All Forum Posts by: Logan Laperriere

Hey Garrett, 

Congrats on starting your real estate investing journey! Like @Jake Andronico said house hacking is a fantastic way to start off real estate investing. $20K is a decent amount to put down on a home. Look into first time home buyer programs in your area. You may be able to qualify for a down payment assistance program.

 Hi Ertha, 

Have you spoken with an agent in Toledo? if not there are some great investor friendly agents on the Forum. For my investor clients we have several way of sourcing off market properties. Zillow is a good source for on market properties and FSBO's. Agents have access to the MLS which has a greater number of listings and more in depth property information. They will also be able to run comps for you, and have access recent sales data. As and out of state investor it is always smart to build a local team you can trust. Good luck on your investing journey! If you ever have any questions about investing feel free to reach out. I am always happy to talk with other investors.

Hey Lord, 

Congrats on your first acquisition of 2024! My wife is from Muskegon it is a beautiful area. I see that you are in Grand Rapids,  I am as well. If you would ever like to get together and chat about investing let me know. It is always nice to connect with fellow investors in the area.

Logan

I am an investor and Realtor in Michigan as well. Welcome to the forum!

Well said! The BRRRR strategy is a fantastic tool for real estate investors.

Hey Dylan,

I recommend working over the summer, or getting a side hustle while you are in school. Save up as much money as you can over the next year or two. Then start with a strategy like house hacking. Having a few of your friends as roommates helping to pay down your mortgage every month is a win win. If you purchase a home in your college town you can keep it as a rental after you graduate. Or you can sell the property and use the proceeds to invest in more real estate. Read as much as you can and see if there are any local investor meet ups in your area. You will make some great connections there and may be able to find a job or business partner. 

I am always happy to help aspiring investors. If you ever have a question or would like to chat feel free to reach out. 

Logan

If you sell would you make a greater rate of return on another property?

Have you considered keeping the property and taking out a HELOC to purchase another property? This may be your best option if you are looking to build your portfolio.

Hi Miles,

I am a real estate agent and investor here in Grand Rapids. I would be happy to chat sometime about potential ways of getting started. Have you considered house hacking as a way to start off investing?

Welcome to the forum. The Agent Finder tool at the top of the page is a great way to find a local Milwaukee agent. 

This is a great idea!