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All Forum Posts by: Kristin Szalajko

Kristin Szalajko has started 1 posts and replied 7 times.

Post: Business Plan Outline

Kristin SzalajkoPosted
  • Professional
  • Windermere, FL
  • Posts 7
  • Votes 3

I just started working on my business plan this week and was going to post it on here to get some feedback.  I then found this article and already see some work I need to do to it.  Thanks! 

Post: Hello - How Do You Pick Your Strategy?

Kristin SzalajkoPosted
  • Professional
  • Windermere, FL
  • Posts 7
  • Votes 3

@Shari Peterson You have great timing.  I just listened to the wholesaling podcast yesterday. I hadn't considered what you shared in deciding what path to use while wholesaling.  I can see where determining what you end profit will be can help determine which to use - double closing v. assigning. The more I learn about wholesaling, the less I think it is fit for my personality.  But...I could be wrong. 

Post: Hello - How Do You Pick Your Strategy?

Kristin SzalajkoPosted
  • Professional
  • Windermere, FL
  • Posts 7
  • Votes 3

@Andrew Johnson @Mihir Bhimaraju You both ask very good questions that I think will help me narrow down what my goals are and what niche will fit with my personality.  Thank you both for the advice. 

Post: Hello - How Do You Pick Your Strategy?

Kristin SzalajkoPosted
  • Professional
  • Windermere, FL
  • Posts 7
  • Votes 3

@Omari Bookal It sounds like I'm in a similar situation to you when you started. Can you go into a little more detail on how you did your wholesales?  Were you assigning contracts or doing a double close? 

Post: Hello - How Do You Pick Your Strategy?

Kristin SzalajkoPosted
  • Professional
  • Windermere, FL
  • Posts 7
  • Votes 3

@Rob Drum I think that is excellent advice! 

Post: Hello - How Do You Pick Your Strategy?

Kristin SzalajkoPosted
  • Professional
  • Windermere, FL
  • Posts 7
  • Votes 3

@Bryan Pham Thank you for the advice of focusing on what my goals are and taking it from there.  I have broad goals but will work to redefine and clarify them to make picking my strategy much easier. I will also start looking for good local groups to help me understand the market and potentially find a mentor. Thanks again! 

Post: Hello - How Do You Pick Your Strategy?

Kristin SzalajkoPosted
  • Professional
  • Windermere, FL
  • Posts 7
  • Votes 3

Here goes my first post. ;)  

I'm your classic newbie learning the ropes and trying to figure out how to tackle this real estate investing thing. I'm hoping to eventually quit my full-time job and be able to focus on building immediate and long-term cash flow.  There are so many investing strategies I could use: wholesaling, flipping, buy and hold, multi-family, foreclosures, short sales, crash pads, trailer homes, etc., etc.  So how do I pick? I'm wondering if it's best to try a little bit of everything until I figure out what I like or if it's dangerous to have too many strategies. I can anticipate pros and cons to both ways of thinking. Is it dependent on where my market is?  or will each strategy work anywhere? Does anyone have any advice? 

Thank you in advance and I'm excited to join such a great network of people!