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Minneapolis Real Estate Forum
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Updated almost 5 years ago on . Most recent reply

User Stats

5
Posts
5
Votes
Thomas Piersiak
5
Votes |
5
Posts

New to investing Minnesota

Thomas Piersiak
Posted

Hi everyone! I have recently developed an interest in buy and hold real estate investing. I have been trying to absorb as much information as possible about the subject through podcasts, books, and of course bigger pockets! I am looking to house hack or brrrr my first property within the next year in Minnesota. I really want to develop the skills that I need in order to do this successfully. I am looking to network with fellow investors.  I felt that this would be a great first step! I have a lot to learn. I am open to any advice/tips that you may have for me. Thank you

Thomas Piersiak

Most Popular Reply

User Stats

28
Posts
26
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Brian Loibl
  • Minneapolis, MN
26
Votes |
28
Posts
Brian Loibl
  • Minneapolis, MN
Replied

@Thomas Piersiak welcome to the BP community. I actually purchased my first property, a house hack, in NE Minneapolis at the end of 2019. I spent a lot of time going through many of the resources BP and others offer, but found that actually getting into the property was hands down the best way to cement my knowledge. @Tim Swierczek helped me get the FHA 203K as the property didn't meet the standard FHA requirements, plus it's a great way to wrap the rehab costs into the loan so you don't have to pay out of pocket. Feel free to reach out if you want to talk through some things, I'm always down to talk REI. Best of luck on your journey!

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