Mark Sullivan
Add to the Portfolio or Swap
3 February 2025 | 15 replies
The struggle comes when you plan to sell, pay close attention to how the bank would treat the loan in the event you would sell.Even though its a bit more work, banks are typically open to these loans as it provides them with additional collateral in the event of default.
Elijah Newman
Starting Property Management Company
2 February 2025 | 2 replies
Should I combine the marketing of my PM company and my buy/sell RE services in one?
Cole Starin
Considering Property Sale
24 January 2025 | 5 replies
Selling your duplex could be a solid move if it helps eliminate your revolving debt and gives you a financial reset.
Cody Caswell
How to Save Thousands on Cabinetry Cost
28 January 2025 | 12 replies
I think it helps flippers as it is easy to find the purchase pricesp versus selling price.
Basit Siddiqi
Experienced SFH Investor: Next Steps?
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?
Jason Hathaway
What’s your thoughts on Owner Financing
3 February 2025 | 7 replies
For example, I told a landlord I could sell his property for $450,000.
John Lasher
How is the market where you are?
3 February 2025 | 14 replies
Simply because rates are higher, homes are not selling, and deals do not work.
Kris L.
Agent Conundrum in Dunedin
23 January 2025 | 2 replies
So I have a house I am going to be selling in a couple weeks, but I’m confused about what the agents are saying.
Laura S.
Advice for 1st time landlord evaluating applicant
6 January 2025 | 5 replies
The background check is supposed to identify the amount of risk, then you determine whether you can mitigate that risk or not.