Skip to content
×
PRO
Pro Members Get Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
$0
TODAY
$69.00/month when billed monthly.
$32.50/month when billed annually.
7 day free trial. Cancel anytime
Already a Pro Member? Sign in here
Pick markets, find deals, analyze and manage properties. Try BiggerPockets PRO.
x
All Forum Categories
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

All Forum Posts by: Jalen Henningsen

Jalen Henningsen has started 13 posts and replied 20 times.

Post: Condo Investing for Beginners

Jalen HenningsenPosted
  • Storm Lake, IA
  • Posts 20
  • Votes 9

Hi guys,

I am almost a licensed real estate agent in Des Moines, Iowa. I have some colleagues that are "interested" in investing and asked me to get them more information on some condos. I assume the rules for analyzing the numbers are very similar to a SFH rental (HOA fees are present I know and maintenance expenses are different I'd assume). However, before I give them more information, I was hoping to get some critical advice on investing in condos. Any advice or tips are appreciated!

Thanks

Post: Guide to career in property management

Jalen HenningsenPosted
  • Storm Lake, IA
  • Posts 20
  • Votes 9

Hey everybody! I am new to real estate and want to dive into this industry as fast as possible. I plan to invest, but I also need to move from my current location, meaning I need to start applying for jobs as soon as I can. If my goal was to become a property manager, would I have to be a leasing consultant or assistant property manager first? I have a bachelors degree in finance and marketing, and I currently work at a bank analyzing commercial loans - I have worked here for a year and two months. I want to move to the Phoenix area as well if anybody has any recommendations!   

Post: Real Estate Agent and Wholesaling to fund investing

Jalen HenningsenPosted
  • Storm Lake, IA
  • Posts 20
  • Votes 9

Okay, where at?

Post: Real Estate Agent and Wholesaling to fund investing

Jalen HenningsenPosted
  • Storm Lake, IA
  • Posts 20
  • Votes 9

I should have been more specific with what I meant for "most potential". It doesn't mean the least amount of competition necessarily, but rather what cities are flourishing right now, is there trends happening in the south with the boomer population reaching retirement ages,  are the wealthy flocking somewhere, etc. Just cities and markets that seem to have a promising future for growth, stability, and entertainment.

Post: Real Estate Agent and Wholesaling to fund investing

Jalen HenningsenPosted
  • Storm Lake, IA
  • Posts 20
  • Votes 9

Hi friends! I'm considering obtaining my real estate license to help jump start my real estate investing career. I was wondering what cities you guys know of that offer the most potential for being a real estate agent and wholesaling? I know it will require hard and smart work - everybody seems to make sure to tell me that haha, but I am aware. I have $15,000 and am willing to move nearly anywhere, but preferably south. Also, I want to get into multi-family investing.

Thanks!  

Hi friends! I have been posting about different markets that I am interested in investing in. I was born and raised in Iowa and I love it (ranked best sate in the USA!), but it seems like if someone wants to make it BIG they have to leave for a bigger city/market, and trust me I want to make it BIG (10X). My goal by 6/1/2018 is to house hack my 1st property, and get a job in the real estate industry. I think Des Moines is a solid starting point. I have $10K saved up and no debt, I'm 24 years old.  I am currently a credit analyst for a bank (I analyze ag and commercial real estate), but I need something I am more passionate about. I was thinking either property management or become a real estate agent. What is the best way I should go about finding a duplex, triplex, or 4-plex? And would it be more worthwhile to become a property manager or real estate agent?  

Hi everybody! I am searching for a great city that can offer a young guy great potential to get started in multi-fam and apartments investing. I've heard a lot of great stuff about Austin, but it seems that it has already hit its big boom and might be expensive for a beginner. I just wanted to hear everyone's thoughts on Austin for young investors, and if you would have some better cities in mind please share!

Post: 10X Goals for a young real estate investor

Jalen HenningsenPosted
  • Storm Lake, IA
  • Posts 20
  • Votes 9

Hi everyone! So I am a huge fan of Grant Cardone. I love his drive to be the best, how hard he works, and his real estate investing strategy. If you had to give a 23 year old advice on how to get to Grant Cardone level, what do you think would be necessary to get to such a big level of wealth? I'm working at a bank (I analyze commercial real estate loans), and I am living frugal right now to save money for a house hack in Des Moines, IA (most likely). I think it would be beneficial for me to get my real estate agent license and dive into that full time and bartend at night - I believe this will help me make enough money while getting to know more people. I plan to house hack every year for awhile and then scale into large apartment complexes and townhomes. If you have some insight on the best way to go about this, I would love to hear it! :)

Post: Jobs to work while starting Real Estate Investing Career?

Jalen HenningsenPosted
  • Storm Lake, IA
  • Posts 20
  • Votes 9

Hi everybody! I am curious as to whether there is a job that will provide a decent income and be beneficial for a multi-family real estate investor. I have a degree in finance and marketing, I currently am a credit analyst at a local bank, and I plan to house hack in Des Moines and branch out to a bigger city after some experience/cash saved up. I know having a real estate license would help, but if I plan to branch out to bigger city's is it worth the time to acquire and build a name for myself? Or is there another job that might be better?  

@Account Closed I believe that I will start out that way, I'm just very eager to get into the big city and wanted to hear others opinions on the subject matter.