Robert Frazier
$35k reasons you should always use experienced agents for real estate purchases.
27 January 2025 | 2 replies
There is a narrative among real estate investors that they can go it alone and just need someone to do the paperwork when it comes to negotiating deals. Most deals I work, I find that the most inexperienced party in a...
Basit Siddiqi
Experienced SFH Investor: Next Steps?
21 January 2025 | 6 replies
Hello everyone, I am reaching out to the BP Community for suggestions.My Portfolio100% owner of 7 SFH PropertiesGP in about 30 SFH properties(of which I own somewhere between 25% to 50%)All but two properties are managed by a PM CompanyNet worth of the above is about $2,000,000 - $2,500,000My IssuesI have many SFH's - Which take up time(Currently spending time paying property tax and insurance, requesting quotes on insurance policies and overseeing the PM Company(approve rent increases, approve renovation projects, etc).They also take up head-space(having to remember property addresses, remembering when property taxes are due)(I have reminders/systems but something I would like to reduce)Goals1) Spend less time on Real Estate2) Free up head-space2) Make $240,000 annually from real estate(Which I think is not to hard if I can increase my net worth and can get an 8% return)Possible Solutions1) Sell all the SFH's and buy 4-Unit Properties to take advantage of conventional financing2) Sell all the SFH's and buy one large apartment complex3) Sell al the SFH's and invest in syndications4) Sell all the SFH's and purchase stock / bonds5) Continue to hold all the SFH's6) Any other suggestionsOther Considations1) Should I consider private notes?
Eddie Lozada
Turnkey properties in these states!
8 January 2025 | 11 replies
If interested in adding another state / city to the list I am happy to connect - but hopefully this is irrelevant and you are already progressing along well with your purchase!!!!
Greg P.
Small Multi Family Coaches/mentors? 2-4 units.
24 January 2025 | 22 replies
If you feel the need for in-person mentorship, reach out to prominent local investors and try and strike a deal to learn from them.
Melanie Alzugray
Newbie Investor looking at Kissimmee, Florida
17 January 2025 | 3 replies
I have helped dozens of BP members purchase and sell STR homes near Disney.
Joshua Simmons
Introduction to myself
20 January 2025 | 8 replies
Wanted to reach out and congratulate you guys on your journey and wishing you the best.
Chinku Chinku
Need Advice on refinance and long term plan (First Time Investor)
23 January 2025 | 8 replies
@Chinku Chinku how is paying the loan balance down going to help you reach your goals?
Arun Maheshwari
Investment property in Houston
22 January 2025 | 9 replies
Rentals are tough based on the rents vs the purchase price of homes out there.
Jasmine Thermitus
Primary to Rental Property
15 January 2025 | 15 replies
Quote from @Jasmine Thermitus: Hello Everyone,I recently moved from Boston to North Providence and purchased my first property.
Brett Coultas
New member introduction and host financial question
21 January 2025 | 8 replies
So, make sure YOU understand the copy & paste info below:Recommend you first figure out the property Class you want to invest in, THEN figure out the corresponding location to invest in.Property Class will typically dictate the Class of tenant you get, which greatly IMPACTS rental income stability and property maintenance/damage by tenants.If you apply Class A assumptions to a Class B or C purchase, your expectations won’t be met and it may be a financial disaster.If you buy/renovate a property in Class D area to Class A standards, what quality of tenant will you get?