I guess you could call me an accidental investor. Currently own 4 rental properties (3 rented, 1 still being rehabbed). All have been profitable but I feel like I've lucked into them so I want to learn more so I can step up from being a lucky speculator and become an investor. Currently all my income properties are local but I'm interested in North Dakota (relatives there) and Texas (lived there for 5 years).
Would love to chat with anyone with similar backgrounds and especially people in Reno/Sparks and people with experience (good or bad) investing in out of area properties.
Ken.... Welcome to Bigger Pockets
Networking is how to succeed in this space and as such I wanted to give you an open invitation to feel free to reach out to me at any time.I am located in the Reno market doing buy and hold, wholesale and fix and flips…
Best of Luck
Welcome to Bigger Pockets. Consider sending messages to other members for specific guidance.
Welcome Ken! Sparks is hot, lots of expected appreciation in rents built into home prices, rentals and multi's at all time high prices given the Tesla plant and other expected growth. Will be really interesting to see how it all pans out. I expect lots of new construction if these trends increase.
I live about 30 minutes west of you in Verdi, and invest mostly in the Nevada City CA area -- I've found better rental returns (although those are drying up fast) and fewer investors to contend with.
Welcome to the site.
A little good luck never hurt anybody.
@Ken Deboy Welcome to BP!
Welcome to BP @Ken Deboy , can't say I have experience or that i'm from the area, but still welcome you the best REI related forum.
Best of luck!
Welcome! There are two separate rei groups that meet in Reno monthly. If you are interested, send me a message and I can get you more information.
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