All Forum Posts by: Kristina Kyle

@Michael K Gallagher I don't personally have a ton of knowledge on that, but it's something I'm super curious about too and will definitely be doing some more digging into that! Thanks!

@Travis Biziorek Thank you!

Hey everyone! New here :)

As the Marketing Coordinator at Rental Property Owners Association (RPOA) of Kent County (Grand Rapids, Michigan), I like staying tuned into discussions about the trends shaping the real estate investing industry. It's interesting to see how the market evolves and what factors cause those changes, and there's so much real-world perspective I can gain from this community.

I wanted to kick off a conversation about the latest trends you've been noticing. Are there any strategies, niches, or market shifts that have caught your attention recently? Whether it's the rise of a new investment model, the impact of technology (AI is on everyone's mind now, right?), or changes in buyer behavior – let me know!

Personally, I've been intrigued by the Airbnb/short-term rental 'downfall'. What are your thoughts on this, and do you see similar trends in your local markets? A good chunk of our membership is solely focused on this niche so any info I can glean and bring back to the table is super helpful.

I'm also curious about how investors are navigating this high-interest, low supply market.

Feel free to share your insights, predictions, or even any cautionary tales, etc.

Thanks in advance! I'm looking forward to hearing your perspectives!

Hi Miles!

Networking is super important. Connect with seasoned investors...hit up local meetups and larger networking events like workshops and conferences. You'll learn more over a cup of coffee with a pro than you will from a dozen textbooks.

Save. Have a financial cushion because unexpected things pop. It's not just about buying; it's about holding and maintaining. Be prepared for the rollercoaster.

Learn to love research. Understand the neighborhoods, market trends, and the quirks of local real estate. The more you know, the better your decisions.

Lastly, be patient and stay curious. Markets change, strategies evolve, and you'll adapt. Stay hungry for knowledge and flexible in your approach.

Good luck! :)

Hey!

First off, kudos on the extensive research and prep you've done over the past few months! It definitely seems like you've built a solid foundation.

Transitioning from the learning phase to taking that first step can be a bit nerve-wracking, but as you mentioned, sometimes the best way to learn is by doing.

Have you ever thought about attending conferences or larger networking events? I think they offer a good mix of educational information but also the some of the best opportunities to connect with other investors—hear their stories...successes, failures, etc. and learn about real-world deals they've actually done themselves.

Continue to be curious, talk to as many people as you can about what you've been doing, what you'd like to do, problems you're stuck on, deals you're considering jumping into...the more information you have, the better.

I've found that most people are more than happy to help you out on your journey by answering questions, sharing strategies that work for them, and sharing mistakes they've made to help you avoid making the same ones yourself.

And there's ALWAYS something new that can be learned in this industry. At REI conferences that I've attended, even investors with 20+ years of experience learn something new and get inspired by the energy of the event and connections they make there.

Wishing you success on your journey!

Best,

Kristina