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10 February 2025 | 1 reply
I would like to continue using my excavation company and network of contractors as a vessel to push deeper into this realestate thing.
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7 February 2025 | 13 replies
In 2021, my company earned just under $1,000,000 in net revenue and I personally pocketed about $325,000.
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30 January 2025 | 6 replies
You could also use "Doug's LLC and/or assigns" where Doug's LLC is your hypothetical company.As for the assignment contract, you can get one from an attorney for probably less than $1,000, you can also make a friend at a title company, they probably have a template they could give you.
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24 January 2025 | 12 replies
I am pissed at the company and in search for a decent management company at this point.
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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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23 January 2025 | 52 replies
The true censorship now is basically anything that makes the company looks bad, and that's not for the best of the forums.
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8 February 2025 | 6 replies
The premiums didn’t make sense compared to the other options I found for the two properties I moved off this policy, nor did they align with the rates I have for other properties in my portfolio that are not on this policy.I’ve shopped this policy extensively across multiple companies and brokers.
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4 February 2025 | 7 replies
However, that was a fluke.Warranty companies are in the business of making money.
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3 January 2025 | 4 replies
My wife and I also own the only interior design company specifically for real estate investors, Ivory Home.
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30 January 2025 | 8 replies
Quote from @Simon Packman: Quote from @Tanner Pile: @Simon Packman What company do you use?