All Forum Posts by: Shelby Regner

I'm very hopeful I can connect with someone else who is/has started REI investing while raising small children as a stay-at-home parent. I know it's possible, but as I'm working on goal-setting right now, I'd very much like to set a goal that has some reality to it. I know I'll have a limited amount of time and focus. I'd also love to hear about some strategies (beyond the obvious like hiring a sitter or meal prep or whatever). I'd like to learn how to build my team knowing that I'll certainly need to rely on them but I also can't (for the time being) make it to meetups. If this sounds like you, let's connect! I'm sure there's a way to make this work and I could just use someone to build ideas with.

 Thank you! I think it was this post exactly that I needed... I have nearly no idea how to respond to your post (meaning I don't even know where to begin on how much the roof/HVAC/etc. might cost nor do I have a contractor around that can help me estimate). I'm feeling like once I've learned enough to confidently answer your questions then perhaps I'll be ready.

 Thank you! I think it was this post exactly that I needed... I have nearly no idea how to respond to your post (meaning I don't even know where to begin on how much the roof/HVAC/etc. might cost nor do I have a contractor around that can help me estimate). I'm feeling like once I've learned enough to confidently answer your questions then perhaps I'll be ready.

 Thank you! I really appreciate you sharing about thinking through the restaurant situation. I know the restaurant itself is a long-standing community staple, but it seems the current tenets are used to living in less-than-ideal housing (which is part of what appeals to me in upgrading the building). If I get to the place where I am looking at this type of building I'll hav your voice in my head reminding me to think through the impact of the commercial space.

 Do you use RentRedi? I know it's now part of the BP membership but haven't looked at it at all... and am still too new to know if it would cover everything I would need in a commercial building.

I'm still a year or so away from making my first investment and will spend the next several months learning more... but it seems everyone want you to 'cut. your teeth' on a single-family/smaller number of units. Yet, it seems to me, that having more units will decrease your chances of having empty units. So let's say I have some time to read up and save up. Is this a bad idea because of the risk involved? If so, tell me more. If not, what should I read or study that will specifically help with a 12-unit upstairs and restaurant downstairs. ((Also, one of the buildings that's I'm interested in also has cell towers on the roof.))
P.S. Please be nice, I'm a total newb and genuinely want to spend my learning time well. Is my idea naive, too ambitious, or amazing?

I've sent you both a message in the BP profile with directions on how to connect on Facebook. If that's not a good place for you to connect, will you send me an email address and we can try to coordinate from there? Thanks!

Hi all, I'm hoping to find a few other people who are interested in s.l.o.w.l.y. learning how to get into this type of business. I'm looking at purchasing my first property in about a year and want to get reading, learning, setting up a business, etc. now so I can take my time and be confident. If you are interested, please reply. I'll poll the group to find out how everyone wants to proceed (which platform is best, what type of books and timeline are best, etc.).

Cheers!

Shelby