All Forum Posts by: Michelle Bateman

Get connected with local real estate investors in your area! Usually the path of least resistance is to house hack a property, live for "free" and save up enough money to press full steam ahead!

House hack it!! Lease out any space rooms you have - if you have the ability to do a STR in those rooms that would also be a great option!

You don't have to start local to get a great start! Many investors elect to invest out of state because their money can go a lot farther! Most cities in the midwest are going to have good returns and low barrier to entry. I am an investor friendly real estate agent in the KC metro area so I can answer any questions you have about this market and/or connect you to other investor friendly real estate agents across the nation. 

First question - are you connected with an investor friendly real estate agent? They should be able to help you with both on and OFF market opportunities. 

In my experience, most investors are not landing "killer" deals right now but they know the market isn't going to slow down anytime soon, and when the interest rates cool down it will be even more competitive of a market. So you may have to consider sacrificing in one of your buy boxes! 

What markets are you looking to buy in? Kansas City is really strong and I can connect you with investor friendly agents in other markets as well! Happy to help in whatever capacity needed.

Find yourself a great investor friendly real estate agent! Please reach out if need some assistance getting connected - I have a connection in the area. 

Not a dumb question - it sounds like he has already used his heloc and is wanting to sell to pay it off, but I could be misinterpreting that! 

The seller would have to own the property outright to due a true seller-finance, otherwise it's almost like a subto. 

I am unfamiliar with the area, but am definitely familiar with planning/zoning/ordinances in general and that is the first thing I would recommend doing is checking with the "higher ups" and ensuring your plan is feasible! 

Congrats on this first step! I'm not sure there is a one-stop shop for this type of resource however, I would recommend looking specifically at larger cities in the midwest, they will have the "best" rent to price ratios! It will also likely depend on your risk level for class of property, the lower the class of property the "better" the rent to price ratio will be. 

DM me if you want to chat more about this topic! I am an investor friendly real estate agent in KC and we have a great market for this type of strategy.

Welcome to the BP community and I applaud you taking this first step! I am in the KC metro area and my portfolio is here however, I can likely get you connected with some great resources in the chicago area! DM me if interested! 

Hey, @Erika Scheuch - congrats on taking this first step! I have a great network in the area and can help get you connected to the right people! Just send me DM if you're interested!