All Forum Posts by: Chris Serger

I'm curious to hear from people who used a property manager on their first deal. I'm new to RE, have a 50 hour/week job where I travel, so being an active landlord isn't something I think I can do--for now.

Are there others here who, from the start, used property managers and simply use RE as a true investment (i.e. you've always just written checks and don't swing hammers)? If so, what advice can you give a newbie like myself?

I just ordered mine today and am also curious about people's thoughts on it and GC in general. Not so much his crowdfunding plays, but his overall philosophy of go big/don't do deals less than 32 units. Has anyone started out and done a 32+ unit as their first deal? It's intriguing, but seems like that would be an outlier based on the books I'm reading and following BP forums.

About 15 days ago I came across an article by Keith Weinhold about how the equity in your home can jump-start real estate investing. That lead to lots of podcasts, and, it seems, all roads lead to "Rich Dad, Poor Dad" and BiggerPockets. I'm learning a lot from this from this site, the eBooks, and podcasts and I hope to have at least a first deal done this year.

I'm curious, for your first deal, did you get pre-approved? And, if so, did you go to multiple banks? Did you have better luck with your big bank or a local bank/credit union?