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All Forum Posts by: Andrew Syrios

Andrew Syrios has started 74 posts and replied 10135 times.

Post: New Real Estate Investor

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

Welcome to BP Jourdan and best of luck investing!

Post: Self Managing OOS Rental

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

Property managers can be tough, but it's very difficult to manage from afar. I've seen it done, but it's not easy, even with modern technology it makes a whole lot of difference to be able to go the property yourself if need be. And also to meet with local contractors, vendors, etc. I would lean toward hiring a manager.

Post: Out-of-State vs. In-State

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

All things being equal, it's a lot easier and less risky to invest in state than out. But if you're in a really expensive market like LA or NY where cash flow is all but impossible on anything but larger multifamily, then it might be worth going out of state. But I would always lean toward in state investing.

Post: Hello newbie here, I have few questions.

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

Welcome to BiggerPockets Samuel and best of luck investing!

Post: Blueprint To Scale Single Family Housing

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

I would humbly recommend reading two articles I wrote for BP on scaling a real estate company, which applies to SFR (as that's what we focus on predominantly):

https://www.biggerpockets.com/...

https://www.biggerpockets.com/...

Post: Newbie Rodrick Wright from Boston Massachusetts

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

Welcome aboard Rodrick and good luck investing!

Post: Get up, fall, get up, fall , what now !

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

Get up again

Post: Newbie with Cash to invest in Real Estate

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

Welcome to BiggerPockets and good luck investing!

Post: Extremely motivated newbie here ;-)

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

Welcome aboard Rachel and best of luck investing!

Post: Delayed Financing for an effective BRRRR

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

Congrats Jeffrey!