All Forum Posts by: Alora Glaze

Join local investment groups on social media to get more insight into team members, REI agents, contractors, property managers etc. Right now, a lot of other community sanctioned groups are meeting remotely right now which means you may have an opportunity to join a zoom meeting and get further connected that way.
If doing some digging doesn't appeal to you - then try connecting with a REI realtor who may be able to provide further referrals for what you specifically need to get your project started.

Best of luck to you!

My first suggestion is to go ahead and get familiar with the jargon early, it will allow you to retain information easier and it will give you a leg up if you're aiming for an entry-level position in REI (this gets your foot in the door and will make it convenient to build connections).
Try reading some bestsellers like "Rich Dad, Poor Dad" that help break down the terminology and give some starting guidance. 
While you're at it - join local groups on social media for real estate investors. Often times there are meet-ups and virtual meetings that will allow you to get familiar with local investors, the current market, and what areas/contractors/realtors etc. are popular. Who knows - you may even find a mentor or a team out there!

Best of luck to you as you start your journey! Happy to have you here!

Congrats on starting your journey! We are happy to have you among us!
Looks like you've got a head-start on vetting your team - having a contractor you can trust, that does quality work is HUGE.
Just make sure you thoroughly vet any others, or subs, that you may bring onto your team. Making those small decisions to run background checks and call references, is a simple way to reduce your liability.

Looking forward to seeing what you can make happen in MO.

Best of luck to you!

https://www.amazon.com/Rich-Da...

Rich Dad, Poor Dad - is a solid one to start with and that, I'm sure, will lead you to others. I'd suggest turning on your 'keyword alerts' under your profile settings here in BP so you can get direct notifications regarding your topics of interest and the areas you plan on investing on. 
Joining local social media groups, on Facebook or otherwise, can also be helpful as far as immersing yourself into the real estate investment (REI) community.

Best of luck to you!!

Congrats on getting started!
For OOS investing with little capital, it can get tricky. I would suggest scaling your savings before you make any big moves. 
After purchasing, being cash-poor as an investor can make things much more stressful than necessary and can potentially leave you worse off if you aren't careful with your purchases and in vetting your OOS team. Your first step to seeing your potential, if your serious about diving in with what you currently have - would be to add an REI realtor in the market of your choice (consider midwest areas such as Indianapolis: cheaper to get in with high appreciation over time). The trouble with the market right now, at least in my area, is that inventory is low and is going fast and typically above asking - you'll have a lot of competition out there and consulting with a realtor in REI may lead you to lenders that will allow you to have realistic conversations about what is truly possible for your income/situation.

I think its great that you're serious about getting into REI at a young age - just dot your i's and cross your t's so you end up making positive and forward-moving decisions now that pay-off later.

Best of luck to you!

Always consider joining social media groups for your locale's investing community. Chances are you'll get solid recommendations and also be able to see what your fellow investors are doing in the area.
Make sure to thoroughly vet any new member to your team.

Best of luck to you!

Welcome to the Indy market - I'd recommend Jynell Berkshire, as far as an REI attorney and City Place property management.
Out of state investing in Indy is my wheelhouse; let me know if I can be of any further help.

Best of luck to you!

What connections have you made thus far?
While I agree joining the local OOS groups on FB is helpful - getting first-hand recommendations from a realtor in REI here in Indy or otherwise may prove invaluable.
Let me know if I can be of any help - always happy to connect and share reliable resources.

Best of luck to you!

Definitely join some local groups in your area, even on Facebook, for investors - great resource for local meet-ups and to make connections and hear recommendations from your fellow colleagues.
I'm glad to hear that you're excited to jump in - lots of newbies have that initial analysis paralysis - with that being said, find the best way to crunch numbers that works for you so you can get into deals quickly. Make sure to have a semblance of a team set-up before you dive into things also, i.e. a contractor for a scope/estimate
Soon enough, as an agent, you'll be able to pull your own comps, property history reports, and get great insight that a traditional investor may not have.

Congrats on taking your first steps! You're already leaps ahead of where I started - best of luck to you!!

Join a local Facebook group for REI in that area - see if you can glean any recommendations. Make sure to get quotes from LICENSED and INSURED contractors, preferably ones that will warranty their work, too.
As stated above, you'll want to make sure to get a few quotes, but be respectful of the GC's time as they won't like to be on-site quoting a property with another GC doing the same there who they're bidding against.
Make sure you get connected with a contractor who is familiar with the REI community and may already have vendor connections - paying full retail is never ideal.

As far as junk services are concerned - easy enough to google search and they should be able to come to you and will charge per the truck load/sq footage. Make sure you confirm pricing, as that doesn't hurt to shop around also. But be weary and ask what items they WON'T take - i.e some won't take concrete or piles of dirt, for example.

Best of luck to you!