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Results (10,000+)
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?
Isaiah Cortez Exploring the Ft. Lauderdale STR Market
21 January 2025 | 4 replies
They are much less restrictive than other municipalities in South Florida that are actively trying to reduce the number of STRs.Let me know if you'd like to talk further on the topic! 
Fidel Mercado Gonzalez Financing Options for International Investors in Canada: Seeking Insights
22 January 2025 | 5 replies
2.Are there strategies to reduce the required down payment or secure better mortgage terms?
Kolby Knickerbocker should I sell a property to pull out $500K and invest it elsewhere?
15 January 2025 | 18 replies
Diversifying your portfolio could reduce risk and improve overall returns.Higher Cash Flow Potential: If you redeploy the equity into markets with higher cash-on-cash returns, you could significantly increase your monthly cash flow.
Sam M. Agent commission and making an offer
30 January 2025 | 5 replies
You can find both and you can reduce the commission but you may need to do more work.More specific on your questions about price, that is also negotiable.
Timothy Hilario Real Estate Advice
28 January 2025 | 2 replies
You'll likely also reduce your cost of living by moving to a stabilized apartment.Depending on the cashflow and debt paydown, you can use this strategy until you've built enough equity to reinvest.On the other hand, getting into a multi-family after refinancing will also help you build substantial equity to rinse and repeat in the coming years.
Victor Adekunle 3 Simple Funnel Hacks to Help Wholesalers Generate More Leads and Close Bigger Deals!
9 January 2025 | 0 replies
Day 7: "Here’s a case study showing how we helped [Client Name] reduce costs by [X%]."
David Oh Profit Sharing Bonus for Property Mangement Staff
26 January 2025 | 9 replies
You could also reward staff for lease renewals, positive guest reviews, and reducing unnecessary expenses.
Edward Toomey V 5 months using RentRedi and I HATE it
19 January 2025 | 55 replies
With RentRedi you are reduced to talking to a "BOT" until an agent decides they want to chime in (still only on a chat window no phone numbers for RentRedit).
Eli Edwards Has anyone tried this?
23 January 2025 | 4 replies
This type of deal can also help you minimize upfront costs, as you’re reducing the cash needed to buy the property outright by aligning the seller’s financial outcome with yours.While there may be details to work through, such as crafting a solid contract or ensuring alignment with any financing you bring in, these can be easily addressed with the right team in place.