Sumarde Kristoff
what do i learn to build a strong foundation of knowledge flipping houses.
7 February 2025 | 2 replies
and i know that that there’s risk involved, so ill always be prepared for things not going according to plan. and i think starting small and gaining knowledge and experience over time is key.
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?
Clifford Pereira
Real Estate Professional (REP) Status guidance
31 January 2025 | 12 replies
Any guidance would be most appreciated, so we can be better prepared for our tax returns next year.Thanks so much for your time !
Bien Nguyen
Clearwater, FL or Murrells Inlett, SC
6 February 2025 | 16 replies
A quick formula you can use is your estimated purchase price times .0134.
Shiloh Lundahl
Sell me on the benefits of Turnkey Properties
5 February 2025 | 29 replies
Perhaps you have this kind of time and energy to waste.
Eric Huntermark
New Real Estate Investor Looking to Start with Flipping
8 February 2025 | 15 replies
I still have a full-time job, but my goal is to start with 1-2 flips/year for the first couple of years, then ramp up to 5+/year.Right now, I’m focused on learning as much as possible—market analysis, deal sourcing, estimating rehab costs, and raising capital.
Brant Laird
Just getting started!
6 February 2025 | 8 replies
A turnover means repairs, painting, cleaning, marketing, vacancy time, and lost rent, so a small discount is often a better financial decision than churning tenants every year.There’s a lot more to consider, but these are some key lessons I’ve learned.
Nathan James
Building a 4-plex in Portland, OR
7 February 2025 | 5 replies
Answers to the other questions depend on a lot of factors, and the temperature of the market as we head into presumably tough times.
Tom K.
Do cash purchases eliminate the rule of owner occupants when purchasing via auction?
8 February 2025 | 3 replies
President Musk may change this at any time.
Annwar Matani
How do Hard Money Loans work?
8 February 2025 | 17 replies
So, you need to know what the terms and conditions and time frames are for the private/HML lender when preparing to submit an offer.