All Forum Posts by: Tyler Baker

Hi @Zane K., glad to hear you're getting into real estate!

It's really hard for new investors to buy good rental properties and oversee them well even when you live nearby and know the area well. It gets infinitely harder when you invest out of state as a novice investor.

I got rid of all my rental properties when I moved away from my hometown. It was just too much work for not enough money.

Today I invest passively in group investments (real estate syndications) and notes. I go in on these with an entire investment club of other sharp investors, and we vet the deals together and invest with $5K instead of the typical $50-100K. I earn much higher returns than I ever did as a rental investor, with almost no work required on my part.

But I would certainly never discourage anyone from investing in rentals if they are truly passionate about building a side hustle business. Just go in knowing that that's what it will be.