmonton

Andrew Syrios
ModeratorPosted
  • Residential Real Estate Investor
  • Kansas City, MO
  • Posts 10,502
  • Votes 5,099

Welcome to BiggerPockets Harnaik and good luck investing!

Post: New to BP - Introduction

Andrew Syrios
ModeratorPosted
  • Residential Real Estate Investor
  • Kansas City, MO
  • Posts 10,502
  • Votes 5,099

Welcome aboard Hannah!