Grand Forks, ND · Member since 2018 · 6 posts · 4 votes
Hey everyone!!! Nicholas Smith here and brand new to the real estate industry. I'm looking to get financially free and I am convinced that real estate is the way to go. I just went Pro today and ready to get officially started. I've been deployed for the past 6 months and on that deployment I learned about the bigger pockets podcast. The past four months I have non-stop listened to the podcast, books they recommended like Rich Dad Poor Dad, and tons of YouTube videos. I'm mainly interested in rental proprieties because of the long term effect. If anyone has advice on buying rentals in a college town in one of the coldest states in the United States, feel free to let me know. I look forward to learning everything I can to be successful in this industry.
Also shout out to Brandon Turner and David Greene for their webinar last night. I didn't watch that I probably wouldn't have taking this first step into this great opportunity. Thank you very much.
Welcome @Nicholas Smith ! My entire portfolio is in a very cold climate. What I've learned is that 1-2% deals elsewhere typically have to be 3+% deals in that market as I generally have to include heating fuel, which can be an enormous expense. My guess is it'll be a similar situation for you in ND.
Stay tuned into the podcasts and reading, keep your nose to the grindstone and you'll do well.
Welcome! Way to go, Nicholas, Laser focused is the way to go. I am a Commercial Loan Broker if you need any assistance to let me know to see how I can help!
Hi Nicholas, I just went Pro yesterday after Brandon's Webinar. I'm not exactly new to RE investing, and had some successes, but also easy to get a little burned. So I've been out of the action and now itching to get back in -- , so -- I feel pretty new, a lot changes in a few years. Looking forward to knowing you better, and to our success!