Skip to content
×
Try PRO Free Today!
BiggerPockets Pro offers you a comprehensive suite of tools and resources
Market and Deal Finder Tools
Deal Analysis Calculators
Property Management Software
Exclusive discounts to Home Depot, RentRedi, and more
$0
7 days free
$828/yr or $69/mo when billed monthly.
$390/yr or $32.5/mo when billed annually.
7 days free. Cancel anytime.
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
Starting Out
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated over 1 year ago on . Most recent reply

User Stats

3
Posts
1
Votes
Massimo Wongbi
1
Votes |
3
Posts

Starting out in the Twin Cities

Massimo Wongbi
Posted

Hello All,

I am new to real estate investing & learning as much as I can. I do have some money saved up and not sure if proceeding with auctions or distressed properties is a good way to begin. Any advice or recommendations will be highly appreciated. 

Thanks.

Most Popular Reply

User Stats

108
Posts
52
Votes
Michelle Bateman
  • Realtor
  • Kansas City, MO
52
Votes |
108
Posts
Michelle Bateman
  • Realtor
  • Kansas City, MO
Replied

I don't recommend starting out that route unless you are experienced and/or have a lot of capital reserves. I recommend house hacking, putting down 3.5% and then focusing on completing a BRRRR! What market are you targeting, that will also depend on my recommendation for strategy!

  • Michelle Bateman
  • [email protected]
  • Loading replies...