Hello, I joined this platform to connect with people in real estate that are wholesalers and cash buyers. I'm new to wholesaling and I want to build a network of people who are interested in working with me on this wholesaling journey! Dm me if you are interested!
Hello all, I am looking into purchasing my first property. I plan on purchasing a single family with a conventional loan and living in it for 1-2 years. While there, I will renovate, mostly cosmetic, and then most likely flip. Depending on the market at the end of the 1-2 years, I could rent it o...
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 ...
Does anyone has experience working with "The Lender" to finance a short term rental property? When we spoke to them last week, they mentioned that they can easily do 20% down with no experience needed as being a host. I know there are plenty of lenders that will do 25% down but 20% was what caugh...
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...
I have several properties, been doing this a while- also work a full time job. i've never gotten a home warranty. i don't like to pull insurance claims except for catastrophic. I will eat out of pocket costs- water heaters etc. it turns out that one of my buildings has two furnaces that are older...
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...
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...
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...
Good Morning! I was wondering if anyone here had successfully used a hard money loan to finance an STR? If so, is there someone you recommend that services Twin Cities, Minnesota? Also, please tell me if If there is a reason I should avoid them or if there is something better that I don't know ab...
Hello everyone. Doing a remodel on a 750sqft unit and am curious on what people use to haul the demo away? Doing a lot of DIY especially demo. What’s the typical cost for a dumpster? Are their cheaper options? I got a quote for using an 11yard for 2 days for $400. Seems extremely high but maybe i...
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...
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...
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...
I ranked all ten Minneapolis communities by duplex appreciation over 11 years, and the ranking is close to inverse to price. The method is below, then the numbers, then where I think it breaks. Tell me what I got wrong. THE DATA 5,984 closed duplex sales in Minneapolis, October 2012 through Octob...
I ranked all ten Minneapolis communities by duplex appreciation over 11 years, and the ranking is close to inverse to price. The method is below, then the numbers, then where I think it breaks. Tell me what I got wrong. THE DATA 5,984 closed duplex sales in Minneapolis, October 2012 through Octob...
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...
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,...
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...
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...
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...