Newbie to REI from Metro Detroit

[Jonathan Postema]

Novice REI and brand new biggerpockets member here. I am in my early thirties and I plan to get my first investment property within the year. I have a full time job as an attorney (not real estate) and this would be, at least initially, a "side hustle". If things go well I may consider investing more time.


Right now I am in the process of educating myself on REI and finding my investment niche. I plan on listening to the biggerpockets podcasts, reading their UBG, and searching for other podcasts and resources to find more clarity on how I would like to enter the REI world. So far I have thought about starting out with everything from single family units, 2-4 family units, mobile homes, and storage units.

As far as questions, how did you go about finding your REI niche?

Also, what resources would consider a must read/listen to someone considering their first REI investment?

[Zachary Kucharek]

@Jonathan Postema well it sounds like you have a plan laid out. And just from reading that, it also sounds like the next step is seeing what rents go for in the area so look into that as soon as you can to find out if that is a feasible possibility to cover the mortgage monthly payment you posted. Then you can start moving on that, while looking into your next step of a SFH or MFH for you and significant other!