All Forum Posts by: Michelle Bateman

I feel like I always say this but I feel confident that you should identify 2 to 3 different markets, find an investor friendly agent in each of those markets and do your research, join investment groups in those markets, and then begin to narrow down which market is going to be best for your investment strategy. 

It also sounds like you're not sure on your investment strategy, so during the above process, take detailed notes on what investors are doing to find success in those specific markets and use that to help guide your investment strategy. 

 Hey, Nikita! 100k is a healthy budget to work with, specially if you are open to out of state investing. I recommend checking out David Greene's "long distance real estate investing" book and then finding an investor friendly real estate agent in a few markets that interest you. If you need assistance with identifying some prospective markets let me know and I am happy to discuss that with you!

 I am very sorry for your loss. I would recommend looking at different markets to invest in, even out of state, as long as you get connected with an investor friendly real estate agent that has the right team in place and can provide resources and guidance, your money will go farther in a different market. Please reach out if you want more information, I am an investor friendly real estate agent in the Kansas City area and can offer great insight into this area. I also have a great network of investor friendly real estate agents across the nation. Happy to help in whatever capacity  needed. 

 I recommend reading David Green's book "long distance real estate investing" - this is going to be a great resource for you! After you read that, it will be CRITICAL for you to find an investor friendly real estate agent, they will have the team and resources for you to find success. I am an investor friendly agent in the Kansas City metro area and believe this could be a great market for you however, there are several other markets where 40k can get you what you need (think Cleveland). 

I also have a podcast that highlights investor friendly real estate agents cross the united states, it provides market updates and discusses realistic investment strategies in each of those markets. Check it out if you feel inclined and reach out if you want additional information - happy to help in whatever capacity needed. 

Michelle 

That's a lot of reasons!! Guess I'm inclined to check it out now!

Congrats on wanting to jump into the investment world, it will pay off if you stay committed and show adaptability and flexibility! 

First things first - get in touch with an investor friendly real estate agent and they should help you go from there!

@Eduardo Gonzalez First, partner with a great property manager (unless you want that headache) AND find a great investor friendly real estate agent in your area. Those two are a must. You don't need 20% down depending on the loan type you use, so, also finding a great lender on your team will help immensely. You can usually put down as little as 5-10% with a conventional loan if you are owner-occupying (depending on your credit score and misc items). 

Actions steps: 

1. Find great investor friendly real estate agent (reach out if you need a few recommendations)

2. Find a great property management company - your investor friendly agent can help with this

3. Partner with a great lender - your investor friendly agent should be able to also help you out with this! 

 Find yourself a good investor friendly agent and you will be fine! 

First things first, find yourself an investor friendly real estate agent for your team!! They will have a pulse on the market and know which regions will best fit your investment goals! 

Feel free to check out my podcast, I highlight investor friendly agents across the nation! It's a great resource. :) 

I'm your gal! I'll DM you.