All Forum Posts by: Alec McGinn

Hello Bigger Pockets! I love reading books that specifically help me with real estate investing or that get me in the proper mind set of an entrepreneur. List your favorite books for generating wealth or have made you an overall wiser person! My favorites are: The Millionaire Mind Rich Dad Poor Dad and Think and Grow Rich I also love Dave Ramsey’s total money makeover for personal finance and bad debt reduction. Thanks! Alec

Thanks Steve!

Regardless of what you label it Kyle. There is a low inventory of houses here and high number of buyers. 6 buyers for every one house for sale to be exact. Thank you everyone for the responses. Would you offer more than the asking price if the house cash flowed nicely is the answer I am looking for?

Thanks for the reply Patrick! Would you buy a property for it’s appraised price if it cash flows nicely?

How would you go about buying in a sellers market? Do you still wait and buy for immediate equity? My town has a strong rental market. If the house cash flows well does it matter as much to buy for equity? I am buying with a first time home buyer conventional loan and looking to go with an agent for my first property. Any response is appreciated

Hello Melissa! I am Rochester native and graduating in May and will be working at the Clinic in June. My fiancée and I are looking for our first home with the intention to rent it down the road. I would love to join your real estate group to learn and get involved with more deals! Looking forward to the next meeting!

Hello Bigger Pockets, I am a 23 year old in Rochester, Minnesota looking to purchase my first home around September or November. I am graduating college in May and start at my new job in June. I am looking to buy to live in, but would eventually like to turn it into a rental property. My fiancée and I are cash short at the moment, but are aware of first time home buyer financing available for low money down. What advice do you have as far as financing, or finding a property that will cash flow after refinancing? I would prefer to do minimal renovations being our first property. Any advice would be much appreciated!