All Forum Posts by: James Jackson

 Totally, I would agree on the standards - if you don't meet them, no matter who you are, we can't do business

I really appreciate the offer Alecia and will definitely reach out!

That is such great information Tim, thank you so much!  I would love to connect, my wife and I are completely newbies.  And I really appreciate the recommendation of Adam.  Just let me know what is a good time in the next few weeks and we can possibly meet somewhere

 Appreciate the info and I will check out Build Your Team (new to BiggerPockets).  On your question there are a couple of thoughts:  1) I will not rent to family again.  I don't like mixing them in business and learned the hard way when they destroyed my house, 2) Keep constant finger on the pulse of what is going on in the property and 3) do my homework beforehand - they had a history of not treating things well.  

Bottom line - I let my wife convince me that it was a good idea and my gut told me "NO!".  I convinced myself to overlook my gut to get into rental properties.  We did fix it and then sold it for a surprisingly high price during the top of the market about 2 years ago in Minneapolis but in the end, probably broke even after all the repairs.

 Hey Brad and thank you!

I live in Minneapoils so that would most likely be the appropriate first location?  I've read you should focus where you reside but am not opposed to other markets and/or partnering if appropriate.  And I believe the right market would be single-family homes or duplexes to turn into rental properties. I believe that with the cost of purchase for homes becoming more difficult for a larger portion of the US population, there will be (and is) a greater demand for rentals.  Thoughts?

Hey everyone!

I have been wanting to get moving on real estate investing but never pulled the lever. I am now ready!! I had a bad experience with a rental property in the past (family and they absolutely destroyed my house), so I had reservations. But, know that it is probably the best alternative to get to build retirement funds (I'm 53), reduce my current personal tax burden and one day allow me to show my children and others how to do it.

I am really interested in meeting some people who are in the game and wouldn't mind having someone either ask a lot of dumb questions or help in finding/closing deals. I just want to learn fast and intelligently with a goal of doing my first deal by the end of 2023.

Any takers? LOL. Thanks!

Hey everyone!

I have been wanting to get moving on real estate investing but never pulled the lever.  I am now ready!!  I had a bad experience with a rental property in the past (family and they absolutely destroyed my house), so I had reservations.  But, know that it is probably the best alternative to get to build retirement funds (I'm 53), reduce my current personal tax burden and one day allow me to show my children and others how to do it.  

I am really interested in meeting some people who are in the game and wouldn't mind having someone either ask a lot of dumb questions or help in finding/closing deals.  I just want to learn fast and intelligently with a goal of doing my first deal by the end of 2023.  

Any takers?  LOL. Thanks!