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All Forum Posts by: Andrew Syrios

Andrew Syrios has started 74 posts and replied 10135 times.

Post: South Florida Local - New to Bigger Pockets

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

Welcome to BP Timothy and good luck investing!

Post: Best Way to start investing

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

BRRRR and Helocs are great ways to invest but as far as getting started is concerned I think nothing is better than buying a property to live in with an fha loan or high ltv bank loan (I got 95% on my home through a bank which wasn't fha).

You can buy up to a fourplex with fha but even just buying your own home, the financing is so much better than for investors. (Which is all the more important in the new interest rate environment we find ourselves in). Then, when you move out, just hold your current home as a rental. Rinse and repeat.

Post: New Member Introduction

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

Welcome to BP CJ and best of luck investing!

Post: Is NNN lease a good first investment?

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

NNN leases are the gold standard in commercial real estate but there are a few problems 1) the cap rate will usually be low and so your return isn't going to be very high (usually) and 2) you usually only get NNN on stand alone or larger commercial properties, which are very capital intensive. Not really a newbie investment

Post: SINGLE FAMILY, Renovate and hold

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

Congrats Elliot!

Post: Newbie in North Idaho

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

Welcome aboard Jessica and best of luck investing!

Post: Post your available tickets HERE

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

Hi everyone, I got one ticket available for BPCon. If anyone is still looking, please let me know. 


 Sorry, this ticket has been taken. I misjudged the demand thinking this close to the conference it would be rather low. Good luck to everyone finding a ticket

Post: Post your available tickets HERE

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

Hi everyone, I got one ticket available for BPCon. If anyone is still looking, please let me know. 

Post: Wallingford Elmo here!

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

Welcome aboard Kenneth!

Post: BRRRR still? Refi options in current market?

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

You just need a better deal (and they're easier to find these days) or be willing to settle for an almost BRRRR and leave some money in the property. It's still doable, just new challenges.