Basit Siddiqi
Experienced SFH Investor: Next Steps?
21 January 2025 | 6 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?
Jonathan Greene
If You Are Asking These Questions About Your STR, You Are Already Failing
4 January 2025 | 26 replies
Should I spend money on professional photos?
Matt Huber
AstroBlaster - anybody use this?
20 January 2025 | 15 replies
I feel like if you dont want to spend too much time figuring out the flow then it's a good alternative.
David Milanese
Wholesale knowledge please!
28 January 2025 | 11 replies
Do not spend any more money on wholesale courses.
Hellen Nitschke
Question about selling
29 January 2025 | 3 replies
If you are meaning you'd like your Realtor to spend marketing dollars targeting buyers in other areas, you'd need to discuss that with your Realtor.
Sol Baum
Re: No due diligence-commercial
22 January 2025 | 7 replies
So, as a buyer I would not want to spend money before having a contract.
Tanner King
Analyzing a House Hack (First time buyer)
6 January 2025 | 13 replies
Then spend a LOT of time analyzing deals from the MLS in your preferred location.
Ashley Guerra
Central Jersey investors
21 January 2025 | 10 replies
I spend majority of my time in central and North Jersey.
Rafael Ro
Safe and stable investment: Do I buy rental properties or keep money in a HYSA?
11 January 2025 | 67 replies
This means you wouldn’t need to spend time managing properties or building a team, which is perfect given your time constraints.