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All Forum Posts by: Mindi Rosser

Mindi Rosser has started 7 posts and replied 74 times.

Post: New Member Living in Chicago, Illinois! Hello, BP!

Mindi RosserPosted
  • Rental Property Investor
  • Oahu, HI
  • Posts 77
  • Votes 42

@Sean Snider Welcome to BP! Isn't the podcast awesome? That's how I found out about the website/forums and what propelled me to join, too.

Nice to meet another Midwesterner interested in REI - I'm based in NWI myself, currently working towards getting my real estate license here in order to generate some additional "active income," while also opening the door to real estate investing here.

@George Skidis made a good point about joining your local REIA. I just joined mine last week and attended my first in-person meetup. What a positive experience.

Here's to continued REI success!

Post: Newbie Looking for advice

Mindi RosserPosted
  • Rental Property Investor
  • Oahu, HI
  • Posts 77
  • Votes 42

@Mihir Bhimaraju Excellent getting started tips! I'm currently starting to do tip #4 and run LOTS of reports with the various BP calculators just to get familiar with what a good deal looks like before making any moves. Also will make me feel confident when I am ready to submit that offer.

Post: Newbie Looking for advice

Mindi RosserPosted
  • Rental Property Investor
  • Oahu, HI
  • Posts 77
  • Votes 42

Welcome to BP, @Dominique Papillion! I am also relatively new and am just starting to learn the ropes in investing. Have you looked for your local REIA group in Milwaukee? That's where I would start... I attended my very first REIA meeting in NWI (Northwest Indiana) last night, and it was a game changer.

The people I met, the questions asked, and the resources available in my local area - they are already reshaping my idea of what investing will look like for me. 

Before the meeting, I wanted to do small multi-family and house hacking in NWI as my first investment, but I'm reconsidering based on the wisdom of seasoned investors in that REIA group. Now, I've adjusted my strategy to look for SFR in very specific towns between 50-70k that would be worth 100-110k after renovations.

Best of luck on your journey! BP is the place to be. :)

Post: Strategies for finding Cash Buyers

Mindi RosserPosted
  • Rental Property Investor
  • Oahu, HI
  • Posts 77
  • Votes 42

@Gabriel Amedee Thanks for the thorough answer to my question. I'm still quite a newbie when it comes to REI, but I'm well-versed in using LinkedIn for B2B lead generation and nurturing programs... trying to figure out how to create a similar process for myself and REI. Your tips were incredibly helpful!

Post: Strategies for finding Cash Buyers

Mindi RosserPosted
  • Rental Property Investor
  • Oahu, HI
  • Posts 77
  • Votes 42

@Gabriel Amedee What type of LinkedIn search do you use to find private money lenders? Any keywords you look for?

Post: My crafty, modern approach to QUALITY mailing lists.

Mindi RosserPosted
  • Rental Property Investor
  • Oahu, HI
  • Posts 77
  • Votes 42

@Paul Wakim I agree that LinkedIn is probably not the best place to place ads because the CPL (cost per lead) is typically $9 for a very well-targeted campaign, whereas Facebook can be pennies on the dollar. 

Reaching out to homeowners on LinkedIn might be an interesting approach, though it all depends on the target audience - are they active on LinkedIn?

And, I've heard of DuxSoup but never used it because it felt a bit too automated for my B2B technology CEO clients - they preferred a one-to-one approach. But when it comes to REI, DuxSoup might generate better ROI if set up correctly. Thanks!

Post: My crafty, modern approach to QUALITY mailing lists.

Mindi RosserPosted
  • Rental Property Investor
  • Oahu, HI
  • Posts 77
  • Votes 42

Thanks for sharing, @Paul Wakim! I'm especially interested to hear more about how you are using social media to get into distressed owners' social feeds. Which platforms are you using? I'm guessing Facebook is the best place for ads? Are you using LinkedIn, Instagram, or Twitter in any way?

Post: What Do You Struggle With Most On Social Media?

Mindi RosserPosted
  • Rental Property Investor
  • Oahu, HI
  • Posts 77
  • Votes 42

Excellent question, @Kelly Conley! I'm curious to hear what others in real estate have to say about this issue, because I'd like to start using social media effectively as it applies to real estate investing.

My day job is doing lead generation for B2B companies using LinkedIn, and their biggest struggles are: cutting through the noise, getting clear on their messaging, finding their prospects on social media, creating systems/metrics to track what's working and not, and having someone to actually implement their strategy for them. 

Looking forward to the webinar replay, since I won't be able to make it live to the webinar. As a newbie, I am most interested in investing in small multifamily properties where our family is going to be relocating within the next year, or thereabouts. Will be taking notes to begin implementing - plan to incorporate action steps into my 90 Day BiggerPockets Challenge.

Post: Newbie in Griffith, Indiana - real estate license & multifamily

Mindi RosserPosted
  • Rental Property Investor
  • Oahu, HI
  • Posts 77
  • Votes 42

Hey, It's Mindi! I am a complete newbie when it comes to real estate investing, as my only experience in real estate to date has been purchasing two primary residences. In April 2018, I read Rich Dad Poor Dad after running the numbers and realizing we would never reach financial independence with our current rate of active income. It all clicked!

Since that time, I've immersed myself in everything I could find about becoming a real estate investor, which led me to the BiggerPockets podcast. The content and topics resonated, and BiggerPockets provided EXACTLY the resources I needed to continue aggressively learning about real estate along with the tools to put that education into action.

MY SHORT-TERM GOALS

1. Buy my first property. Planning to invest in small multifamily rentals in my backyard (Northwest Indiana) with the buy-and-hold mindset. My hubby is a seasoned journeyman carpenter with a good number of contractor connections nearby, and he's eager to stop working as a Union carpenter and put all of his energy into real estate investing.

2. Get my real estate license in Indiana. Just started my online RECP today. Since I'm getting into real estate for the long haul - not a fly-by-night, get-rich-quick approach - I am investing in my real estate education. This should save me money on my own future deals, while also helping me gain credibility within the industry and my local area as a serious real estate investor and deal maker.

As for my professional background, I have been working as a freelance social media marketing strategist for 7+ years helping B2B companies generate and nurture high-quality leads on LinkedIn.