All Forum Posts by: David Marwil

@Jeff Rappaport Hey Jeff, first off, thanks for the long and thoughtful reply! I didn't take any offense, was just curious what led you to those conclusions, wondering if I should perhaps be looking in a different area to invest. Or wanted to look into the information you'd drawn those conclusions from. As I'm new to the world of real estate, I'm trying to absorb as much as I can before making that first leap into an investment. And getting specifics on this area will have to be my next step - as I feel I have a better grasp on the generalities of RE investing. As I'm going for a buy and hold long term investment strategy I'll definitely be looking at vacancy rates in the area, and trying to analyze the rent prices themselves. As for why renters would choose me, I think if there's a lot of rentals in disrepair, a single family in good repair will already have a leg up on the competition. But it's always good to be thinking about differentiation, niche marketing, and all of those things. So again, thanks for the reply!

@Chrystal Browning I would also be interested the REI group meetup info! Thanks

@Korbin Smoot Hi Korbin, and welcome to the BP forum, I've just joined myself :) Do you ever go the Single family home route?

@Jeff Rappaport Hi Jeff, I was wondering if you could elaborate a bit more on your analysis of Idaho Falls and what specifics lead you to that conclusion? Particularly since you haven't been to Idaho in 25 years. What are you using for your information sources? I'm curious as I'm here in Idaho Falls looking to begin my real estate investing career, but it's a little disheartening to hear things like this.

Anyone know of any investment clubs in the area? I'd like to meetup with some others in the area who've had some success with real estate investing.

Thanks,

Dave

(Also, First post!! Woot!)

Hi all, I've been listening to the Bigger Pockets podcast off and on for a few months now. And I've read a few real estate books now. One I really enjoyed was Building Wealth One House at a Time. As of now, I don't have any experience in the real estate arena. However, I'm looking to change that, and part of that is starting to become an active member on these here forums.

Right now I work as a web designer and developer, but I'm branching out into some blogging and thinking about some freelance graphic design.

I have a couple goals when it comes to real estate: I want to diversify from a completely stock market based investment strategy. They (being equity investors) always say to diversify and not put all your eggs in one basket, and I feel like real estate is a great way to create some actual investment diversity. And secondly, I'm looking to diversify my income. I don't want to quit my day job (yet), but I do want to have a few streams of smaller incomes, cash flow from real estate being one. So, I'm thinking my strategy will be to find single family homes, in my small-ish market, that generate small cash flow streams for the present, but build equity and worth as an investment for the future.

Thanks for reading :)

Dave