Hello! Future first-time landlord here, about to start shopping for multi-family rentals in the Twin Cities. Before I buy, I’m trying to learn from people who’ve already been through this. For those of you self-managing 1-5 units: how do you currently find contractors you trust (plumbers, electri...
Hey everybody, I’ve been interested in real estate since 2022 and started off wholesaling. I haven’t gotten too far with that, but I’ve learned a lot throughout the years. I'm now looking into getting my first property sometime next year, but I'm in no rush and want to make sure I take the right ...
Hi BP Community! I’m looking for a Minnesota broker, preferably in the Twin Cities area, who is comfortable sponsoring an agent whose business is focused primarily on residential property management rather than traditional sales. I have property management experience, an existing small portfolio,...
Hello community! Currently have one duplex in NE Minneapolis MN and have been using google spreadsheet to keep track of books, financials, property details, etc...Anyone have an app or software they use that is user friendly and can keep track of everything in one place? We have a business credit...
Hey all, I'm a new investor looking for leads on potential flips/BRRRR properties. I've joined a few Facebook groups and I'm on Zillow a little too often, but in my experience, the best opportunities often come from the right connections. So here's my ask: 1. Where have you found opportunities to...
Stop Making Extra Mortgage Payments Dave Ramsey has built an entire empire telling people to buy real estate with all cash, or—if they already have a mortgage—to throw every spare dollar they have at paying it off as fast as humanly possible. And honestly? For a lot of people, that is actually fa...
Hey guys Wondering if anyone can suggest any complete CRM solution for the entire process of getting leads in, forecasting deals, rehabbing properties (costs and potential money on the deals), flipping back on the MLS or renting. Basically, we are using emails and google sheets and its becoming t...
Hello! Future first-time landlord here, about to start shopping for multi-family rentals in the Twin Cities. Before I buy, I’m trying to learn from people who’ve already been through this. For those of you self-managing 1-5 units: how do you currently find contractors you trust (plumbers, electri...
Hello! Future first-time house hacker here, about to start shopping for multi-family rentals in the Twin Cities. Before I buy, I’m trying to learn from people who’ve already been through this. For those of you self-managing 1-5 units: how do you currently find contractors you trust (plumbers, ele...
Hey everyone! Excited to officially join the BiggerPockets community. I’m a mortgage lender and spent a lot of my career focused on conventional financing, but over the last few years I’ve really dug into the investor side of lending, especially DSCR loans and other investor-focused products. I a...
What does it really take to transform a 135-year-old building with a complicated past into a boutique hotel? Join Ladies Investing for Tomorrow (LIFT) for a behind-the-scenes look at the renovation and redevelopment of an 1890 property being transformed from a former halfway house into a boutique...
Hello! Future first-time landlord here, about to start shopping for multi-family rentals in the Twin Cities. Before I buy, I’m trying to learn from people who’ve already been through this. For those of you self-managing 1-5 units: how do you currently find contractors you trust (plumbers, electri...
Here is the problem with Airbnb investing. When interest rates went up in early 2022, I noticed a huge influx of people coming to me wanting to invest in short-term rentals. Then all of a sudden, mid-term rentals were all the rage. I probably consulted with two people a week in 2022 and 2023 who ...
If you have professional photos and you're priced correctly, there is no reason to have more than two-months of vacancy between April and September in most of the Twin Cities market. My number one piece of advice for avoiding vacancy is market timing. I never allow tenants to go month-to-month, a...
If you're buying or selling a duplex, triplex, or fourplex in the Twin Cities, choosing the right real estate agent can have a much bigger impact on your outcome than most people realize. The truth is, most people hire the wrong agent for the job. And honestly, you can barely blame them. There ar...
In a sea of thousands of Realtors, here's the unique value I think I provide: On an average workday, I probably spend 75% of my time helping my current clients and easily 25% helping my past clients. It doesn't matter how long ago I helped you buy or sell a property. I have an open-door policy. C...
Join ReBL Collective and the Twin Cities Short Term Rental Investing Group in August! Thinking about investing in Airbnb but not sure if you'd self-host or bring in help? Join us for a panel discussion breaking down what it really looks like to hire a property manager or co-host versus running yo...
Hi everyone, I'm brand new here it's nice to meet you all. My wife and I have been talking about buying property to build a short term rental cabin on in central Minnesota. We have a property in mind, it has an abandoned cabin on it now that would need to be torn down. We know who owns the proper...
Hey, I'm Sam! I want to buy my first investment property, but I'm so afraid I'll mess it up. I've been interested in real-estate for a few years, but for the first time, I find myself in a place where I think it could actually be possible. I have a few grand in cash set aside and a little equity ...
Hello everyone! I wanted to share my own success story. My first property purchase was in 2019 and back then my net worth was about $40,000. I grew my portfolio reasonably fast by continuing my work as an insurance adjuster, redeploying growing equity (into more purchasing), and driving Lyft afte...
Hello I am new to BP again. Been in MF since 2002 with over 250M under management at one time. Looking for other investors in area and not trying to advertise but need to explain who I am. Assist large of small acquisitions, broker and GC.
For a fist RE property. Is it better to take a turn-key small $175 class B house with existing tenants/lease/mgmt or buy a new-build $400k class A and rent out my $450k primary? I'm approved for both. Seems like the new build may have more hassle with getting tenants and systems in place? Thought...
I'm here to learn how the Real Estate Investor Business works so that I can move into DSCR and BRRRR as a niche loan originator. I work for a small brokerage in Minnesota. I do TikTok Lives to talk to Real Estate investors but I have learned that this is also a great way to pick up information on...
Hello all: Looking for a CPA recommendation — Minnesota-based (Minneapolis area) or comfortable working virtually with MN clients. Quick context on my situation: - One short-term rental (Airbnb), managed by a property manager at a 20% fee - W-2 employee on the side, so I need someone who understa...
Join Ladies Investing for Tomorrow in August! Event Details As a real estate investor or landlord, the documents you sign can either protect your wealth or create expensive problems down the road. From purchase agreements and leases to operating agreements and financing documents, knowing what to...