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All Forum Posts by: Cheryll Trower

Cheryll Trower has started 1 posts and replied 10 times.

Post: RE Investor Newbie

Cheryll TrowerPosted
  • Posts 10
  • Votes 6
Quote from @Mackaylee Beach:

This platform is an excellent starting point; it’s fantastic for networking and building connections. I also recommend exploring local Facebook groups and embracing continuous learning. The real estate landscape is always evolving. Staying informed about market trends and emerging technologies can give you a competitive edge. Attending industry seminars and webinars can also be invaluable, as they offer insights from seasoned professionals and provide opportunities to ask questions and engage in discussions.  Remember, persistence and adaptability are key to thriving in real estate. Happy networking!


 Hi, Mackaylee

Slowly diving into real estate is so out of my comfort zone, but my why is far too great to not to...I will definitely keep myself in the know for a competitive edge. Thank you much

Post: RE Investor Newbie

Cheryll TrowerPosted
  • Posts 10
  • Votes 6
Quote from @Denise Supplee:

Hello @Cheryll Trower, Welcome and I love your goal! This is a great place to learn and grow. I have been involved in real estate for well over 35 years. I am a licensed Realtor in PA with Long and Foster and now operate a coinvesting club for real estate investors. I have invested in, managed my own properties and managed for others throughout the years. Now, I invest in syndications with our real estate club. I got a bit burnt out dealing with some of the aggravations of managing property. Investing in real estate, to me, is such a great way to achieve a life like you want. I wish you the best and there are many resources and books out there as well. Not a bad idea to join some local real estate investor groups as well. 

Hi Denise
35 years is a long time. I can imagine the burn out. I would love to connect with you soon on any advice. I hope you enjoy your day.

Post: RE Investor Newbie

Cheryll TrowerPosted
  • Posts 10
  • Votes 6
Quote from @Cheryll Trower:
Quote from @Jacob Sloop:

Hey Cheryll,

Cant wait to connect !

Hello, Jacob
I will be reaching out soon....Thank you
Jacob,

I appreciate you taking the time to speak with me and giving me nuggets to live by in this real estate world. 

Post: Wholesaling Beginners Advice

Cheryll TrowerPosted
  • Posts 10
  • Votes 6
Quote from @Stephanie Flores:

Welcome to the community! I know what it's like to go down the rabbit hole as well. I had the same concept as you. Start as a wholesaler and work my way into investing on my first property.

You can definitely try to do things on your own ( find a crm, lead generation, marketing etc..) If you have resources then that would be the best way to do it since you will net more for each deal you get.

Or you can find a company that is hiring for acquisitions or disposition positions. You can find a ton on Indeed. Do some research and check them it out, this will expedite the process but the net return might be less since the company will most likely take a higher cut from the assignment fee. 

I found a small company and a mentor and I finally closed my first deal my first month with the company! Totally worth it.


Hope this helps! 

Any advice on a CRM and lead generation?

Post: RE Investor Newbie

Cheryll TrowerPosted
  • Posts 10
  • Votes 6
Quote from @Danny Cox:

Congrats on making the decision to dive in @Cheryll Trower! Rounding out your team is a good important step, making sure you have experienced advisors in the areas that are the most outside your wheelhouse - typically financing, tax strategy, and an investor-friendly agent that can help advise on regulations if you end up going the short-term rental route. You're making an exciting first step! 

Hi, Danny

That is what I am aiming to do. Thank you for the advice.


Post: RE Investor Newbie

Cheryll TrowerPosted
  • Posts 10
  • Votes 6
Quote from @Jacob Sloop:

Hey Cheryll,

Cant wait to connect !

Hello, Jacob
I will be reaching out soon....Thank you

Post: RE Investor Newbie

Cheryll TrowerPosted
  • Posts 10
  • Votes 6
Quote from @Drago Stanimirovic:

Welcome, Cheryll! You're in a great market, and it's smart that you're starting while still on a W2, that gives you strong financing options and flexibility as you learn. Replacing that W2 in 3–5 years is absolutely doable with the right strategy, especially if you focus on cash-flowing rentals or BRRRR deals to build equity and income.

Let me know if you need any help on your REI journey!


 Hi, Drago

I appreciate the feedback. I definitely thought about some rental but not too many, and also BRRRR. I am looking forward to this new journey...

Post: RE Investor Newbie

Cheryll TrowerPosted
  • Posts 10
  • Votes 6
Quote from @Melissa Justice:

@Cheryll Trower,

Hi Cheryll! Welcome to the community - you're in the perfect place to learn and build momentum. 

As you continue educating yourself, I’d recommend:

1. Pick a strategy early (long-term rentals, house hacking, or STRs work well for beginners).
2. Connect with local and virtual investors - your network will unlock deals and insights.
3. Start analyzing deals weekly, even if you’re not ready to buy yet - it sharpens your instincts.

Excited to see your journey unfold - let me know if you ever want to discuss goals, markets or deals side by side! Always here to help.

Best of luck,

Melissa

Hi, Melissa

I really appreciate your feedback and the information. I am currently doing exactly that. Again, Thank you.



Post: RE Investor Newbie

Cheryll TrowerPosted
  • Posts 10
  • Votes 6

Hi, Melissa

I really appreciate your feedback and the information. I am currently doing exactly that. Again, Thank you.

Post: RE Investor Newbie

Cheryll TrowerPosted
  • Posts 10
  • Votes 6

Hello, My name is Cheryll, and I am in the Hampton Roads Area in Virginia. I am new to Investing, and I am still working a W2. I am actively educating myself and learning more and more. My ultimate goal is to not be working a W2 in the next 3 to 5 years. I am looking forward to  networking, learning and growing.