All Forum Posts by: Chrissy Nelson

Hello! I am also new to investing out of state! My husband and I got a HELOC on our house here in San Jose and have been investing out of state. The hardest thing is the first property!! Then after that it gets easier. Here are some newbie tips from a newbie! ;) Tips.....
-Get a great mentor 
-read a lot / listen to podcasts 
-do research on different areas 
-call around and talk to different real estate agents and property management companies in different areas to get some more info 
-assemble a great team! (For an out of state investor like me this includes - real estate agent, lender, and property management company.) 
-make sure you have your numbers down (when evaluating cash flow and be super conservative) 
-nail down location and figure out if you want to do buy and hold/ flip / etc. multi family vs single family etc Good luck!!! :)

I use @James Marshall He’s an investor himself and he’s the best real estate agent I’ve ever worked with! He’s super friendly and knowledgeable! He’s found me some wonderful properties! Good luck!

Hello! I’m a super newbie myself, but here are some things that helped me! -Get a great mentor -read a lot / listen to podcasts -do research on different areas -call around and talk to different real estate agents and property management companies in different areas to get some more info -assemble a great team! (For an out of state investor like me this includes - real estate agent, lender, and property management company.) -make sure you have your numbers down (when evaluating cash flow and be super conservative) -nail down location and figure out if you want to do buy and hold/ flip / etc. multi family vs single family etc Good luck!!! :)

@Roop Dhillon I just sent you a message! :)

Hello! A great real estate agent (and investor himself) is @James Marshall in Grand Rapids. Good luck! :)

I would look into a Heloc as others have said. My husband and I just pulled out money from our Heloc and bought 2 rental properties out of state that are cash flowing very well! Good luck! So much info out there, so easy to get stuck sometimes!

Hello! I’m a new investor from CA in Grand Rapids. My realtor is fantastic! His name is @James Marshall. He is an investor himself and know the areas super well! Good luck! He just helped me acquire a duplex and a quad!