New member from Gilbert, Arizona

New Member Introductions
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New member from Gilbert, Arizona

Andrew DausPro Member
Rental Property Investor · Gilbert, AZ · Member since 2019 · 43 posts · 21 votes

Hello BiggerPockets Community!

My name is Andrew Daus, and I'm new to real estate and currently living in Gilbert, Arizona. I don't currently have any background in real estate, but I've been listening to lots of episodes of the BiggerPockets Podcast and I'm eager to get started investing in real estate! Originally from Springfield, Missouri, but moved to Arizona for my Master's degree in hydrology, I am currently working as a hydrologist for a water resources engineering firm in Tempe.

My current goals in real estate are to start out by BRRRRing SFHs, work up to BRRRRs for small multifamily properties, and eventually get into larger multifamily investing. I'm currently looking in the Phoenix Metro area (Phoenix, Glendale, Scottsdale, Chandler, Gilbert, Mesa, Tempe, Queen Creek, etc.) as well as within a 2-hour or so drive from Gilbert (Tucson, Flagstaff, Florence, Prescott, etc.) So any thoughts you have on those markets would be much appreciated!

I actually found BiggerPockets after someone had mentioned that I should rent out the spare bedrooms in my house to help cover the mortgage. After Googling this for a bit, I came across house hacking, and research on house hacking brought me to BiggerPockets!

I've saved up approximately $35,000 to put towards real estate. My plan is to network on BiggerPockets with agents, conventional and hard money lenders, property managers, contractors, and other investors to try and form mutually beneficial relationships. I look forward to becoming more active in the forums, asking thoughtful questions and trying to answer the questions that I can.

Feel free to ask me questions and I look forward to your responses and becoming an involved member of BiggerPockets!




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Marlen Weber
Specialist · Plano, TX · Member since 2020 · 2k+ posts · 861 votes
6y

Best of luck crushing your real estate goals. You're on the right track listening to podcasts and being active on here  connecting with industry professionals. 

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  • Marlen Weber
    Specialist · Plano, TX · Member since 2020 · 2k+ posts · 861 votes
    6y

    Best of luck crushing your real estate goals. You're on the right track listening to podcasts and being active on here  connecting with industry professionals. 

    2Reply
  • Geoff Husa
    Rental Property Investor · Tempe, AZ · Member since 2020 · 75 posts · 39 votes
    6y

    @Andrew Daus welcome. I too am fairly new here in the BP arena. I'm a native of Tempe. Also a total noob at REI but havee been poring over podcasts, blog posts, forums, real estate sites, etc for the last couple months. I too am super interested in BRRRR and hoping to get started next May/June with about $35k or hopefully a bit more. Looking forward to following your REI journey and learning together.

    2Reply
  • Amit Kochhar
    Member since 2020 · 3 posts · 2 votes
    6y

    @Andrew Daus and @Geoff Husa I'm also looking to invest in the Same areas. However am leaning towards buy and hold MF for now rather than BRRRR. I Currently live in LA so am hoping to come and check out the Phoenix market in the near future. Plan to purchase at least one property before the end of the year if we can find right property. I look forward to seeing big things out of you both!

    2Reply
  • Shiloh LundahlPro Member
    Rental Property Investor · Gilbert, AZ · Member since 2016 · 3k+ posts · 4k+ votes
    6y

    @Andrew Daus Welcome to BiggerPockets.  It is a great website and platform to share and learn. Also, it is a great website to network with local investors.  If you are interested, I host a meetup every month in Mesa.  Here is a link to my next meetup: https://www.biggerpockets.com/...

    480-206-1209Podcast Guest on Show #287
    1Reply
  • Dmitriy Fomichenko
    Solo 401k Expert · Anaheim Hills, CA · Member since 2012 · 18k+ posts · 6k+ votes
    6y

    Welcome to the BP family @Andrew Daus ! This is a great place to learn and to meet people so take advantage of all the great resources.

    If you wish to tag someone in the conversation on the forum, type @ followed by their name and then select the name of that person which should appear below the comments box. He or she will be notified of being tagged so that the conversation will continue.

    Best of luck here at BP Nation!

    2Reply
  • Andrew DausPro Member
    OP
    Rental Property Investor · Gilbert, AZ · Member since 2019 · 43 posts · 21 votes
    6y

    @Marlen Weber Thank you! Hope you have already crushed some real estate goals and are creating new ones!

    1Reply
  • Andrew DausPro Member
    OP
    Rental Property Investor · Gilbert, AZ · Member since 2019 · 43 posts · 21 votes
    6y

    @Geoff Husa Thank you! I actually lived in north Tempe (McClintock and Apache) for about two years before moving out to Gilbert to buy my first home. I liked living 5 minutes from ASU's campus as that meant good bars and restaurants were nearby. Looking forward to learning together too!

    0Reply
  • Andrew DausPro Member
    OP
    Rental Property Investor · Gilbert, AZ · Member since 2019 · 43 posts · 21 votes
    6y

    @Amit Kochhar That sounds good, thanks! Looking forward to seeing big things out of you too!

