Joshua Middleton
Seeking Feedback: Luxury Rental Investment Strategy for 4 Bed 2 Bath, Palm Coast FL
11 January 2025 | 4 replies
Palm Coast, while not as flashy as Miami, is indeed growing rapidly, with increasing interest from higher-income professionals and retirees.
Max Bellino
Online Cost Seg studies Vs Site Visits
30 December 2024 | 5 replies
Quote from @Max Bellino: I’m looking for guidance on whether it’s worth opting for a rapid report for a cost segregation study, which is less expensive than a full site visit.
Gabe Morley
New member intro
2 January 2025 | 2 replies
I would also recommend the RPOA meetings here in Grand Rapids.
Ralph Ace
Down payment with Heloc
6 January 2025 | 2 replies
Although you will be unable to combine them for a while unless the place appreciates rapidly.
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?
Scott K.
STR insurance - Proper alternatives?
8 January 2025 | 13 replies
., with the rapid rise of STRs, you will find that many insurers offer STR policies.We use Proper but it is very expensive but very comprehensive.
Michelle Hardy
Should I give my tenant a heads up before sending a 30 day vacate letter?
20 December 2024 | 4 replies
Being a normal person and giving someone a heads up has not bit me, yet.In addition to what the law requires, I always shoot the tenant a heads up either via text, call, or email.If they are mostly responding to email, then shoot them an email.Emojis and gifs work wonders in today's day in age.
Tayvion Payton
Investing in MultiFamily
12 January 2025 | 20 replies
Keep your head about you.Ask this question: 'What reasons should I walk away from this deal?"
David Jesperson
Fix and Flip First Experience
17 January 2025 | 5 replies
I felt I had a good head start since I was already a real estate agent and was very comfortable with finding comps and figuring out the ARV.
Harrison Jones
Seeking Advice: Starting Syndications to Scale a Cultural Heritage Organization
31 December 2024 | 0 replies
To achieve this, I’m planning to scale rapidly by performing a couple of syndications to acquire a larger portfolio.I currently have a portfolio of 17 properties, but to justify labor costs and create a sustainable structure, I need to expand quickly.