Ray Mulli
Where have all the Twin Cities Minnesota Rehabs gone?
So I have been talking to fellow investors in Minnesota and the once hot rehab market has dried up! Yet I'm still seeing 'cash buyer' signage when driving around.I welcome observations from others in Minnesota. We are...
Tim Jones
Lemons or lemonade; what do you think?
Hello BP!Looking for a little feedback on my first REI deal. Background: Joined BP last year, read a lot of books, and listened to all the podcasts. Got my wife involved (she's the smart one) and we got a HELOC on our...
Mario Morales
Heloc, why is it better if you have to eventually refi to pay it back, in some cases.
For the purpose of buying properties, is it pretty common to take out a HELOC for 100K or so, and pay it back within 10 years, without a cash out refi? I mean, if the most common path towards HELOC repayment is refina...
Sebastian Roy
House hack parnership??
Hey everyone,
I'm curious about some different ways to structure a partnership with a house hack, if I would live there and they would not. In this case, the property would likely not cashflow so what is in the deal ...
Jessica Aldakar
Must Live in 2-4 unit to rent?!
Hi everyone, Looking for help in better understanding Chicago's ST regulations on 2-4 story units. Is it true that even if one owns the entire multiplex, they can only STR if they occupy one of the units? That would r...
Courtney Mercier
High Yielding STR w/ Tons of Equity and Tons of Renos/Repairs - KEEP OR SELL?
Hi - Looking for advice. I have a home that is an STR in a highly desirable tourist destination. It does VERY well with STRS and has a ton of equity as I bought it in 2015 and the value has skyrocketed. It is also ver...
Andrew Kennedy
Scaling with mortgages question
I keep reading stories where people start off with a property per year, then I hear people purchasing a property every month. Between a person and their spouse, they can only have a max of 10 mortgages. So what do peo...
Rudy Manna
Latest BRRRR in Tacoma
This is one of our latest BRRRR in Tacoma. Overall the project turned to be pretty good, according to bank appraisal we have 40k+ (20%-25%) walk-in equity. $1450 rent versus total cost of 157K , just shy of 1% (0.93%)...
Andrew Lorei
Rental in Minneapolis
Hello BP,This is my first post 😀I am planning to purchase a college rental property by the University of Minnesota (likely on the east bank/Como area for Minnesotans). I will be partnering with one other guy on the de...
Keith Sharrah
need tips to sell a house quick
I am a rehabber who tries to stay in the first time home buyers price range around 99,000 to 145,000 sell price. I came across a property I could not resist. It is a 3000 sqft house on a canal that leads out to an ope...