Hello! I recently am getting back on here, but I am a broker owner in Billings, Montana that has been assisting investors since 2018. I was surprised to find out that there are agents out there that really don't like working with investors, but I have found an amazing community with the local investors that I know and help find deals! I started a local investor meet up that meets monthly and it has been something that I look forward to every single month and have met so many cool people that I never would have otherwise. I have had the benefit of learning the different mindsets and strategies that investors employ when looking for and capitalizing real estate purchases. If you know anyone interested in a second home, vacation property, hunting land, commercial building, or literally whatever type of real estate investment in the Big Sky State, I love to talk investing and how to do it in Montana ;)
Hello! I recently am getting back on here, but I am a broker owner in Billings, Montana that has been assisting investors since 2018. I was surprised to find out that there are agents out there that really don't like working with investors, but I have found an amazing community with the local investors that I know and help find deals! I started a local investor meet up that meets monthly and it has been something that I look forward to every single month and have met so many cool people that I never would have otherwise. I have had the benefit of learning the different mindsets and strategies that investors employ when looking for and capitalizing real estate purchases. If you know anyone interested in a second home, vacation property, hunting land, commercial building, or literally whatever type of real estate investment in the Big Sky State, I love to talk investing and how to do it in Montana ;)
Hello! I recently am getting back on here, but I am a broker owner in Billings, Montana that has been assisting investors since 2018. I was surprised to find out that there are agents out there that really don't like working with investors, but I have found an amazing community with the local investors that I know and help find deals! I started a local investor meet up that meets monthly and it has been something that I look forward to every single month and have met so many cool people that I never would have otherwise. I have had the benefit of learning the different mindsets and strategies that investors employ when looking for and capitalizing real estate purchases. If you know anyone interested in a second home, vacation property, hunting land, commercial building, or literally whatever type of real estate investment in the Big Sky State, I love to talk investing and how to do it in Montana ;)
Honestly most of the out of state leads I connect with are looking for their retirement dream, a few acres, house with a shop, and lots of elbow room. There are definitely inquiries just for land with no restrictions adjacent to or very near BLM land for hunting or 4-wheeling/snowmobiling. A savvy investor would be wise to buy something like that and put some tiny homes or cabins to rent out during the hunting season! Even just allowing RV's and campers for a fee is such an easy way to turn a profit on bare land. I haven't identified my first investment yet, but I feel that I really lucrative long term investment would be starting with bare land and developing it into an RV park, even in the off-seasons there is a high demand for people that are moving to MT and need somewhere to park their RV while they house hunt.
Montana has been talked about a lot lately for being the least affordable state for housing, which is absolutely true for the state as whole. For the state, the median list price right now is $645,000 and the median price per square foot is $330. Whereas just for Billings those numbers are $400,000 and $192/sq ft. I am always on the hunt for properties that are well below the $192 per sq ft and find them often! Billings is where people can affordably live, work, and enjoy life as a Montana resident, better than anywhere else in the state in my opinion.
The type of investors that I typically work with love doing flips, because nice well-priced homes in our market SELL. A lot of folks love picking up small multi-family properties to add to their rental portfolio too, rents have gone up a lot in the last few years. 1 bedrooms go for anywhere between $1,000-$1,600 monthly rent. There is a constant need for more housing here, so finding tenants is extremely quick as well!
I'm surprised to hear of agents not looking to work with investors. There are some fantastic markets out there that are still untapped. Good insight to have, thanks for sharing!
If you ever have any investor clients in need of funding, I'd love to chat further.
I'm surprised to hear of agents not looking to work with investors. There are some fantastic markets out there that are still untapped. Good insight to have, thanks for sharing!
If you ever have any investor clients in need of funding, I'd love to chat further.
I was also shocked! Who wouldn't want to build a relationship with someone that does multiple transactions with you?? I do think there is a level of patience and learning involved working with investors that is very different than servicing your typical client, but I love how their minds work and their drive to improve the community :)
Hello! I recently am getting back on here, but I am a broker owner in Billings, Montana that has been assisting investors since 2018. I was surprised to find out that there are agents out there that really don't like working with investors, but I have found an amazing community with the local investors that I know and help find deals! I started a local investor meet up that meets monthly and it has been something that I look forward to every single month and have met so many cool people that I never would have otherwise. I have had the benefit of learning the different mindsets and strategies that investors employ when looking for and capitalizing real estate purchases. If you know anyone interested in a second home, vacation property, hunting land, commercial building, or literally whatever type of real estate investment in the Big Sky State, I love to talk investing and how to do it in Montana ;)