All Forum Posts by: Dan Guenther

Come down to Wibby Brewing in Longmont on Friday, October 29th from 6:00-8:00 PM. This networking event is a great opportunity to meet like-minded individuals who share an interest in real estate and real estate investing. Everyone is welcome! Please share with your friends, family, and anyone who you know that might be interested in real estate, financial independence, or just looking to meet some new people.

If you arrive from the main entrance on the corner of Emery St and 2nd Ave, our table is the first/second on the left side. If you can't find us, message me or ask at the service bar.

See you there!

@Pablo Cuevas

That’s where the BP calculators come in handy. You can also find some free calculators online. DM me and we can run through a practice or two.

@Ashley Wolkomir

Welcome to the community! 

I'd suggest reaching out to some investor-friendly lenders. You could also look into non-traditional lending options like hard money or private lenders. 

@Mackenzie Plunkett

Way to plan ahead! You've got plenty of time to get educated and be ready to hit the ground running as soon as you qualify for lending. Keep in mind though that there are plenty of ways to finance a deal without traditional lending. 

Keep up the good work!

@Ryan Lloyd

Check out this guide here for some advice: 

https://www.biggerpockets.com/...

If you have a market in mind, I'd take some time to search the forums for past conversations on markets. You can also set up keywords and get alerts whenever someone posts about your keywords. 

@Neal Stout

There are endless sites out there for looking at properties (redfin, realtor.com, xhomes, are the ones I use most). If you are talking about multi-family apartments you can use loopnet.com which is for commercial real estate. To get the most accurate and up-to-date information your best bet is to get in touch with a realtor in the market you're looking to get set up with direct access to the MLS.

@Robin Brown

Welcome to the community! You're in a great place to get started. Are you looking to invest here in the US or back home in OZ? 

@Alethia Hines

Welcome back to the community! 

You should connect with my teammate @Kayla Govier, who does great work in the sober living space. I bet she'd be able to provide some advice!

Good luck to you and your journey. 

@Pablo Cuevas

Congrats on taking the next steps towards your first investment. There are a lot of factors to consider and it can be very overwhelming at first. It will be helpful for you to take a step back and look at your big-picture goals/long-term goals? Are you going to want to hold this place long-term and are you comfortable renting out as a student rental 5-10 years from now? 

I'd think about your exit strategy and decide on a location first. Once you determine that you can start thinking about what house fits your crietra. 

Let me know if you have more specific questions and I'd be happy to help narrow things down a bit for you.

@Ryan Lloyd

Welcome to the community! Take advantage of your pro membership and use the analysis calculators here on BP. A really basic method is to just jump on Zillow, choose an area/neighborhood, take note of the average price to rent say a 2-3 bedroom house, or whatever your criteria are. Once you've got an idea you can switch to look for houses for sale in that neighborhood or close to it. Then use the rental property calculator to punch in your numbers. Again, very basic method but it's not a bad place to start. 

Let me know if you'd like to run through a couple of practice properties together and I'd be happy to help out!