Skip to content
×
Pro Members Get
Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
ANNUAL Save 16%
$32.50 /mo
$390 billed annualy
MONTHLY
$39 /mo
billed monthly
7 day free trial. Cancel anytime
×
Try Pro Features for Free
Start your 7 day free trial. Pick markets, find deals, analyze and manage properties.
All Forum Categories
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

All Forum Posts by: Derek Dame

Derek Dame has started 3 posts and replied 98 times.

Post: Bismarck REA Meetings

Derek DamePosted
  • Investor
  • Bismarck, ND
  • Posts 100
  • Votes 31

I have been using Bisman and Craigslist. Thanks for the tips. I plan on getting into more properties also. I would like to use the BRRRR strategy. However, I have found it somewhat difficult to find a duplex that could have a value adder by renovating it. My goal is to add 1 property a year if I can do the BRRRR strategy properly. I also want to be able to provide my retirement through rental properties. I am not anticipating social security to be there when I retire.

Post: Bismarck REA Meetings

Derek DamePosted
  • Investor
  • Bismarck, ND
  • Posts 100
  • Votes 31

@Joe Snustad We just closed on our over/under 2 weeks ago. I haven't filled the upper unit yet. Do you have any tips on finding the right tenants? What are you plans for future expansion, if any? How long have you been investing?

Post: Bismarck REA Meetings

Derek DamePosted
  • Investor
  • Bismarck, ND
  • Posts 100
  • Votes 31

@Josh Renz My fiance and I just closed on our first MF rental 2 weeks ago. Are you looking into a owner occupied MF or SFH house hack? I can't find too many SFH in the area that would be profitable as a rental. I have seen some value in flipping.

Post: Bismarck REA Meetings

Derek DamePosted
  • Investor
  • Bismarck, ND
  • Posts 100
  • Votes 31

Hi @Josh Renz

What type of RE do you invest in? I would like to know everyone's thoughts on the stability of the market here in Bismarck. It seems like the market is becoming more saturated to me. Thoughts?

Post: Bismarck REA Meetings

Derek DamePosted
  • Investor
  • Bismarck, ND
  • Posts 100
  • Votes 31

Thanks for the quick reply @Joe Snustad. I would be interested in attending if one were started also. I have been reading forms on BP and listening to podcasts pretty religiously. What type of RE do you invest in?

Post: Bismarck REA Meetings

Derek DamePosted
  • Investor
  • Bismarck, ND
  • Posts 100
  • Votes 31

Hi everyone!

I am a new REI in the Bismarck community. I was wondering if there are any meetups or REA meetings that a newbie would be able to attend? I am also looking at networking with local REI in Bismarck or Fargo via BP or face to face meetings. Let me know if you would like to meet up sometime!

Post: Newbie in North Dakota!

Derek DamePosted
  • Investor
  • Bismarck, ND
  • Posts 100
  • Votes 31

@dustin 

@Dustin Smith Brenyn graduated a year ahead of me in High School. I am from Walhalla originally and I am now in Bismarck.

Post: Newbie in North Dakota!

Derek DamePosted
  • Investor
  • Bismarck, ND
  • Posts 100
  • Votes 31

@Dustin Smith Who do you all know from Walhalla?