All Forum Posts by: Antony Munoz

Bigger pockets is a great way. Get on all those social media apps. Join local facebook groups. Find local meetups. Help people and don't expect anything in return. Those are my ideas!

@Antony Munoz Have you asked friends and family for referrals on team members?  Do you know every single person they know and are you certain they (and you) don't know anyone?

You can also try to find individuals through the BiggerPockets site for team members. 

@Antony Munoz You need to get a clear understanding of your goals first.  Then tailor your questions to the potential team members you are vetting.   For example, if you are looking for passive income, then a specific set of questions would apply to creating a long term portfolio.  But if you are looking to do a short term flip, then it would be a whole different set of questions.   Either way you can ask if they would be a good fit for a new investor, not all companies want to work with "newbies".  But some companies thrive on training and educating you along the way.  If you decide your goal is passive long term income PM me directly and I can get you some great questions to ask.   

Anthony, 

we are realtors and investors here in Beaverton. Actually got into contract on behalf of another bigger pocket investor today for a great deal with a ADU. If you'd like to chat lets connect!

@Antony Munoz Congrats on making the decision to get your first property! The first one will be challenging for sure, but you will learn a lot and it will be WELL worth all the effort - I promise! Have you read David Greene's book "Long-Distance Real Estate Investing" and his "BRRRR" book? Both focus on the importance of putting a great team together, whether you are investing where you live or out of state. He also mentions a lot of questions you should ask potential members of your team.

I can't remember them all, but you definitely want to have folks that regularly work with investors. We investors can be a pain to deal with sometimes, and it's very different working with us than people who are buying, financing, and making improvements on primary residences. Also, make sure you get lots of references and follow up with those references! 

If you hire someone and realize later that they are not a good fit for you and your strategy, do not hesitate to move on from them! Hire slowly and fire quickly!

Hopefully, that helps, and keep us updated on your journey. 

House hack. Easiest and lowest risk. Reduces rent, builds equity, gets you experience as a landlord and will know what to expect from a PM later on should you decide to go that route. 

@Antony Munoz

Start off with a house hack if you can get the financing and pull it off.

@Antony Munoz Hi Antony, I’m in Portland as well. I am an agent who focuses a lot on investors and especially first time investors- whether house hacking or buying flips and rentals.

I would suggest a house hack for your first one- primarily because you can get into way more house for way less money. With a non owner occupied rental property you are likely looking at 20-25% down payment.

I hope this helps get you started! Happy to talk more with you if you’d like.