All Forum Posts by: Michelle Tanguay McIntosh

 Hi Michelle,

Welcome to the BP fourm,

I recommend that you start attending local meet ups and network with local investors. They will be knowledgeable about the local areas and you can ask with investment strategies are working for them. If you are interested in investing out of state I would recommend that you do your research on the area, and build your team prior to purchasing your first property. Do you currently own a home? House Hacking is a strategy that you may want to consider. I invest in Michigan, we still have many areas with both positive cash flow and appreciation. If you would ever like to talk about different markets in Michigan I would be happy to chat. 

@Michelle Tanguay McIntosh which of the many materials offered on this site have you read so far?

Hey Nikki! Welcome to BiggerPockets and thanks for joining!

Here are some tips for networking and making the most of your account.

1) I'd fill out your profile fully before you do anything else! As that will at least help folks that you reach out to know that you are a real person, with a picture and professional bio. Particularly be sure to include your goals for real estate investing so that folks can help you.

2) Follow your favorite forum topics and set up keyword alerts! Adding keywords related to your investment strategy or market locations can be updated in your settings. You’ll receive notifications when there is conversation in the forums you follow or if a user mentions those keywords—so keep them updated often!

3) Check out some of the local meetups that you can find in this forum! There are so many so be sure to filter by your location.

4) Review Dave Meyer’s The State of Real Estate Investing Report 2024 (in your resource page as a member of BiggerPockets!) for real estate investors available to all BiggerPockets members!

5) Consider meeting with a few agents in your area even if you are just getting started! An investor friendly agent can do all sorts of helpful things, like setting you up with a search for properties or connecting you with folks who have recently done deals like the ones you want to do.

6) Consider analyzing a deal or two in your local market, just for practice, with a free use of our Rental Property Calculator (or other calculators).

Hope this helps! Please reach out with any questions you may have!

Hi Nikki, 
First, you need to identify the market where you plan to invest. Determine if you're looking for local or out-of-state investments. Second, conduct thorough research and connect with investors in your chosen market. This will provide you valuable insights into what the market offers. Also you need to need to know your strategy: BRRRR or turnkey rentals?

If you are looking to invest out-of-state, I recommend you read this article on OOS investing. It explains the importance of creating your core four. You will need to get a local, rockstar Realtor, contractor, lender, and property manager.

https://www.biggerpockets.com/blog/core-four-real-estate-team

I invest locally in Columbus Ohio. I can send you a list of contacts in Ohio to help you build your team, property manager. Let me know how I can help!

Hey Nikki! Take advantage of all the free resources online. Start looking at properties and running the numbers. Go to local real estate meetups and learn from the real estate investors in your market. Finance cowboy has some great resources online as well. Bigger pockets has a great podcast too!