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Updated almost 9 years ago on . Most recent reply

User Stats

3
Posts
2
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Michael McWatters
  • Investor
  • Saint Albans, VT
2
Votes |
3
Posts

New member from Vermont, ready to get the ball rolling.

Michael McWatters
  • Investor
  • Saint Albans, VT
Posted

Hello everyone, 

I am very new to the real estate game. I'm currently 28 and bought my first property a year and a half ago which was a duplex. I spent the first year fixing it up and have been renting it out for the past 6 months. So far I have had a very good experience and now the wheels are turning as to how I can develop an investment strategy to start building an empire! Well, I guess I need to buy a second property first, which I have been back and forth on in terms of what route I should go (multifamily, single family, buy-fix-rent, turnkey, etc). I really enjoy the podcast, which is how I found this site. I am hoping some of the experience and insight from the members here can help point me in the right direction. Thanks in advance.

- Michael

Most Popular Reply

User Stats

108
Posts
46
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Blair Knowles
  • Real Estate Agent
  • Burlington, VT
46
Votes |
108
Posts
Blair Knowles
  • Real Estate Agent
  • Burlington, VT
Replied

@Michael McWatters welcome to the forums! I am also 28 own one duplex and have a second under contract. I'd say "do something". Don't stagnate. Multifamily (esp in Burlington) is a crazy competitive field. It might behoove you to specialize in something else. I feel like everyone is looking at the multi families. 

I'm sure I will run into you one of these days in this not very big state of ours. Excited to see where your empire is at in another year!

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