Recent College Graduate Looking to Invest

[Brandon Kowalski]

Hello All, I am a recent college graduate looking to get into REI and am looking for a advisor/partner to do deals with and take me under their wing. I am eager to learn and have some background knowledge with the industry but still have a lot to learn. I have been looking at small multifamily's in Illinois but quickly realized that with the property tax and interest rates being where they are, it would be hard to make a decent return. This has lead me to looking OOS as I have a solid amount of capital saved up to invest with. I've been considering turnkey (RTR) since I want something more passive as I am working full time in accounting but don't know if it is the way to go for my first deal. If there are any investors that have any advice on how they initially got their feet in the industry or would like to take a rookie under their wing, please reach out to me.

[Zach Lemaster]

@Brandon Kowalski

Welcome! TK is a great way to get started working with an established team, especially if you are considering investing OOS for better returns. We work with many newer investors that get started & build their confidence with TK that end up doing some pretty awesome things in the REI space across multiple markets. It's all about getting that first deal done, and then focusing on the next to consistently grow your portfolio. I've invested in many parts of IL for about a decade & agree with your assessment. I believe there to be much better markets out there from a tax, legal, appreciation & cash flow perspective. Happy to connect to share more thoughts.

We appreciate the interest in RTR.  Here are some more resources with other investors sharing their experiences that might be useful to read:

https://www.biggerpockets.com/forums/92/topics/518583-feedback-on-renttoretirement-and-zach-lemaster

https://www.biggerpockets.com/users/ZacharyCole/references

https://www.biggerpockets.com/forums/92/topics/765347-rent-to-retirement-review

https://www.biggerpockets.com/forums/44/topics/1058814-first-time-with-new-construction-cape-coral-fl?highlight_post=6055029&page=1

https://www.biggerpockets.com/forums/850/topics/895660-my-first-investment-property-an-out-of-state-deal