
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?

4 February 2025 | 6 replies
They just keep snaking it every time there is an issue.
31 January 2025 | 6 replies
On Auction.com properties, it reads that it requires 100% funds due at a time of sale in cashier’s check, but time of sale is a little unclear for me.

4 February 2025 | 10 replies
Many times a lender buys a property back at a sheriff's sale/auction where they are selling properties as part of a foreclosure.

29 January 2025 | 5 replies
Anyone have some good tips for wholesaling around a full time job?

12 February 2025 | 8 replies
I recently completed one on a multifamily property and found it to be a cost-effective approach.That said, there are a couple of additional factors to consider beyond the code differences between a garage conversion and new construction:Coastal Overlay Zones – If your property is in a coastal overlay, building a ground-up ADU may require Coastal Commission review, which can add time and complexity to the process.

6 February 2025 | 2 replies
The problem with taking on a second property that needs work when you already have one is when major things break in both at the same time.

2 February 2025 | 9 replies
Have you taken the time to search AirBNB and VRBO in those specific areas to see how many STRs are operating?

27 February 2025 | 10 replies
He is currently into a 3 months out of a yearly lease.Upon moving in, he has not been able to pay the once month on time.

31 January 2025 | 2 replies
Currently, I have a weekly check in with my current contractor, but alot of time it is a chasing game.