At least it's off my "to-do" list.I just had an offer accepted on a 3-note portfolio, and I have a seller literally begging me for an offer on another note.I had a very productive dinner with the SEVP/CCO of a local bank, which I am certain will lead to something good.Finally, I had 2 family members who have done deals with me in the past approach me with some more money they "found."

Hi bp, my whole strategy for my real estate investment portfolio was to gobble up as many homes as i could in the next 2 years.

Fortunately I have reserves that I can comfortably live on for some time while I build up not only my rental portfolio but also obtain my RE license and start pursuing deals.Everyone's financial situation is different.

One issue discovered that leads to a special effects your entire portfolio.

I was also responsible for keeping QuickBooks current, monitoring the performance of the portfolio (COC return, operating expense ratios, etc.) and sending that information back to them, etc.

I find this to be the best source for down to earth knowledge that is so hard to find sometimes.My plans for next 1-3 years is to get my first REI property and get my feet wet in the real estate.My future plan 5-15 years is to build a portfolio to retire on. :)I really enjoy BP and super excited to learn from all of you folks on here.

I'm currently invested in a couple SFRs and plan to grow that portfolio for a few more years, but I want to start doing and accumulating research to better formulate my plan for years to come.Anthony

At the same time I would pick up some added depreciation on the 4 plex and also would help diversity my portfolio instead everything tied up in the commercial property.

You don't need the additional upside of cash flow at this time, so why add risk to the portfolio?

The house right next door, who happens to be late and may or may not foreclose, that bank can keep their current contract and we won't force a sale there, but you, the bank that did it's due diligence and lent to the responsible payer who could afford to buy the home and has actually kept it current through the great recession, you're screwed and your books are screwed because you'll be forced to write down losses on actual current loans in your portfolio.