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1 February 2025 | 11 replies
Management & Automation: For those managing remotely, what tools, software, or systems do you rely on?
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25 January 2025 | 4 replies
Use bullet points or # system so it's clear what you want done.
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1 February 2025 | 12 replies
Quote from @Eduardo Perez-Borroto: Since the HELOC was not used on improving the home you cannot deduct the interest, nor use that to offset your capital gain.Would adding a battery bank system to my solar panels count as home improvement?
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13 February 2025 | 14 replies
A good company will have you fill out some easy online paperwork asking you some details about the doors, and they can get you transitioned into their system in 1-2 days, including reviewing your leases and notifying tenants about the change in management.
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24 January 2025 | 9 replies
And the favor is please mark me in your system as do not call.My wife has started doing the same and it works for her as well.
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22 February 2025 | 18 replies
How many HVAC systems?
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21 February 2025 | 9 replies
A hard pull allows a lender to run your file through an automated underwriting system to determine whether or not you're pre-qualified.
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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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12 February 2025 | 3 replies
The $50k for the 1st year of flipping, to flip 10 homes with just $50k makes no sense to me, even if you have systems and are on-site.