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Updated almost 7 years ago, 02/07/2018
Hello Bigger Pockets community
Hello Everyone,
My name is Jesse I am from So Cal and have been watching/following BP for a while. My brother and I are saving money at the moment so we can start investing. We plan to invest in Las Vegas because we have family in the area and it's not too far from us. We would like to buy a low end home through a wholesaler, put some elbow grease into it and rent it out. Anything we can not do we will get a contractor to do. We are new to Real Estate but always willing to work and learn. At the moment we don't know any Wholesalers and what is a good ball park price to save for our first buy.
Thank you all for all your input and knowledge ahead of time
Jesse Sedeno
- Real Estate Broker
- 1658 N. Milwaukee Ave Ste B PMP 18969 Chicago, IL 60647
- 5,030
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- 5,985
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@Jesse Sedeno welcome to BP! I would recommend buying a better quality home to put elbow grease into when the time comes. You will find that the better areas often times end up being more lucrative. Keep us updated on your journey!
Hello,
My name is Mariusz. I am from Boston. I am also new to investing into rentals. I have saved money but I am afraid it is not enough to buy property that is not fixer upper and I am looking for connecting with someone to make the first purchase together by cobining resources. Would you be interested? The partnership may be legally established and the time limit also. This would diminish any risks involved in spending the funds.
Please let me know.
Sincerely,
Mariusz
Thank you for the input John Warren. I will let you know and put pics of what we decide to get when we finally purchase one.
Mariusz Bojarczuk,
At the moment my brother is my partner and again we are New. I want to get some experience first before we use other people's hard earn money. I thank you for the offer and I know if you put it out in the Forums that you are looking for a partner, you will find one
- Residential Real Estate Investor
- Kansas City, MO
- 4,832
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Welcome aboard Jesse and best of luck investing!
Originally posted by @Jesse Sedeno:
Mariusz Bojarczuk,
At the moment my brother is my partner and again we are New. I want to get some experience first before we use other people's hard earn money. I thank you for the offer and I know if you put it out in the Forums that you are looking for a partner, you will find one
Thank you Jesse and good luck! Your response is much appreciated.
Mariusz
Hi @Jesse Sedeno...welcome to BP and the investing game! I'm a Vegas native and invest in both Vegas and San Diego county. I would be happy to point you in the right direction here in our very competitive market. ROI for rentals in not as high here as what you can find in other markets but that doesn't mean that you cant make a working model here where you already might have boots on the ground. Reach out me at my contact information below and lets get you pointed in the right direction. Look forward to talking with you soon!
Thank you Jon
I sent you an email