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29 January 2025 | 5 replies
The cost effective way starting is partner with an established wholesaler and they provide people to reach out to or pay for lists and do cold calling/door knocking yourself.
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1 February 2025 | 15 replies
The Solo 401k trust would also take title in accordance with the agreement reached, the purchase contract and note.
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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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28 January 2025 | 12 replies
How can he reach out to you to take you up on that offer?
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12 February 2025 | 27 replies
Needless to say we were pretty disappointed, so shortly after that another student reached out to us and told us that Ryan and Tyler had agreed to sponsor them 4 different times and backed out of each one causing the students to lose earnest money.
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30 January 2025 | 5 replies
This would give an initial rental rate, and then step up every 3 months slightly until you reach your target rental rate.
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16 January 2025 | 12 replies
Submitting real offers that you feel confident actually closing on and having a strong sponsor to work with that has a track record will go much further towards you winning deals.In short, you can pursue larger deals right out of the gate if you want to, but generally expect that it'll take you longer to win one and make sure you have the right players on your team so that you're prepared to win them and to close them once you do.
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26 February 2025 | 8 replies
You should be able to blend a first lien position Commecial loan with a seller carried 2nd to reach the determined dispo price so long as the debt service meets minimum guidelines.
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29 January 2025 | 4 replies
Reach out with any questions.
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23 January 2025 | 7 replies
I have several really good lawyers we use, you can PM me if you want info on them ... and if you'd like to talk property management reach out.