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All Forum Posts by: Lee Gierszewski

Lee Gierszewski has started 26 posts and replied 108 times.

Post: New investor doing out-of-state properties

Lee GierszewskiPosted
  • Investor
  • Bismarck, ND
  • Posts 108
  • Votes 50

Nice work Paul. 

I live in Bismarck & Its a great community and I think excellent for rental properties (I have multiple rentals here). If you need a lil help/advice on some go to's for repairs maintenance etc. feel free to reach out to me.

Post: Unexpected appraisal results

Lee GierszewskiPosted
  • Investor
  • Bismarck, ND
  • Posts 108
  • Votes 50

That seems really odd to me that the value hasn’t increased much from 2014. I started investing in multi family here in Bismarck back in 2017. Every property I own here in Bismarck has increased in value significantly.

4plex 2018-$235k purch price 2022 appraisal -$330k.  
3plex  2019 $170k purch price 2022 appraisal $285k

12plex 2020 $617k purch price 2022 appraisal $860k

I have done value add to all of these properties which does help, but there’s also been a significant rising tide in Bismarck that should have lifted “your boat” as well.

If you’d like to discuss further, i’m always available for Real Estate talk!

Post: Want To Receive Leads From Biggerpockets In Bismarck?

Lee GierszewskiPosted
  • Investor
  • Bismarck, ND
  • Posts 108
  • Votes 50

I am  a premier agent. I’d love to see it work like you claim.

Post: SuperFantastic BP Meetup

Lee GierszewskiPosted
  • Investor
  • Bismarck, ND
  • Posts 108
  • Votes 50

It's been forever since any of us met up, so I just threw a date out there. Lets see if we can make it work!

Post: Looking to connect with a mortgage broker

Lee GierszewskiPosted
  • Investor
  • Bismarck, ND
  • Posts 108
  • Votes 50

Getting into an owner occupied rental is a great way to get started down the investment property road. Find a decent duplex and rehab the side you live in, make it pretty, then when the other tenant moves out, wash rinse repeat. There are opportunities like this available in Bismarck if you’re willing to put in the work. If ya have any questions, feel free to reach out!

I purchased this ticket two years ago. Will they defer to 2022 or can I get a refund? I can't go to a conference to network, when everyone's face is full of crap off of Steven Tyler's Mic stand.

Post: Super Fantastic Bismarck Meetup

Lee GierszewskiPosted
  • Investor
  • Bismarck, ND
  • Posts 108
  • Votes 50

Nothing is scheduled, but I could try throw out a date & see what happens

Post: Central North Dakota May Meet Up Maybe??

Lee GierszewskiPosted
  • Investor
  • Bismarck, ND
  • Posts 108
  • Votes 50

I’ll be there!

Post: Super Fantastic Bismarck Meetup

Lee GierszewskiPosted
  • Investor
  • Bismarck, ND
  • Posts 108
  • Votes 50

Hey, Lets give this meetup a whirl. It's been a hot tick since we've gotten together in Bismarck!

If we do Thursday i can stay til bout 6pm. BWW would be a decent spot ip north or maybe ale works.