All Forum Posts by: Joe Schmitt

Your BP ad says free to attend.  Your website says the course fee is $995.

Welcome to BP Tyler! I am looking into investment property in Duluth as well. Same kind of duplex arrangement, but mine will function as more of a vacation home since I live in the cities. I am specifically looking in West Duluth / Lincoln Park. Let's get connected and help each other through our first deal.

I'm a new investor and I am just getting educated. I am in the process of putting together my team and educating myself. One of the potential strategies that I have heard about on bigger pockets is getting licenses to get access to MLS to see new listings first, and also to be able to do comps when assessing properties. As I understand it, you may have straighter lines of communication while doing deals without a realtor between you and the seller.

What advice do you have about getting licensed?  Are there any other questions that I should ask myself or others before investing time and money in the licensing process?

If it helps:

- I am interested in focusing on multi-family in St. Paul, MN and surrounding suburbs

- I don't have a construction or rehab background

- I am working on financing, but should be able to find money for my first deal through an FHA or conventional loan.

Thanks!

Thanks for making me feel so welcome here. I will definitely check our MNREIA. Thanks for the tip @Christopher Meis and @Zach Romashko.

I am an IT professional in the Twin Cities (Northeast St. Paul Suburbs to be precise). After some interesting mid-life changes, I have decided to enter the real-estate market part time. At this point, my strategy is to find the right owner-occupied multi-tenant property near my kids' schools. I am also interested in short-term rental property that can double as a vacation spot and eventual second residence in Duluth, MN. 

At this point I am just gathering knowledge, networking, and getting ready to test the feasibility of my near-term goals on paper. Happy to take all the free advice that anyone has for me.