All Forum Posts by: Tom Wagner
Tom Wagner has started 34 posts and replied 324 times.
Post: Twin Cities House Hacking / Real Estate Investing Meetup
- Real Estate Agent
- Minneapolis
- Posts 338
- Votes 219
Cancelling this meetup, moderators please delete this thread
Post: Twin Cities Sub-Institutional Commercial Real Estate Meetup
- Real Estate Agent
- Minneapolis
- Posts 338
- Votes 219
Cancelling this meetup, moderators please delete this thread
Post: Hello From Minnesota
- Real Estate Agent
- Minneapolis
- Posts 338
- Votes 219
Hi Christopher, welcome! If you are free on Thursday I am hosting a real estate meetup in Edina:
https://www.biggerpockets.com/forums/521/topics/1174307-twin...
Post: Twin Cities House Hacking / Real Estate Investing Meetup
- Real Estate Agent
- Minneapolis
- Posts 338
- Votes 219
Looking forward to seeing everyone on Thursday!
Post: Twin Cities Sub-Institutional Commercial Real Estate Meetup
- Real Estate Agent
- Minneapolis
- Posts 338
- Votes 219
Quote from @Loren Martin:
Hi Tom, I’d be interested in your event. I’m interested to learn more about investing in the commercial space. I really don’t know my travel schedule that far out but I’m reaching out to make a few more connections as I’d like to get my feet under me investing a bit more. It looks like maybe you were out on the East coast but are now in Minnesota, is that right? Welcome!
Post: Twin Cities Sub-Institutional Commercial Real Estate Meetup
- Real Estate Agent
- Minneapolis
- Posts 338
- Votes 219
The riches are in the niches. In this meetup we will focus on investing in assets likely too big for most individual investors, but too small to draw the attention of larger commercial funds and institutional investors.
For example: 5-20 unit multifamily buildings, strip malls, industrial and more.
RSVP and join the meetup group here:
https://www.meetup.com/twin-cities-sub-institutional-commerc...
Post: Twin Cities House Hacking / Real Estate Investing Meetup
- Real Estate Agent
- Minneapolis
- Posts 338
- Votes 219
This is a group for anyone interested in real estate investing or house hacking in the Twin Cities. House hacking is an incredible way to build wealth and "live for free" (or close to free).
Investors focussed on real estate investing more broadly (who are not interested in house hacking specifically) are also encouraged to attend!
RSVP and join the meetup group here:
https://www.meetup.com/twin-cities-house-hacking-real-estate...
Post: Twin Cities House Hacking / Real Estate Investing Meetup
- Real Estate Agent
- Minneapolis
- Posts 338
- Votes 219
This is a group for anyone interested in real estate investing or house hacking in the Twin Cities. House hacking is an incredible way to build wealth and "live for free" (or close to free).
Investors focussed on real estate investing more broadly (who are not interested in house hacking specifically) are also encouraged to attend!
RSVP and join the meetup group here:
https://www.meetup.com/twin-cities-house-hacking-real-estate...
Post: Lots of stuck equity, what to do
- Real Estate Agent
- Minneapolis
- Posts 338
- Votes 219
@Avery Heilbron big time moves! One thing not discussed is whether you meet the 2/5 test on any of these properties to avoid capital gains? If so you could consider selling, but I'd be very hesitant to let go of those great interest rates. Dig around for the HELOC, continue piling cash flow and if your scaling is slightly slower with slightly lower ROE than what you'd like I think that is OK.
Real estate is a multi-decade marathon, not a sprint. You're going to do huge things and you are in like the top of the 2nd inning. No need to rush it!
Post: 3 MA banks for 100% LTV HELOCS!
- Real Estate Agent
- Minneapolis
- Posts 338
- Votes 219
Definitely good info to have, though important to note that most HELOCs require owner occupancy. And I've also heard that Signature Federal Credit Union does 100% LTV.