All Forum Posts by: Gurleen B.
Gurleen B. has started 10 posts and replied 36 times.
Post: Rookie Bootcamp vs Short-Term Rental Bootcamp
- Posts 38
- Votes 8
Quote from @Account Closed:
Hi @Nick Purslow, I manage our bootcamp program at BiggerPockets. I think you could get away with either bootcamp, but it sounds like Rookie might be a slightly better fit—our Short-Term Rental bootcamp is pretty hyper-focused on STRs, and won't really talk about other investing strategies.
That being said, we do have a 30-day refund period—if you start with STR and decide it's not the right fit within those first 30 days, we could switch you over to Rookie. Hope this helps!
Hi Stephanie! I'm in a similar boat, I am not sure if it would be better for me to do the Rookie Bootcamp or the Multifamily Bootcamp.
I currently have a long-term rental and my primary residence.
Post: Hello from Chicago -- Brand New to REI
- Posts 38
- Votes 8
Quote from @Jonathan Klemm:
Hey @Gurleen B. - Welcome to the Chicago BP community! Nothing to be gunshy about here. Loads of smart people on here that are more than willing to help.
I've always found for me, that mentors have come pretty naturally by demonstrating my drive and being a genuine person.
What do you envision as your next steps on your REI journey? Let us know how we can help.
Hey @Jonathan Klemm! I am not sure yet honestly, multifamily properties seem interesting. How's the market in Illinois?
Post: Hello from Chicago -- Brand New to REI
- Posts 38
- Votes 8
Quote from @John Warren:
@Gurleen B. you are in the right place! Welcome to the forums. You should check out the Straight Up Chicago Investor's podcast if you want to find out more about what is happening in the Windy City.
Expert Perspectives on Investing in Chicago Real Estate | Straight Up Chicago Investor Podcast
I also would recommend attending local meetups, and the podcast website has one of the best lists of meetups in Chicago. I host one in the western suburbs in Berwyn if you live nearby, and there are a bunch of great ones in the city.
Chicago Real Estate Investor Meetups (straightupchicagoinvestor.com)
Thanks @John Warren, I will certainly do that!
Post: Hello from Chicago -- Brand New to REI
- Posts 38
- Votes 8
Quote from @Mark Ainley:
@Gurleen B. congrats on converting your primary to an investment. Pretty exciting. What move do you think you want to do next? I assume you will stay in Chicago?
Thanks @Mark Ainley!
You know that scene at the end of Castaway where Tom Hanks is driving in his car and he comes to a four-way intersection -- one heading North, South, East and West -- symbolizing he can go anywhere? That's me, except much better looking lol
Currently I am interested in STRs and MTRs (but not idea where) and LTRs but, again, no idea where.
Any suggestions/experience in that area?
Post: Hello from Chicago -- Brand New to REI
- Posts 38
- Votes 8
Quote from @Olivia Radziszewski:
Hi @Gurleen B.- Amazing that you are getting started! It can be very intimidating to get started in real estate. So great that you are reaching out and looking for community! If you are not already listening to podcasts and reading REI books, I would definitely get immersed in those. Facts can help battle your doubts and fear when it comes to investing. Good luck!
Hi @Olivia Radziszewski! Thanks for reaching out!! It is very intimidating but the more I talk to people the more I hear that you just have to jump head-first into REI.
Currently I am trying to learn more about BRRRR, short-term rentals and creative financing. Any podcasts or books you recommend?
I read that some individuals were able to get a mortgage with 0% down when using the BRRRR method, is that accurate/how does that work?
Thanks in advance!!
Post: Hello from Chicago -- Brand New to REI
- Posts 38
- Votes 8
Very new to the space, currently have 1 rental which used to be a primary residence. I am a bit gunshy about diving into the world of REI but I also feel a spark of passion and excitement inside me.
Want to learn as much as possible and learn from experienced and successful investors who wouldn't mind being a mentor/offer guidance!