Joe Paasch
I am new to Real Estate investing
23 January 2025 | 7 replies
If you want to network or ask specific questions about your local market, go to your local real estate forum and connect with investors from your area: https://www.biggerpockets.com/forums/86-local-real-estate-networking5.
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?
Simon Packman
Multi Family insurance
30 January 2025 | 8 replies
Quote from @Simon Packman: Quote from @Tanner Pile: @Simon Packman What company do you use?
Rafael Ramos
Seeking Guidance and Strategies
11 January 2025 | 6 replies
There are cases of local governments delaying payment due to budget constraints.
Kayla M.
Looking for Guidance and Help to Get Out of a Baltimore Property
2 January 2025 | 53 replies
.: @Jacob Brenyo I do have a local realtor working with me right now.
Phillip Austin
TREND - PM companies offering financial assistance for security deposit down payments
27 December 2024 | 8 replies
@Phillip Austin we've looked into these and it's our opinion they should only be used with Class A tenants, maybe Class B - deifinitely NOT Class C or D tenants.Several companies in this area will no longer allow S8 leases or tenants under 600 credit scores - because of the high number of claims & corresponding claim amounts.
Ramsey Doumani
Investing in a condo vs townhouse as a traveler
12 January 2025 | 8 replies
With that being said, in a worst case scenario, you can always hire a property management company to handle the day to day items if it comes to that.
Brandon Blackmon
Rates for a GC
31 January 2025 | 12 replies
Quote from @Brandon Blackmon: @Bruce Woodruff 100% the answer I'm looking.... a solid GC, has a 20-25% markup to I would for sure know going into this that these are private companies and they can set their own fees.
Joy Daniels
How Do You Stay on Top of Trends and Rules in Short-Term Rentals?
23 January 2025 | 11 replies
It is hard to really keep up with those kinds of trends unless I budget 10k a year in updating the property which I am not going to do.I participate in our local council/mayor meetings.
Ella Marie
New and ready to learn hands on
31 January 2025 | 9 replies
Operating an Airbnb business requires being up to date on current local ordinances and restrictions.