All Forum Posts by: Michael Jetzer

@Nathan A. It looks like I was looking in the wrong area for finding the large projects / companies for software development. That's a good idea with the gigs, as that would help get a foot in the industry. I'm just horrible with networking 🤣

Is programming useful or widely used alongside real estate investors?

For a couple years I've been developing scripts, small apps, dynamic API connected spreadsheets, and most recently creating a full stack web app. I've always thought about breaking into the real estate field in terms of helping investers automate tasks, or create software that can solve general problems investors face when managing properties.

However when I look, there aren't really any real estate companies that look to hire programmers or seem to have a need for them. My thoughts from an outsider looking in is the tools are either outsourced to web/software development businesses, or there isn't a need to begin with.

What are your guy's thoughts, or better yet, experiences with the techy side of the business?

I just want to start and say I'm really new to investing so please forgive me sounding dumb, but how did you calculate your ARV? Do you plan to raise raise the rent or find other ways to increase income? Or plan to sell at a lower CAP rate?

@Adrian Fajardo That is a very good point, once I started with where I would like to finish I am able to get a general idea of how to make it work realistically. And seeing that my wife and I will be in our 30's by the time that comes there is still much room for expanding aswell as improvement. For the moment though I'm more concerned with the next couple years.. Even making the first leap haha. Thank you for the support, I definitely hope we can get to where we want to be some day, just have to put the work into it. I wish you the best of luck in facing your challenges!

Hello everyone! My name is Michael Jetzer and I am currently studying to get into buy and hold investing in my area (Fond du Lac, and surrounding cities). A little bit about me, I am 21 years old living in Fdl with my wife and 7 month old son in our comfortable 2 bedroom apartment. For the past couple years I've been in the CNC & conventional Machining trade and I plan to continue to stay in this field as I do like the work and pay.. Kind of a win win. Back to before, when I say I'm studying I don't necessarily mean schooling, but more so reading and listening to the BiggerPockets real estate podcast, aswell as googling questions I have about the many different aspects of REI. I do have a rather open-ended but feasible plan for the next 13 years that will bring my family and I to the ultimate goal of financial freedom through straight buy and hold investing. I would like to start off with house hacking with a duplex, and then purchase a couple more down the road until I can get into apartments. I have it mostly broken down in yearly segments and a lot of the variables are fixed into more strict than generous estimates to allow more underestimating than overestimating. There is a bit more to my plan but that's the gist of where I would like to head. Feel free to ask me any questions as I'm sure I'll be asking plenty throughout the forums. Thanks for reading this lengthy post, see you guys around!