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Updated 23 days ago on . Most recent reply

User Stats

1
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4
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Drake Backman
  • New to Real Estate
  • Utah
4
Votes |
1
Posts

Newbie trying to learn the ropes

Drake Backman
  • New to Real Estate
  • Utah
Posted

I’m Drake, a new investor in the Lehi, Utah area.  (Where Footloose was filmed!).  I'm new to the real estate investment game and I'm a bit nervous about dipping my toes into unknown waters.  I don't currently have any investment properties, but will likely work with a turn-key property managment in the Memphis/Little Rock area.

My goal is to build a good cash-flow portfolio to ease into retirement.  Turn key rentals seem to be a good way to go, but I'm also trying to learn about other more passive strategies.  Currently, I'm trying to find a tax strategist that will help me learn how to manage tax situations.

Looking forward to learning and contributing as I can.

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