    0Reply
  • Andrew DausPro Member
    OP
    Rental Property Investor · Gilbert, AZ · Member since 2019 · 43 posts · 21 votes
    6y

    @Shiloh Lundahl Thanks! Yep, that's why I'm here! I am definitely looking for meetups and to learn more about the local REIA's, so I'll be sure to check your meetup out.

    0Reply
  • Andrew DausPro Member
    OP
    Rental Property Investor · Gilbert, AZ · Member since 2019 · 43 posts · 21 votes
    6y

    @Dmitriy Fomichenko Thank you! And thanks for the tagging tip! I figured with the "@"  was the way to tag someone so they get notified, but I wasn't sure.

    0Reply
  • Lisa Shows
    Member since 2020 · 14 posts · 15 votes
    6y

    Hi Andrew, my name is Lisa and I live in Flagstaff.  I am new to learning about real estate investing and am interested in chatting with other folks in AZ who are looking to invest here.  Flagstaff properties don't seem to be that great of a deal, so I am curious about Phoenix and other areas of the state. I have just started listening to a lot of the podcast episodes as well and I am excited to begin investing when I feel ready enough to not lose all my money. :)  Thanks for posting! 

    1Reply
  • Shiloh LundahlPro Member
    Rental Property Investor · Gilbert, AZ · Member since 2016 · 3k+ posts · 4k+ votes
    6y

    @Lisa Shows great deals are usually not easy to find if there are a lot of people in your area looking for them. So whether it is in Flagstaff, or Phoenix, or Tucson, or any of the smaller cities in Arizona, most real estate is being sold at market value. In order to find great deals nowadays, investors need to have sources of finding under valued properties or figure out a way to force appreciation to make it a great deal. The same in Phoenix. The same in Flagstaff. 

    If you haven’t connected with investors in your area that are making money investing in real estate yet, I would encourage you to do so.

    480-206-1209Podcast Guest on Show #287
    2Reply
  • Lisa Shows
    Member since 2020 · 14 posts · 15 votes
    6y

    Thanks @Shiloh Lundahl, yes, sounds right to me. I am joining the Flagstaff REI meetup and am probably looking to invest in other markets.

    0Reply
  • Bryan Noth
    Realtor · Austin, TX · Member since 2016 · 1k+ posts · 1k+ votes
    6y

    Welcome @Andrew Daus!

    1Reply
  • Jesse Daconta
    Rental Property Investor · Newport News, VA · Member since 2018 · 264 posts · 130 votes
    6y

    Hey,

    Random question: Do you work with a guy name Joe Daconta? lol

    Best,

    0Reply
  • Andrew DausPro Member
    OP
    Rental Property Investor · Gilbert, AZ · Member since 2019 · 43 posts · 21 votes
    6y

    Hi @Lisa Shows, glad to meet another AZ newbie! Looking forward to beginning this journey myself and I hope you are too. Thanks for commenting!

    0Reply
  • Andrew DausPro Member
    OP
    Rental Property Investor · Gilbert, AZ · Member since 2019 · 43 posts · 21 votes
    6y

    Thank you @Bryan Noth!

    0Reply
  • Andrew DausPro Member
    OP
    Rental Property Investor · Gilbert, AZ · Member since 2019 · 43 posts · 21 votes
    6y

    Hi @Jesse Daconta, I don't haha. I always thought my last name wasn't that common, but perhaps it's a bit more common than I thought if you know another Daus!

    0Reply
  • David Avery
    Flipper/Rehabber · Phoenix Arizona · Member since 2020 · 1k+ posts · 686 votes
    6y

    Andrew, I have a pretty experienced contractor in my hip pocket.  

    Finding good deals here is pretty competitive.

    Getting a great down payment, money source, and earnest money ready in an hour is KING!  Cash talks in buying properties, sellers want their money quick and easy, no loans , if your contractor can save you all the inspection delay great!

    Deals here go in hours not days,  tons of wholesalers, tons of properties for sale, if the deal is great the wholesaler is keeping the deal! 

    But big money in this area . Lots of people moving here daily, lots of tech jobs here. Lots of California , and Nevada people moving here.

    Great job you have, great city that you live in, One of the best in the nation!  I'm in San Tan just 20 minuets away.

    Pick every ones brain and get a great R.E. agent to direct  you so don't make any really bad decisions!

    Good luck

    dave

    1Reply
  • Andrew DausPro Member
    OP
    Rental Property Investor · Gilbert, AZ · Member since 2019 · 43 posts · 21 votes
    6y

    Hi @David Avery, thank you for all of the advice, I appreciate it!

    0Reply
  • Andrew DausPro Member
    OP
    Rental Property Investor · Gilbert, AZ · Member since 2019 · 43 posts · 21 votes
    6y

    Hi @Account Closed, thank you for the words of support, I appreciate it!

    0Reply
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