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20 January 2025 | 1 reply
I’ve had most luck with signs in front of my plaza and word of mouth - networking at Chamber of Commerce and chatting with other business owners in the area.
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30 January 2025 | 19 replies
There is a competitor in my market, talking with the owner he bragged of this model I mention above.
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22 January 2025 | 13 replies
No syndication experience but there are about a dozen quality RV/Mobile home parks on market in Oregon, several with owner carry options that can be passiv-ish with management in place.
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1 February 2025 | 11 replies
I'd recommend staying within 10-15% of the median priced home because that's where the most demand will be not only for renters but owner occupants as well.
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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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16 January 2025 | 6 replies
The only time we will not make an offer site unseen is if we run into a situation where an owner or a realtor won't accept site unseen offers.
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1 February 2025 | 19 replies
I'll introduce you to the owner of MR Qualified Alternatives.
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15 January 2025 | 7 replies
Call owners directly and send letters/mailers.
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1 February 2025 | 9 replies
Tenant issues are more likely to arise and then you have the owner....many aren't qualified expertise wise or financially to weather the storm.
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30 January 2025 | 8 replies
American Family recently discontinued their multi-family coverage, leaving many property owners scrambling to find new providers.