Keegan Felix
Full time working mom of 3 in my 40's with 8K to invest
9 January 2025 | 21 replies
BP has done such a great job of promoting SFR investing to the masses, that those masses have pushed up real estate prices to where it's now DIFFICULT to cashflow right away.Keep going, but understand you won't get rich in real estate overnight - it's a long-term wealth building strategy.For the short-term, recommend joining a few in-person investor meetings if possible, otherwise online ones.
Rafael Ramos
Seeking Guidance and Strategies
11 January 2025 | 6 replies
I have liquid assets and want to make smart, scalable investments that balance cash flow, appreciation, and low risk.GoalsGenerate consistent cash flow to diversify my income.Maximize appreciation potential for long-term wealth growth.Invest in areas with low crime rates to minimize risk.Reduce my tax burden for 2024 with real estate purchases.My Current ThoughtsI’m torn between two main strategies:Multifamily Properties:Looking at markets like Austin, Raleigh, and Tampa for 10-50 unit multifamily properties.Love the scalability and centralized management, but I'm concerned about high upfront costs and competition.Section 8 Housing:Considering affordable markets like Memphis, Cleveland, or Indianapolis to purchase 5-10 single-family homes.I like the government-backed rent stability, but managing multiple properties across different locations seems intensive.Key QuestionsWhich strategy would you recommend for my goals and liquidity?
Vijay Radhakrishnan
Positive experience with Rent to Retirement
9 January 2025 | 4 replies
If you are looking to invest in turnkey properties, I recommend checking out R2R.
Edgardo Pérez
Seeking Advice on Renting Out My Apartment
9 January 2025 | 0 replies
However, I don’t yet have the funds for a down payment on another house, and I’m trying to figure out the best option for where to live while I rent the apartment.Do you have any recommendations for managing this transition or tips on finding a temporary place to stay?
Joel Lazar
Tracking App for Material Hours
5 January 2025 | 2 replies
I don't have personal experience with it, but when the app was first developed, I contacted the developer and put the app through a fairly robust test usage to see if it's something I would want to recommend to my clients (I'm a CPA).I think the app is great for its intended purpose and I do recommend it to my clients now (and have for about 18 months now).
Thanh Lu
For owners, self management vs hiring a vacation rental company?
31 January 2025 | 19 replies
Property Managers come in all shapes and sizes, I tend to recommend seeking a medium size local company.
Zoe Brennan
New Agent & Aspiring Investor
31 January 2025 | 10 replies
One last thing – we recommended you create a Status column on your spreadsheet, now we’ll explain why.
Melissa Sejour
Fix and flips in Philadelphia
7 January 2025 | 7 replies
Hey Melissa, I would recommend learning a bit more about the area you wanna invest in.
Tom Miller
The city wants to buy my property
8 January 2025 | 7 replies
I retract my statement.What u recommend.
Dylan Ray
New to BP and Los Angeles County
8 January 2025 | 2 replies
I was wondering if there are any recommend in-person meetups in the LA area.