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...

Hello BP Community,As I've been in school I have had the opportunity to travel quite a bit internationally. Having a huge interest in international markets and soon to be career in real estate, I am usually having que...

Hello All,Recently purchased a duplex in South Minneapolis. I want to save on remodel cost and put as much sweat equity as possible. The property really isn't in bad shape and in a prime location (couple blocks away f...