
23 January 2025 | 5 replies
Quote from @Olga Daisel: @Randall AlanI agree with Randall on getting more details, $7K gross a unit btw is a great gross income.

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?

21 February 2025 | 28 replies
I'm in connections with a 4 unit owner.

13 January 2025 | 8 replies
I am using TurboTenant and self managing the Nomad property.

22 January 2025 | 8 replies
House hacks are fairly straightforward regardless if the units are separately metered.

27 January 2025 | 1 reply
For example, avoid wasting time comparing new construction with sun-soaked windows to basement units with stained drop ceilings.

29 January 2025 | 7 replies
This criteria is for 1-4 and 5-8 unit programs.

7 January 2025 | 0 replies
Or maybe you finally want to purchase a multi-family complex / self-storage facility / car wash, etc.

29 January 2025 | 18 replies
It is a very competitive market and units in the tens of thousands.

31 January 2025 | 7 replies
In my experience, cost segregation studies are a lot less than $10-15k especially for smaller properties (6 units and below).