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29 January 2025 | 23 replies
Does anyone know if buying a condo in Miami is a good idea?
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30 January 2025 | 7 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?
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11 February 2025 | 19 replies
@Jay Hinrichs my thoughts exactly, I feel they are big enough to email blast crappy deals and know someone out of 100,000 will buy it.
1 February 2025 | 0 replies
Now, I’m rebuilding my portfolio while continuing to help others buy and sell homes.
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29 January 2025 | 4 replies
Do you ever see signage near the road that says "we buy houses" call that number and have a conversation!
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30 January 2025 | 6 replies
This does not align with buying most buildings in cash.Once you progress in your investing efforts you may come across more UHNW individuals, family offices and institutions who would take the lower return for limiting risk (all cash deal).
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6 February 2025 | 5 replies
Prohibiting a landlord from using criminal history prior to a conditional offer.We're seriously considering selling and buying in another state.
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13 January 2025 | 15 replies
By year 5 we had around 55 people.We did hire a marketing person but frankly marketing wasn't our strong suit.
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31 January 2025 | 3 replies
Investment Info:Single-family residence buy & hold investment in Oceanville.
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27 February 2025 | 10 replies
I suggest you give him 10 days; if he is genuinely mentally unstable, he will melt down and might do something crazy like buy another cat.