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4 February 2025 | 9 replies
For example, I told a landlord I could sell his property for $450,000.
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3 February 2025 | 14 replies
Throw the junk in a dumpster, and keep or sell the things of value to recoup your costs.I never want to sell anyone's belongings.
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6 February 2025 | 9 replies
Big potential downside- both a selling and buying agent are involved here and I believe they're expecting their 3% each.
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6 February 2025 | 3 replies
There will be many situations where you can help a homeowner save their home - however, in other situations they just want to sell quickly which provides a wholesale, fix/flip, buy/hold opportunity for you.
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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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4 February 2025 | 0 replies
They needed to sell after just 6 months of owning.
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3 February 2025 | 1 reply
I was sent an offering memo by a broker selling a multi-family building in an area no reasonable person would even consider affordable housing material yet the marketing materials made a point of emphasis to detail how the property would satisfy the need for affordable housing.
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2 February 2025 | 4 replies
Most also work off of call lists that are incredibly outdated, so anything you do today likely won't have an impact for a while....I received a call from an idiot on Tuesday wanting to know if I would sell a piece of land.
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5 February 2025 | 1 reply
After staging, it was sold to a retail buyer for a strong profit, demonstrating the potential for significant returns by buying from motivated sellers, renovating strategically, and selling at retail.