Newbie in Twin Cities

[Tim Joyce]

Hi BP, I’m a newly minted attorney working at a smaller firm in Northeast Minneapolis. Looking to deploy some of that work-life balance time to side hustle a REI hobby. Interested in thoughts about best practices to dip my tie in the water. What neighborhoods and/or burbs do you like and why? There any reason I’d want to start with wholesale before getting into buy and hold? Favorite local groups to connect with other REI hustlers? Ways to start funding the numbers that would help me practice crunching them to analyze a potential deal? (For instance, I only know about Zillow and the like for estimating rentals and ARV) Looking forward to tapping into and interacting with this community! Tim

[Tim Joyce]

@John Woodrich Yeah, I can get on board with that. I would honestly prefer to focus on NE, even if the CoC numbers aren't the sexiest, because it's close to my current home, my future upgrade home, my office, and tons of stuff I just like doing.

@Jordan Moorhead was super generous with a few hours of his time yesterday and I feel somewhat more comfortable with the idea of leveraging against our current home to fund something like a BRRRR or flip.

Maybe you'd be interested in sharing some of your time (or your inbox) to share your experience? If you're into flipping, and I'm into dipping toes into long term self-management, maybe there's a sweet spot here for our interests to overlap!