Hey all, I've been studying real estate for about 2 years and just finally was able to put together my first deal. I found a nice townhouse in Flagstaff, AZ about a mile off off the NAU campus. I know personally that ...
Hello all,I am just starting to look for deals in the Twin Cities area, and it seems that most buy and hold properties fall well below the 2% threshold in the Metro area and quite a bit beyond. (I will confess here: I...
Hey everyone, new to rentals on my end. Im struggling to get my cash on cash over 9% when evaluating 15 year mortgages. I'm looking to build my portfolio of rentals using only 20% down for each. I have solid job incom...
A friend of mine had a disgruntled tenant who they were about to evict. The tenant poured a bag of quick cement in the toilet and has destroyed the system. Is there any kind of insurance that could have been purchased...
Good Evening BP,First, I would like to lay out the scenario, and then list the questions below. Not sure if it matters but I’m a single male in Dallas, TX with a steady salary. I am planning on getting into REI, but ...
Hi STR investors, I'm genuinely curious/interested to know if it's typical to charge your guests a cleaning fee AND also ask them to do a list of things as "checkout procedure" like stripping beds of sheets, washing ...
Hello All, I am 30 year old male, trying to eventually buy in the CA Bay Area in about 4 years but will need a massive down payment (looking at roughly 160k)). I ran my numbers, my household saves roughly 3,300 a mont...
I wanted to add another question regarding BRRRR that I can't seem to find the answer to. I called 5 portfolio lenders and all of them say that there is 6-12 month seasoning requirement for re-finance to use After Re...
Hi folks,
Hopefully a simple question.
I talked to a private lender recently and asked what typical closing costs were. I was told $5-6k, which didn't shock me too much.
Later in the conversation I asked what the...
Questions for the community about ADU builds:1) It seems that building an ADU does not add $:$ equity value to your existing property. On average, the numbers I am finding show a $0.50-0.70 equity increase per $1 inve...