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.
New Member Introductions
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 almost 8 years ago on . Most recent reply

User Stats

6
Posts
3
Votes
John Jensen
  • Seattle, WA
3
Votes |
6
Posts

Newbie from Minneapolis, Minnesota

John Jensen
  • Seattle, WA
Posted

Hey BP community,

I'm John and I've recently moved to south Minneapolis and am looking to get started with REI. I've been listening to the BP podcast for a while now and can't wait to get started investing. My goals are long term buy and hold cash flow properties, preferably small multifamily or a live in flip starting out.

I'm thinking about looking for a partner to invest with starting out, someone who has experience with the BRRR method. Is this a good way to start?

Any suggestions on finding a partner to invest with? 

Most Popular Reply

User Stats

184
Posts
122
Votes
Dan Vleck
  • Deerwood, MN
122
Votes |
184
Posts
Dan Vleck
  • Deerwood, MN
Replied

I suggest you buy a house that needs some work and you can add value to over time as you live there. Then get a roommate to cover payments while you save money and/ or pay down debts.  As Dave Ramsey often says - the only boat that doesn't float is a partnership.   I don't do partners.

Good luck

Loading replies...