All Forum Posts by: Rustin Nordsven

Quote from @Jacob Stevenson:

Virtual option?

 Hi Jacob,

I'm sorry, but as it's still quite an informal gathering, we won't be offering a virtual participation option at this time.

Hello South Dakota Investors,

Join us for our monthly meetup at 6:00 p.m. on November 15th at the Hay Camp Brewery in Rapid City, SD. This meetup is the perfect opportunity to meet like-minded investors around the Black Hills area and share wins and losses and what we are seeing in the market today. The topic this month will be Short Term/Mid Term Rentals.  This is open to anyone interested in real estate investing.

Hope to see you there.

Wednesday, November 15th | 6:00 pm-8:00 pm

Hay Camp Brewery |

📍601 Kansas City St, Rapid City, SD 57701

Join us for our monthly Black Hills Real Estate Investor meet-up on October 18 at 6:00 p.m. The month's topic will be how to get started with fix and flips in today's market. I hope to see you there.

click here to RSVP

Hello South Dakota Investors, 

Join us for our monthly meetup at 6:00 p.m. on September 20th at the Sturgis Brewery in Sturgis, SD. This meetup is the perfect opportunity to meet like-minded investors around the Black Hills area and share wins and losses and what we are seeing in the market today. This is open to anyone interested in real estate investing. 

Hope to see you there.

Wednesday, September 20th | 6:00 pm-8:00 pm

Sturgis Brewing | 

📍600 Anna St, Sturgis SD 57785

The Black Hills August meetup will be at Sturgis Brewery on August 23 at 6:00 pm. Hope to see you there. 

Hey everyone, 

Our next monthly meetup will be at 6:00 pm on July 20 at Crow Peak Brewery in Spearfish SD. Everyone is welcome whether you are a new investor or have been investing for years. 

Hope to see you there. 

Quote from @Mike Shemp:

Hi All,

We are looking to purchase a STR in South Dakota, preferably somewhere near the vacation areas such as Custer, Black Hills, Spearfish, Piedmont, Lake Pactola, Rapid City, etc.

I've started looking at properties and starting doing some research.  So far I've discovered that:  Immediate Custer has some regulations, but outside of Custer doesn't; Hill City has regulations; you have to check the deed on the properties because some of them have restrictions on STRs;  some properties have extremely steep driveways which can be an issue in winter, so have to watch for that; some places have dirt roads that are a mess when it rains so that has to be considered.

My questions are:

1. For anyone familiar with South Dakota or invests there, what are other things to watch out for?

2. What are some other areas/towns to consider investing in and why?

Thanks in advance for your help.

Mike

Mike, you are correct on STRs not being allowed in city limits of Custer, and Hill City. Each county in the Black Hills has a little different view when it comes to STRs. Custer county current does not have any rules on short term rentals however the property covenants might not allow them. A few county's are revisiting the rules and regulations currently. There are a few locations that are primarily short term rental locations in the Black Hills that should be fine. Shoot me a message if you would like to discuss more indepth. 

We are having our monthly meetup at Sturgis Brewing Company on Tuesday, June 20th, at 6 PM. Come have a drink of your choice and talk about real estate investing and meet new friendly investors in the Black Hills. Hope to see you there. 

Join us at Crow Peak Brewery in Spearfish on May 24 and meet like-minded Real Estate investors or soon-to-be investors. 

Quote from @Aaron Schrader:

I'm working on putting one together actually!  Would late May be a good time for you guys?  

 Thanks, Aaron. Anytime in May would be great.