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All Forum Posts by: Mitchell Boatman

Mitchell Boatman has started 2 posts and replied 4 times.

Post: Finding Property Suggestions?

Mitchell BoatmanPosted
  • Saint Paul, MN
  • Posts 4
  • Votes 0

Mr. @Bruce Runn,

I appreciate your response. Many members in my immediate family are GC's. I also have a few years of PM experience under my belt. I know I don't know everything (nor will I ever), but I know I'll have a good team around me. I signed a year long lease right out of college so all I'm doing currently is research, research, research. The plan is to master my craft and find my niche - like you said, "focus on the types of things you can do well and learn along the way." 

Again, thank you for the response. I truly do appreciate the advice and understand this business is not for the lazy, nor the faint of heart.

MB

Post: Finding Property Suggestions?

Mitchell BoatmanPosted
  • Saint Paul, MN
  • Posts 4
  • Votes 0

Thanks for the advice @Suzanne Griffiths

I'll definitely look into getting an agent that specializes in the above properties. 

Thankfully I signed a lease out of college so I have some time to research, gain knowledge, and further cement my approach! 

Post: Finding Property Suggestions?

Mitchell BoatmanPosted
  • Saint Paul, MN
  • Posts 4
  • Votes 0

Hey all, 

I'm fairly new to real estate investing, however, I'm extremely serious about it and have got my plan of attack down. I definitely want to go the BRRRR (buy, rehab, rent, refinance, repeat) route.

I'm trying to focus on REO, HUD, foreclosures, preforeclosures, and bankruptcy properties that I can effectively use the BRRR method on. I know the areas I want to find du/tri/quad multi family units which are the following:

  1. Minneapolis (South, NE, SW)
  2. St. Paul (Summit, Grand, Macalester-Groveland, West 7th, Cherokee Park)

In essence, I'm planning on targeting "B" areas in the hopes I shy away from as many "C" and "D" tenants as possible.

My question is this; where should I look? I've been on a million websites and half of them say I can't see anything unless I sign up and pay. The others have very little stuff. I've heard you can go on different county places to see the listings before they show up on mass sites like Zillow and etc. I have no idea if there's truth to that or not, however, I'm looking for some tips and tricks people have to finding properties in the areas above.

Many thanks and God Bless,

MB

Post: Beginner Tips and Considerations Needed

Mitchell BoatmanPosted
  • Saint Paul, MN
  • Posts 4
  • Votes 0

First and foremost, thanks for taking the time to check out my post.

I'm 23 y/o and by the end of this year I plan to start real estate investing. I heard that's a good time of the year to purchase property because the banks are trying to roll off their REO's. My uncle is a very competent GC and him and myself will be tackling the rehabbing and flipping.

What I'm looking for is just some thoughts/suggestions/tips. I'm not entirely sure what I can offer in return other than good reviews of your company (if you have one) through Google and others, but if you can think of a way I can help you in return for knowledge, I'll do my very best to make it happen. I can't sell you on my experience, awards, or accolades (or lack thereof), but I can sell you on my work ethic, enthusiasm, determination, and willingness to learn!

Hopefully others in my position will see the tips and they will change their futures in real estate as well.

Many thanks and God Bless - MB