All Forum Posts by: Kaylyn Schroka

Thank you for sharing! Hearing peoples stories I find very beneficial of the dos and don'ts of Real Estate. 

I am new to Real Estate, I have been watching YouTube Videos, reading BP forums and reading books on Real Estate. I am eager to start my Real Estate journey, but having trouble starting. 

I recently moved from Michigan to Colorado (staying for a few years). I was planning on getting started in investing in long-term rental properties, but, since moving to Colorado, I am slowly pivoting towards wholesaling properties. The reason is, I would be able to get my feet wet in Real Estate while living in Colorado, yet be able to wholesale properties in Michigan (I am more familiar with the market).

I would love to get any advice or hear anyone's story on how they got started in Long-Term Real Estate Investing or Wholesaling. Thanks!

What recommendations does anyone have on where to start/learn about real estate investments, specifically in single-family and multi-family rental homes?

I live in Michigan, and don't have any experience in real estate outside of currently renting a home for myself. Not sure if I should take classes, get a Real Estate License, get a realtor, etc. Would love to hear experiences or advice anyone may have.

Thank you Randy for taking your time and replying, this helps so much & it is very informative! 

I would like to invest in single family properties. I am from Michigan, but planning to move out of state. I would like to invest specifically in Michigan because I am familiar with the surrounding areas. If I invest in Michigan I would have to manage the property from out of state, yet worried about it being my first property that I will struggle not being close to it. Does anyone have any advice or recommendations on what I should do? Don't invest out of state for my first property? Learn the area I am moving to and then invest in that area? Get a property manager to manage the out of state property (worried about cost)? 

Thanks, 

Kaylyn