Skip to content
×
PRO
Pro Members Get Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
$0
TODAY
$69.00/month when billed monthly.
$32.50/month when billed annually.
7 day free trial. Cancel anytime
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
Buying & Selling Real Estate
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated about 8 years ago,

User Stats

3
Posts
1
Votes
Bob Smith
  • Real Estate Investor
  • Sacramento, CA
1
Votes |
3
Posts

Tired of flipping houses, not sure what to do next?

Bob Smith
  • Real Estate Investor
  • Sacramento, CA
Posted

I am 60 years old and tired of flipping houses, looking for what to do next.

at different times I have had up to 50 single family houses and I am sick of dealing with tenants, just the thought of another tenant makes me cringe. 

I have tried several different management companies and they just went from bad to worse, they would overcharge me until I got tired of losing money and fire them.

I still have a few properties that I need to do 1031 exchanges with because they are fully depreciated, so I would like to find something to get into where I could defer the taxes, and after selling what I have I should end up with something between $1 and $2 million to invest depending on how the sales go and how much I have to pay in taxes.

I am looking for suggestions on something that is more of a passive investment, but where I can still make a decent return, any ideas?

Loading replies...