All Forum Posts by: Will Diepholz

Awesome to hear man - crushing it!

Thanks for organizing!  Can't make it tonight but will absolutely plan on attending future meetups.

Y'all are great.  I'll be getting in touch!

Hopefully the high spirits around town after that Vikings game will help everyone close some deals.  Thanks again!

Hello!

I'm looking to purchase a multi-family residence this year and am looking for recommendations on local realtors and property managers in the twin cities area.  I'm attending local meetups in person, but thought I would also reach out to the BP community.  Thanks in advance!

I appreciate the replies, excited to get started.

@Nathan Platter thanks for the warm welcome, planning to start attending local meetups this month.  If you have any suggestions I am all ears.

@John Woodrich Thanks!  We initially were looking at the Killeen, TX area because running quick numbers showed good cash flow potential on rentals with the nearby army base.  One of the partners is already house hacking with a duplex there.  I definitely plan on investing in the twin cities area, but didn't want the scope to get out of hand from the beginning.

@Tim Swierczek the bluntness is always appreciated. The initial thought was that we would start by financing our properties individually and not through the LLC, and having a larger pool of cash to start out with by partnering. Between the three of us we calculated that we have enough capital to go in on 2 deals this year. The LLC would be in place to clearly define each member's role and what they own. I'm glad you bring all of this up - perhaps an LLC is an unnecessary complication as we start out. I am definitely on board with the mindset of keeping it simple and learning the game before we try to do everything at once. Thanks for the tips!

Hi everyone!

New investor here.  I'm based out Minneapolis, MN and work a full time job as a systems engineer.  As an avid skier and mountain biker, I'm hoping to realize my dream of owning a vacation property out West funded by capital generated through real estate investing.  Bigger pockets has already been an incredibly valuable resource in building my knowledge around real estate investing, and I look forward to executing on the strategies discussed in this forum.

High level plan - I'm forming an LLC with a partner out of Austin, TX and a partner out of Madison, WI. Looking at investing in the Austin, TX area to start as one of us is located there. Because our capital is limited we want to try and boost this via the BRRR strategy initially, and move into a more long term buy and hold rental strategy. Current focus is to learn and build our network.

There is a lot to learn and I've got the BP podcast rolling on my car stereo daily.  Can't wait to discuss real estate investing with the bright minds all over this forum.