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9 February 2025 | 3 replies
Rinse and repeat as many times as life allows, or convert to buying pure investments.Consider employment with a property management company.
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22 February 2025 | 10 replies
Talk to the pest control company and let them know.
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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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3 February 2025 | 24 replies
I would try to subscribe to Angies List to determine a suitable mortgage company.
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8 February 2025 | 22 replies
The other tenants would call the management company on Saturday to report the air conditioning failure and were told that a service person would fix the problem on Monday.
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18 January 2025 | 5 replies
If you are using STR, REPS, or self rental with material participation to convert to active or nonpassive income, you do not have to do this if you have passive business invesment that produce passive income that will exceed the loss generated by depreciation.
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7 February 2025 | 3 replies
It took some digging, working closely with a title company, and negotiating with multiple parties to get it resolved, but in the end, it was a great learning experience—and a successful deal!
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21 February 2025 | 6 replies
Foremost and American Modern seem to be the most popular insurance companies for manufactured.Additionally, the home cannot be in a mobile home park, it cannot have been previously installed at another homesite, should be on a permanent foundation and/or fastened with hurricane tie-downs.
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4 February 2025 | 31 replies
Quote from @Adam Sieg: I’ve used all but the only company I continue to buy through is R2R.
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4 February 2025 | 2 replies
This will be some management company, right?