New Pro Member in Minnesota

[Adam Weisenburger]

Hello All,

This is my first post in the forum. Just became a Pro member and I'm looking to connect with other investors in the Twin Cities area.

Just started my business in January and I'm looking to land my first deal. Open to hearing tips and tricks that you think would be helpful for a total noob.

Thanks,

Adam

[Noah Chappell]

@Adam Weisenburger hey & welcome. Meetup.com is where you can find multiple great RE investor meetups, several awesome ones, very positive, proactive & supportive community. In terms of BRRRR, Twin Cities is a red hot market & exceedingly difficult to find a BRRRR deal, & I'd say even more so on the MLS. However, I'd be the last to say it's impossible. I would get your criteria including ARV for different neighborhoods & max allowable offer down with precision, then set up searches on the major MLS sites, including a search you've set up with a realtor, & get your pre qual letter ready to make an offer the minute something comes on. You likely won't do a perfect BRRRR the first time, but should have enough cash cushion to leave something in the deal. This is the fun of it, in time you'll ease your way toward that perfect BRRRR & eventually get there, while building wealth all the while.