All Forum Posts by: Dan Guenther

@Stephen Jensen

Welcome to the community! I love the enthusiasm and drive you have going here. I'm always looking to connect with investors and provide any help that I can. Feel free to reach out and I'd love to share some knowledge with you!

@Saurabh Kukreja

Welcome to the community! Those are all very popular cities for out-of-state investors at the moment, so if that's the route you want to take then I'd recommend getting to know each market in and out! I'm not sure about your current living situation, but house hacking is a great way to get into the investing world in your town. For most people, their housing expense is one of the biggest monthly expenses, and if you can remove that expense it's crazy how quickly you can build wealth.

I'm always looking to connect with other investors and share knowledge. Feel free to reach out anytime!

@Andrew Agosto

Welcome to the community! Fellow MN native here. 

Not related to your question, but have you looked at alternative strategies such as rent by the room or turning a SFH into a non-conforming duplex? Those are two strategies that we use out here in the expensive Denver market to make the numbers work and open up more options.

Feel free to reach out if you want to bounce ideas back and forth!

@Gabbie Decu

Welcome to the BiggerPockets community! No matter where you stand in your real estate investing journey, BiggerPockets is the ultimate resource for all of your investing needs. I’d suggest starting out by networking with as many other investors as possible and be an active participant in the forums.

Look for meetups in your area (virtual) on Meetup.com or FB Groups, attend free webinars, start reading as much as possible on any and all topics related to investing and real estate. Use the forums to help you search for the answers to all of your questions. If you can’t find your answers, then create your own post!

Feel free to DM me if you want more specific advice.

Good luck and get educated!

@Brandon Anthony

Welcome to the BiggerPockets community! No matter where you stand in your real estate investing journey, BiggerPockets is the ultimate resource for all of your investing needs. I’d suggest starting out by networking with as many other investors as possible and be an active participant in the forums.

If you haven’t already subscribed to the BiggerPockets podcasts, do that ASAP. Look for meetups in your area (virtual) on Meetup.com or FB Groups, attend free webinars, start reading as much as possible on any and all topics related to investing and real estate. Use the forums to help you search for the answers to all of your questions. If you can’t find your answers, then create your own post!

Feel free to DM me if you want more specific advice.

Good luck and get educated!

@Daniel Kevin Lara

Should be home for Christmas this year. Would be fun to meet up for a holiday beverage somewhere downtown!

@Quortney Williams

Use the networking tab here on BP and you should be able to find some great investor-friendly lenders in your area! 

Good luck on your search and smart call shopping around. 

@Daniel Kevin Lara

Welcome to the community! I was actually born and raised in Rochester, I'd love to connect next time I'm back home. 

Personally, I'd recommend just averaging out your monthly utilities for the year and including that in your rent prices. This just makes it easier all around and one less thing for you to have to worry about at the end of the month. 

@Andrew Robert Kearney

Hey Andrew, I'm a big fan of RentRedi. It's affordable and allows your tenants to pay with different methods directly through the app. The rent then transfers into your desired bank account once received. You can then use services like Xe Money transfer if you need to send it to your overseas bank account. This is what I used when living in New Zealand and they have competitive exchange rates.

I'd try to steer away from having a friend collect rent, especially physical checks. I can see a lot of head aches coming up with that route.

Good luck to you!

@Colton Roberts

Welcome to the BP community! You've got a big head start on a lot of investors with your remodeling business. Good luck to you!