NETWORK!!!

Networking with private lenders and purchased a book. :) 

Feel free to share more about the property—I’d love to see if it’s something I or someone in my network might be interested in! 

Here’s how I built my network, the challenges I faced, and why I believe relationships are a cornerstone of real estate success.Finding My Support SystemWhen I first started in real estate, I was young, fresh out of college, and had just become a mom.

After a couple of years of treading the path to frugality to build this financial runway, I've networked with the greatest people who made this all happen, of course, it took the strength, determination, time, etc to place myself where I am today but, without the mentorship of my two great mentors whom I wish used BiggerPockets so I can mention, I don't believe I would have made it thus far relying on some whimsical dream that this will all pan out accordingly, thank you for everything Greg and Lashawn.In addition, I would like to thank Bigger Pockets for connecting me with the greatest realtor @Stephen Schmitt Who took my dreams and aspirations to the core when we first connected and spoke about my future goals to replace my W2 job for financial freedom. within three months of me deciding to pull the trigger and get pre-approved, we found this killer cash-cow that apprised over purchase price!!! 

Luckily, Memphis has a strong network of real estate professionals who are used to working with out-of-state investors, so you'd have plenty of support.In terms of risk, I think buying in Memphis is a good way to manage that.

Do you focus on networking events, direct outreach, or something else?

@Paola AstridRecommend exploring as many sources as possible to get referrals AND cross-reference them to get as much accurate information as possible.Check out NARPM.com, BP’s Property Manager Finder (BiggerPockets: The Real Estate Investing Social Network), etc.Also, encourage you to learn from the mistakes of others - by reading posts here on BiggerPockets about owners not having their expectations met by their current Property Management Company.

Hi Jose, yes I specialize in STR/MTR management, and I have a vast network on military renters & I work with placement agents!

As an example, we joined an expensive, but exclusive private networking group 12 years ago.