All Forum Posts by: Grace Wang

Check out ball point marketing. I've used them and have had some success. Keep in mind, you'll need to sort through lists and be strategic about who to mail to...otherwise you'll be pouring $$$$ down the drain

@Raj Ad Go to the "network" tab on BiggerPockets and click on "real estate agents". I'm willing to bet you can find some people in your area by doing that. hope this helps

@Corey Duran Welcome to BP! Glad to have you here. How is your journey to financial freedom going?

@Ryan Kelly all the agents on our team house hack AND work with clients. Many of us try for 1 house hack per year...and one year passes extremely quickly. If you set a goal of purchasing a house hack every year for 5 years, you'll have that many investments under your name. The more investments you acquire, the greater the ability to scale up and invest on a larger scale. You will hopefully be able to use the cashflow from each house to cover all living expenses while taking advantage of the commission checks you make as a Realtor and applying it to scaling up on the investments side. Being an investor and realtor is dangerously smart ;)

@Jennifer Inumerable Both strategies are great. I'd recommend chatting with other local investors about both strategies, and then picking one and running with it. 

And in response to your comment about your goal of passive income: The key is a solid property management company! A professional, experienced, and well-managed PM company will make or break your experience. Once you get the contact info of a few PM companies, interview them and get a good gauge on what each is like. Get your team in order and your goal of passive income will come into fruition :)

@Kevin Paynter welcome back to Colorado!

I would agree with what Kayla said! Additionally, start connecting with others in the area by attending Real Estate meetups. I know of quite a few in the Denver metro area, but would recommend looking on the “Networks” tab of BP to see which Meetups are near you.

When you attend these, ask questions, be a sponge, and don’t be afraid to say “hi” to anyone you haven’t met. Hope you see you around!

Typically you need to stay for 12 months. I would ask your lender, but as far as I understand you can purchase another property at the 10 month mark with a 2 months grace period, but can't move into the new place until after the one year period. There are also exceptions to the rule due to "change in life events". For example if you got a new job in the next state over and you wanted to move and purchase a new place before the 1 year period is over, you'd likely have no issue with this. Please verify with your bank or lender though, as they'll give you the most accurate information. 

Hi @Cristina Martinez! I would check out the Meetup site and see if there are any real estate investing-related events. Another good place to find meetups is on the Networks tab of BP. Hover your mouse over "Network" and click on "Events". 

Meetup events are some of my favorite places to meet other like-minded folks. hope this helps!

@Bryan Adams Have you thought about Airbnb arbitrage? This could help you gain experience and funds. Or, you could purchase an appropriate house hack that has a good airbnb set up? 

@Mustafa Abdulhusin Hi! I agree with what Brandon said. You should consider house hacking. This will not only increase your rent savings and hopefully allow you to live for free, but will also help you build equity, give hands-on landlord/property management experience, and get you started on your first deal. From there your confidence and knowledge will grow until you forget what it was like to live like a non-househacker haha. hope this helps!