All Forum Posts by: Account Closed

Our next LIVE Market Intelligence Workshop is coming up this November and you get to choose the topic. 

Which of the following workshops would you LOVE to attend this November?👇

Hey @Sam Rexford, this is a very thorough start! You may find this webinar by Dave Meyer helpful: “How to Choose a Market for Your First or Next Real Estate Deal in 2024" at bigmarker.com/biggerpockets2/DM-CM. I'd also recommend checking out the Market Finder tool (biggerpockets.com/markets) for a quick way to compare markets and narrow your search to a few top-performing areas. 

Our next LIVE Market Intelligence Workshop is coming up this November and we need your input! What market trends and obstacles are you encountering that Dave can help you tackle? What questions and concerns do you have about investing in Fall 2024?👇

So far, Dave has hosted live workshops packed with his latest data insights on the following topics:  

✅ February: Picking a Market for your First (or Next) Real Estate Investment

✅ March: How Do Mortgage Rates Work, and Where Are They Going?

✅ April: Deep Dive into Sunbelt Markets

✅ May: Demystifying Deal Analysis

✅ September: Where to Start? How to Cut Through the Noise in 2024 and Choose a Market for Your First (or Next) Investment

❓November: Fill in the Blank! 👇👇

Hi @Rhea Jeong and @Shawn McAuley, thank you for becoming Pro members and for checking out Deal Finder. I agree that you should be able to search for deals by filtering for the "multifamily" property type; that is a core part of the tool's value. Currently, there is a bug that is limiting the functionality of this feature but the team is busy resolving it. Thank you for bringing it up and I'll update you here once it's been resolved. Please feel free to message me directly or comment here if you have other questions, concerns, or feedback while using our new Deal Finder tool! 

"Dear Noah, 

I need help deciding what to do about the property manager of my out-of-state property.

It's a duplex in TN. I've owned it for 5 years and have never seen it. It wasn't in awesome shape when I bought it, but nothing major or urgent to fix. The original property manager was a local company and then they were bought by a larger corporation.

I've been telling my new PM for several years now that I was willing to put money into fixing things up, give the tenants a stipend for painting or gardening or anything they wanted to do to make it their own (long term tenants, most stay several years at least), etc.

The response was always like, "We don't really fix things until they're broken and everything is fine." 

I asked for a thorough inspection report and months later I finally got it. This place looks pretty damn gross to be honest.

I'm wondering if I just move on from my PM and find someone who's willing to take on a bit of a fixer upper, or keep the current PM for now, hire out someone myself to do all the work needed, then find a new PM.

Or, am I overreacting and PMs truly just lease the property, hold on to deposits, and fix things when they're broken? Is it too much to think that he would proactively tell me when the stairs are literally crumbling and the gutter is falling off the side of the house?!

Thank you, 

Hannah"


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I was in a similar situation when I wanted to start investing but didn't have a primary yet and lived in unaffordable Denver...I ended up investing out of state. Bought a few places that cash flowed in Kentucky, then came back to Denver later when I had more creative options to get a primary and make it affordable.

We bought a primary in Littleton last year with an ADU that we Airbnb and it does really well so far. It's in an "unincorporated" county so we have no STR restrictions which was a really nice surprise. We also had the seller buy down our rate which helped.

If you're open to investing in different markets but want to stay in Boulder, you might find a good enough deal to make it worth purchasing an investment in a different market first while continuing to rent in Boulder. Check out Market Finder if you're interested in that! https://www.biggerpockets.com/markets

Dear Noah,

I had a quick question regarding the current housing market. I would like to set myself up to start investing in real estate, but currently I don’t even own a primary. I have a downpayment saved up, and I’m trying to evaluate what to do with the current market. I’m living in Boulder, CO right now, so that really hurts the affordability, it's looking like most of the things I can afford here would be a condo/townhome. My timeline is probably 1-2 years as I believe the market is softening right now, especially with the high rates.

I have two questions: 

- Is it a terrible idea to actually buy a Condo/Townhome as a primary?
- What are some good resources to start strategizing my next couple years to set myself up for being able to invest?

Thank you, 
Luke, an aspiring investor from Boulder, CO

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@Kelly Taylor, very exciting goal!

The Small Multifamily Bootcamp will include content on both small residential as well as small commercial so you should be in good hands with Leka and Chris.

Also, Live sessions will be recorded and uploaded to your student dashboard so this is an option if you're unable to attend some of them. You could send in any questions ahead of time. 

I hope that helps! There's also a 30-Day Money-Back Guarantee if you end up wanting to wait for the next round of bootcamps. It sounds like getting started on one now is preferable given your year-end goal, though :)

Quote from @Jesse S.:

Interested but how good are these bootcamps?  Can anyone who has attended let me know how it was?

Hey Jesse! Which bootcamp are you considering? 

A previous student might chime in here but in the meantime, here is some recent feedback collected via anonymous surveys at the end of each bootcamp:

"Tons of insight and important information that make taking actionable steps less daunting. So glad I signed up. So very worth it!" 

"The host were really incredible teachers and the modules were set up perfectly week to week. And I really enjoyed how there was no immediate rush for the live q&a sessions. Whenever I couldn't attend a meeting I loved how the link and passcode to watch the meeting at a later time was available" 

"This boot camp was great…I learned a lot and gained the confidence to buy my first property. I also love that I can come back and rewatch different modules."

About the Rookie Bootcamp specifically: 

"The bootcamp gave me the confidence to take action. Right now, I'm actively searching for a property to house-hack and I know I wouldn't be at this point without the Rookie Bootcamp.. It was comforting and reassuring knowing that I'm not alone or behind in my investing journey..."

"Ashley and Tyler were great at providing guidance thru the weekly lectures and asking/ answering questions at the weekly sessions! I especially learned a lot at the live sessions from the experienced guest. I appreciate the fact that I could download live sessions that I personally connected with. Angel provided great feedback throughout the course and Dion was amazing on the Office Hours weekend sessions for the more advanced questions. I wish some of the documents in the course were a little more able to be edited but all good. The template is there and I can create my own. Via the accountability group, new connections were made and we plan to stay in touch and potentially partner on deals in the future. All-in-all, a great value.

Quote from @Tije Wilkins:

Are the live Q&A’s recorded to watch later if you miss them?

 Yes, they are!