All Forum Posts by: Michelle Bateman

Biggest waste of money new investors make is NOT BUYING THE PROPERTY! Rip the bandaid off, do your due diligence, and purchase the dang thing!! The longer someone waits, the longer someone will wait. Opportunity cost of waiting is the real killer. 

The 1% rule is not dead, we see those all of the time in the Kansas City metro area and know of other markets that also see the 1% rule! Reach out if you're interested in more info!

Get connected with a local RE meet up group, find an investor friendly agent in some ou to state regions that have a lower barrier to entry when compared to LA! 

I have never been, but I have heard great things about Grant Cardone's conferences.. although I would imagine they would be pretty "salesy"

Do you have an investor friendly real estate agent you're working with? They should have a great pulse on the market and understand price to rent ratios and what is standard specific to your region. 

Are you working with an investor friendly real estate agent yet? I would start there and they should be able to get you connected with those types of resources. 

If you have a license there's no need of an internship, I am sure you could join a team and/or a brokerage that has a really good onboarding and educational program. 

A lot of the pros and cons will be region specific! FHA has a lot of pros however, if your market isn't accepting FHA buyers at this time then that would likely not be a great option! I would reach out to an investor friendly real estate agent in your region and take it from there.

Get connected with a great investor friendly real estate agent! I actually just interviewed an agent on my podcast in San Antonio who focuses primarily on helping investors get into the STR market! If you're interested reach out and I'll get you connected!

Congrats on starting your journey!! Most important is to make sure you find an exceptional investor friendly real estate agent who has a pulse on the market and access to both on market AND off market properties. In my experience, this will be your greatest team asset!