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Updated about 9 years ago on . Most recent reply

User Stats

43
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13
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Eric Bate
  • Rental Property Investor
  • Waukesha, WI
13
Votes |
43
Posts

First-timer in Minneapolis

Eric Bate
  • Rental Property Investor
  • Waukesha, WI
Posted

I'm a 30-year-old violinist in Minneapolis, MN.  I've never owned real estate, and I've got some money squirreled away with which to get into the game.  Ideally, I'd like to own several rental properties that bring in a steady flow of income.  But that would be years down the line, I believe.  At the moment, I'm trying to learn as much as I can about real estate before buying my first property, likely a duplex that I'll live in and rent out at the same time.  At least, that's the plan.

I'm still quite green behind the ears, but I've got some time to learn as much as I can before making my first purchase.  My lease is up at the end of August, and I'd like to have a place of my own by then so that I don't have to pay rent ($1000/mo) ever again.

I came across Bigger Pockets several times while Googling for book suggestions on real estate.  I'm happy to have found such an active forum full of so many people on the same path as me.

~Eric

Most Popular Reply

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Brandon Turner
#3 Questions About BiggerPockets & Official Site Announcements Contributor
  • Investor
  • Maui, HI
3,946
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13,324
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Brandon Turner
#3 Questions About BiggerPockets & Official Site Announcements Contributor
  • Investor
  • Maui, HI
Replied

Hey @Eric Bate welcome to the site! Definitely start jumping into the community here! Be sure to read through The Ultimate Beginner's Guide to Real Estate Investing to help you get started.

Also - here's a couple articles you might enjoy:

The 21 Best Real Estate Investing Books Ever

How to Rent Your House: The Definitive Step by Step Guide

How to Be a Landlord: Ten Tips for Success

Finally -be sure to setup some keyword alerts - especially for "Minneapolis" so you can jump into local conversations.

See you around the forums!

  • Brandon Turner
  • Podcast Guest on Show #92
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