Rental Property Investor · MN · Member since 2020 · 14 posts · 9 votes
Hello Everyone,
I am an investor in Minnesota looking to connect with others. My goal is to purchase 10+ long term rentals over the next 5-8 years to generate income that allows for more time flexibility. I would also like to build this small business to show my young boys other avenues in life outside the corporate world and ideally work with them as they get older if they are interested.
I have been doing a fair amount of learning the last 3-6 months and feel some momentum this week as I have put in 4 different offers. Three have been turned down so far, but hopefully the fourth goes through tomorrow. I am targeting the northern suburbs of the Twin Cities, but also looking at other areas such as St. Cloud, Duluth, Mankato and Rochester.
A fun fact about me is that Maui is my favorite place and I would love to acquire a short term rental in Hawaii in the near future.
Welcome Wade! There is an upcoming BP meetup on May 12th that you might want to attend to connect with other investors. I too have that similar goal and am a little further along and could help provide some direction. DM me and we can connect when your time allows. Cheers!
Welcome Wade! There is an upcoming BP meetup on May 12th that you might want to attend to connect with other investors. I too have that similar goal and am a little further along and could help provide some direction. DM me and we can connect when your time allows. Cheers!
Make sure you check out all that this site has to offer.
There are some pretty cool discounts on various products and services offered as Perks to BP members that you might want to check out: https://www.biggerpockets.com/perks/pro
Wade, welcome aboard! You're definitely starting off on a good path: you have a goal, you have your BIG why (free time and teach your boys), you've studied, and you've started putting in offers. Great job! My quick two cents is jo your target areas like the back of you hand, go to REI meetups as often as you can, use BP for questions, read BP articles, and make sure everyone you meet knows what you do and what types of properties you are looking for.
Hi @Wade Luhman nice to meet you! I would love to connect with you. I am based in Mankato, MN but work with investors all over the state. Wishing you the best - Brandon
@Wade Luhman you should definitely come to this awesome local REI meetup this week to network with other investors and hear how local investors are buying apartments in the twin cities. You can find it on Facebook at Duplex Dan or on meetup.
Welcome Wade! There is an upcoming BP meetup on May 12th that you might want to attend to connect with other investors. I too have that similar goal and am a little further along and could help provide some direction. DM me and we can connect when your time allows. Cheers!
-Jake
Thanks Jake. I found the info on the BP meetup for May 12th and will try to join. I hope to see you there.
Make sure you check out all that this site has to offer.
There are some pretty cool discounts on various products and services offered as Perks to BP members that you might want to check out: https://www.biggerpockets.com/perks/pro
Hi @Wade Luhman nice to meet you! I would love to connect with you. I am based in Mankato, MN but work with investors all over the state. Wishing you the best - Brandon
@Wade Luhman you should definitely come to this awesome local REI meetup this week to network with other investors and hear how local investors are buying apartments in the twin cities. You can find it on Facebook at Duplex Dan or on meetup.
Thanks Dan. I found the event on Facebook. I likely won't be able to make the one this week. But will keep an eye out for future events.
Welcome, @Wade Luhman! You are definitely on the right track! I've been investing in the Twin Cities area for a long time and it's a great place to be. If you have any questions, reach out anytime!
Welcome, @Wade Luhman! You are definitely on the right track! I've been investing in the Twin Cities area for a long time and it's a great place to be. If you have any questions, reach out anytime!