All Forum Posts by: Michelle Bateman

I would recommend discussing those things up front, prior to any arrangment/partnership! But at this point just have a discussion with your partner and gauge their comfort level vs what your expectations are. 

Have you connected with an investor friendly real estate agent in the area? They will likely have good insight into this! LMK if you need a contact.

I would pay the consulting fee for an attorney AND a CPA - worth the $700 to make sure you're setting yourself up for success and protecting your assets! 

I don't recommend starting out that route unless you are experienced and/or have a lot of capital reserves. I recommend house hacking, putting down 3.5% and then focusing on completing a BRRRR! What market are you targeting, that will also depend on my recommendation for strategy!

Keep educating yourself, shadow/intern with a local investing company, analyze deals daily, connect with whole sales and great local investor friendly real estate agents! and narrow down your target market!

I have a great connection for you in Salem, NC! This is a killer city that is untapped with low barrier to entry! Reach out if you want to discuss, I can get you connected with a great local investor friendly agent!

Hey there! I am an investor friendly real estate agent and I have several flip clients who do this.. it's called "white-boxing" the property. They usually buy in cash/hard money since the property won't go conventional, white-box it and let an investor come in with conventional financing and finish it off to usually complete a "brrrrr"

Not a newb, but an investor friendly real estate agent in the KC metro area that works with newbs! My biggest recommendation is don't let the fear of striking out keep you from playing the game!! The biggest "losses" I see new investors making is not investing at all. There are MANY different variables that go into a deal analysis and all of those should be considerded! 

I would recommend consulting an attorney to get this set up for you, especially if you will involve family! 

Hey, Nathan! A few questions - what state are you wanting to invest in? Or, is that the broader question for you? I think target area will also depend on your investment goals/strategies. What is more important to you, cash flow, equity, appreciation? That will determine what regions you invest in! Reach out if you want to chat more!