Newbie investor from Coeur d' Alene, Idaho!

Newbie investor from Coeur d' Alene, Idaho!

Coeur D Alene, ID · Member since 2017 · 13 posts · 5 votes

Hello,

My name is Jean Jöstlein and I love real estate!!

We have been in real estate for over 20 years investing and managing residential and commercial properties in Illinois; we made the big move to northern Idaho a couple of years ago.

We are looking to our add to our commercial and agricultural properties ( -- commercial tenants are much easier to work with!) by flipping. 

Investigating getting my real estate license to fund said flipping/ investing--found I really enjoy sharing my wealth of experience with 1st time buyers and those looking to relocate. <Any input on this subject is welcome! 

I also have a landscape design background-- very helpful in curb appeal!

We have experience (too much!) rehabbing and looking to expand our investor network to include more like minded individuals in the Spokane/ Post Falls/ Coeur d' Alene/ Sandpoint/ Bonners Ferry areas. 

I found BiggerPockets through an internet/podcast search-- lots of information archived here I can't wait to explore!

Okay...my coffee cup is empty--gotta go!

Thank you!

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Ronnie S.Pro Member
Investor · Coeur d Alene, ID · Member since 2013 · 109 posts · 29 votes
8y

@Jean Jost Welcome to BP!!

I have family and property in the area and like to network and talk shop.

Happy Holidays!

See this reply in the discussion

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  • Don SpaffordPro Member
    Investor · Idaho Falls, ID · Member since 2016 · 935 posts · 629 votes
    8y

    @Jean Jost Welcome to BP! Even though it sounds like you have tons of experience already, there is still a lot to learn and as you said to share with others. This is an amazing place.

  • Coeur D Alene, ID · Member since 2017 · 13 posts · 5 votes
    8y

    @Don Spafford

    Thank you for the welcome-- looking forward to filling the info. cup to the brim on BP!

  • Real Estate Coach · Coeur D Alene, ID · Member since 2013 · 458 posts · 295 votes
    8y

    Hey @Jean Jost, if you’d like to get together and network, I’d be happy to. Sounds like you have more experience than me, but I may be able to help connect you with local resources.  Let me know if you’d like to grab coffee and talk real estate sometime. 

  • Solo 401k Expert · Anaheim Hills, CA · Member since 2012 · 18k+ posts · 6k+ votes
    8y

    @Jean Jost

    Welcome to the BP family! Great that you joined the site! Here are some recommendations for you:

    Find and connect with other BP members that are in your area: http://www.biggerpockets.com/meet
    Set up keyword alerts to be notified of the topics that interest you: http://www.biggerpockets.com/alerts
    Read Beginner’s Guide: http://www.biggerpockets.com/real-estate-investing
    Check out BP Podcasts: http://www.biggerpockets.com/renewsblog/category/podcast/

    Wishing you the best!

  • Coeur D Alene, ID · Member since 2017 · 13 posts · 5 votes
    8y
    Originally posted by @David Clinton III:

    Hey @Jean Jost, if you’d like to get together and network, I’d be happy to. Sounds like you have more experience than me, but I may be able to help connect you with local resources.  Let me know if you’d like to grab coffee and talk real estate sometime. 

  • Coeur D Alene, ID · Member since 2017 · 13 posts · 5 votes
    8y

    @David Clinton III 

    Yes, definitely would love to catch a coffee-- I am taking your advice from other threads and attending the North Idaho REI monthly meet- up...seems pretty intense...I am pretty laid- back (even with coffee)!

    Thanks for the welcome!

  • Coeur D Alene, ID · Member since 2017 · 13 posts · 5 votes
    8y

    @Dmitriy Fomichenko thanks for the welcome!

    Love your logo!👍🏻 

  • Ronnie S.Pro Member
    Investor · Coeur d Alene, ID · Member since 2013 · 109 posts · 29 votes
    8y

    @Jean Jost Welcome to BP!!

    I have family and property in the area and like to network and talk shop.

    Happy Holidays!

  • Investor · Spring Hill, KS · Member since 2017 · 19 posts · 7 votes
    8y

    I'm totally piggy-backing this convo but would love some input from locals. I am planning on moving my family from Kansas City to Idaho. I've considered the Boise Metro area but we love the beauty of Coeur D'Alene and Northern parts of Idaho. What is the investing climate like in Northern parts of Idaho?

    I've got a few deals under my belt and would be looking to wholesale and flip. Any information or advice would be much appreciated.

  • Coeur D Alene, ID · Member since 2017 · 13 posts · 5 votes
    8y
    Originally posted by @Ronnie S.:

    @Jean Jost Welcome to BP!!

    I have family and property in the area and like to network and talk shop.

    Happy Holidays!

    Isn't this a great area?

    Lots of good CA. folks moving up here!

    I look forward to touching base with you!

  • Coeur D Alene, ID · Member since 2017 · 13 posts · 5 votes
    8y
    Originally posted by @Paul Herman:

    I'm totally piggy-backing this convo but would love some input from locals. I am planning on moving my family from Kansas City to Idaho. I've considered the Boise Metro area but we love the beauty of Coeur D'Alene and Northern parts of Idaho. What is the investing climate like in Northern parts of Idaho?

    I've got a few deals under my belt and would be looking to wholesale and flip. Any information or advice would be much appreciated.

    Hello Paul!

    Jump right in the water is warm! -- CDA market is pretty tight, like another poster added, the surrounding areas have more to work with at any given time. Spokane outwardly seems to have a lot more action-- just out of the sheer numbers (larger population).

    We love the area but, we wouldn't be considered "locals" for at least 15 yrs....or more....or ever! ;-)

    You would be best talking to one of the experienced investors from CDA-- maybe someone else will chime in!

  • Nick BeveridgePro Member
    Real Estate Broker · Coeur D Alene, ID · Member since 2015 · 214 posts · 84 votes
    8y
    Originally posted by @Paul Herman:

    I'm totally piggy-backing this convo but would love some input from locals. I am planning on moving my family from Kansas City to Idaho. I've considered the Boise Metro area but we love the beauty of Coeur D'Alene and Northern parts of Idaho. What is the investing climate like in Northern parts of Idaho?

    I've got a few deals under my belt and would be looking to wholesale and flip. Any information or advice would be much appreciated.

    Hey Paul, 

    CDA is a beautiful place to live.  I grow up here, moved away at 18, and came running back after a few years of living in different parts of the country.  The investing climate here is very competitive, but if you have a few deals under your belt, there's still plenty of opportunities to be had.  They're just rarely ever being advertised.  I personally believe you have to "hit the streets" and market directly to owners if you want to be a successful investor in North Idaho.   

  • Investor · Spring Hill, KS · Member since 2017 · 19 posts · 7 votes
    8y

    Thanks @Nick Beveridge, that sounds very familiar to the market where I'm currently focused. The only deals I've been able to produce are a result from a direct mail campaign to motivated sellers. Being that I'm a small fish in a big pond, I'm not quick enough to score deals from wholesalers. 

    That is encouraging that you've had success in a similar fashion. Thank you for the insight. It's very helpful!

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