All Forum Posts by: Bryan Balducki

@Noel Miles welcome Noel! This is a great place to connect and meet RE professionals. I am an agent in Denver and have been investing in long term and short term rentals since 2015. Glad to hear you are doing well in Seattle!

@Cameron McNulty ohh okay that makes sense. Syndicating would be pooling money and skills together from investors and being the sponsor on a deal. So managing the deal and the money/skills. Or you could be an investor in a syndication deal to get your feet wet.

Have you thought about house hacking or short term rental? You can outsource the property management if that isn’t what you’re into.

@Cameron McNulty I would say you are on the right track when it comes to acquisitions, as many investing teams need that role. You could look at wholeselling or syndications. You could also become a silent equity partner with investors if you have the cash on hand. There are definitely many options other than the ones I mentioned, but figured I’d brainstorm a few for you. Hope this helps.

Why are you leaning away from home ownership? I got into investing through house hacking and I definitely recommend it!

@Nathaniel Williams it is not a bad idea to get the conversation going and find the person you will use, though I believe you can wait to use that CPA until you land your first rental property. It’s better to be prepared, though paying a CPA might be counter productive in your current situation.

@Paul Knetter definitely, it is a good thing to do your due diligence and ask about anything odd you see when screening a tenant. If they are not willing to answer about it, then they are probably not the right tenant.

@Decorian McManus of course! Your decision will be life changing. Talk to you soon

@Decorian McManus I think if the deal is worth it, you should find a way to get out of your lease because it will pay off long term, and this can be potentially negotiated with your landlord. Congrats on wanting to get started and I think that is a great decision! I do have a connection that could help you in the Houston area so feel free to reach out with a message if you would like me to connect you!

@Theo Georgelos I am an investor friendly realtor in the Denver metro area with investments in Lakewood, downtown Denver, and N Denver. Would love to connect! I’ve been making deals work by buying properties with 4-5 bedrooms and house hacking by the bedroom or using short term renting in N Denver. I host a great meetup at Joyride Brewery Sloans Lake and the next one is this upcoming week on Nov 17th from 6-9. We talk real estate investing and it has been a great way to connect with like minded investors.

Here is the link below if interested, would love to meet you in person!

Join me at The Sloan's Lake House Hacking Meetup https://meetu.ps/e/KtKly/PFlmT/i

@Andrea Parks getting your real estate license can help in many ways.

1. You can represent yourself on your own deals and use your commission to help with down payments

2. You will connect with more like minded investors and agents in the industry

3. You have easier access to listings and can easily reach out to listing agents

4. You can help others get into investments to reach financial independence.

A downside I can think of would be less time to focus on your own investments your W2 since you are now helping clients but I think it is worth it if you are even buying one property a year. Hope this helps!

@Neel P. of course and that is definitely a good idea! Hope all goes well!