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All Forum Posts by: Erik Stewart

Erik Stewart has started 23 posts and replied 93 times.

Post: New from Minnesota

Erik StewartPosted
  • Rental Property Investor
  • West Fargo, ND
  • Posts 94
  • Votes 51

Welcome to BP!

There is no shortage of knowledge here on the site, learn what you need to get started and the GET STARTED! You can always learn more on the way but make sure to avoid the dreaded 'analysis paralysis'!! I am sure there is lots of opportunity in the greater Twin Cities area or wherever you choose to invest. Good luck to you and I wish you all the success!

Erik

Post: New to BP, at least in diving in

Erik StewartPosted
  • Rental Property Investor
  • West Fargo, ND
  • Posts 94
  • Votes 51

@Eric Hulstrand

Eric,

I would like to invest in the general area but a lot of investors say that the Fargo Moorhead area is hard to find deals in. I have a SFR in my home town, population 2000, that I rent out, but that is 3 hours away. I am looking for me next investments to be closer to home. Looking to start with a 2, 3 or 4 plex, eventually leading up to apartment buildings.

Erik

Post: New to BP, at least in diving in

Erik StewartPosted
  • Rental Property Investor
  • West Fargo, ND
  • Posts 94
  • Votes 51

@Eric Hulstrand

Welcome to BP! Great to have you here! There are so many experienced and knowledgeable investors on this site, I am sure you will get the advice you seek and become even more successful.  I am from the Fargo-Moorhead area. Do you invest in the smaller towns in the surrounding area of F-M?

-Erik

Post: New Member from Minneapolis, Minnesota

Erik StewartPosted
  • Rental Property Investor
  • West Fargo, ND
  • Posts 94
  • Votes 51

Welcome!

You will meet many people on BiggerPockets with the same goals. I am one of them! Good luck to you!

Post: New Member from Minnesota (seriously!)

Erik StewartPosted
  • Rental Property Investor
  • West Fargo, ND
  • Posts 94
  • Votes 51

Welcome to BP! This site is an excellent resource for learning, networking, and much more. The biggest advantage, I believe, is avoiding the mistakes you would have otherwise made without BP. You do this by taking advantage of the experience of others on this site, of which there is no shortage. Good luck Willie!

Post: New Investor From Minnesota

Erik StewartPosted
  • Rental Property Investor
  • West Fargo, ND
  • Posts 94
  • Votes 51

@Dawn Anastasi you are very welcome! I really enjoyed your interview on the podcast and learned a lot! Hope all is well for you in Milwaukee!

Post: New Investor From Minnesota

Erik StewartPosted
  • Rental Property Investor
  • West Fargo, ND
  • Posts 94
  • Votes 51

Thanks @Ramon Jenkins! How do you like the Milwaukee Area? It seems like a great place to invest. I recently listened to the BP Podcast Show 29 with Dawn Anastasi. You should give it a listen if you haven't yet, it's excellent!

http://www.biggerpockets.com/renewsblog/2013/08/01/bp-podcast-029-peer-to-peer-fix-hold-dawn/

Post: New Investor From Minnesota

Erik StewartPosted
  • Rental Property Investor
  • West Fargo, ND
  • Posts 94
  • Votes 51

Thanks everyone for the welcome and I wish you all success in your endeavors!

Post: New Investor From Minnesota

Erik StewartPosted
  • Rental Property Investor
  • West Fargo, ND
  • Posts 94
  • Votes 51

@Mark Suedbeck

Thanks! Glad to be here! How do you like the Mankato area? I have actually never been there, but a lot of friends attended college there. Do you live in one side of the duplex?

Post: New Investor From Minnesota

Erik StewartPosted
  • Rental Property Investor
  • West Fargo, ND
  • Posts 94
  • Votes 51

@Chris Schady Thanks! Glad to be here!

@Aaron Carter What kind of health care are you in? I like the field but I am looking to move into full time investing when my rentals can support it. Bemidji is a great area! I stayed up there in a cabin on Lake Bemidji over the 4th of July. It was beautiful but the smoke from Canadian wild fires put a little bit of a damper on the holiday!

@Kyle Soderman Thanks! I am trying to absorb as much as possible. For my first home I simply used an FHA loan which only required a small percentage for a down payment, but has a slightly higher interest rate and PMI (private mortgage insurance). I had very little credit history but I convinced my Mom to Co-sign for me. I am proud to say that is the only help I needed from her, never had a late/missed payment! Thanks for the question!