Tom Dieringer
Giving VRBO a head start on Airbnb
28 January 2025 | 19 replies
One unvetted thought I’ve had for when I go live is to give VRBO a 1-2 week head start on our listing.
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?
Jeffrey Bourque
Found a Deal but Not Sure
27 January 2025 | 7 replies
Also I have not worked out the financing yet. if I just use my cash then the Cash on Cash drops to 8 or 9% and that would be below my Cash on Cash target.Generally speaking and of course just numbers I picked out of the air for reference when running numbers in my head, I am looking for Cash on Cash greater than 15%, high probability of long term occupancy, and no expected major Capex for 2.5 years after purchase and purchase time repairs which I would add into the cash on cash evaluation before pulling the trigger.So there are some more details to be worked out in my head but being it is my first one and only learning what I could from youtube videos I thought I would get some feedback.With all that said, in my head it seems like it could be a good start.Thanks again Jaycee and Gavin for your feedback.
Tre DeBraga
FHA 203K Loan
28 January 2025 | 5 replies
I have came across the 203k loan where the numbers might work better if I find a good deal but there is alot that comes with the 203k loan and I want to make sure I am heading in the right direction.
Joseph Pisano
SFR DSCR Lenders Texas
28 January 2025 | 13 replies
Sub $100k loan.Just a fair heads up you will not get less than 7% on a sub 100k loan from any trustworthy DSCR lender.
Byron Umana
Your First Airbnb: Do’s and Don’t
28 January 2025 | 9 replies
It's not to say I don't get sick and tired of stuff, but if it is worth it, I will continue to bang my head against the wall.
David Jesperson
Fix and Flip First Experience
17 January 2025 | 5 replies
I felt I had a good head start since I was already a real estate agent and was very comfortable with finding comps and figuring out the ARV.
Tiarnan Gormley
Nearly 18 and need advice on REI while i'm away overseas!!!! HELP!!
25 January 2025 | 24 replies
Prep that if gonna be in London public rest rooms on every corner is not a thing, so empty that "tank" before head out.
Jack Sarcia
Can I advertise a wholesale deal on BP?
25 January 2025 | 2 replies
I'll head there next.
Kyle Deboer
Raising Down Payment Money
29 January 2025 | 25 replies
I am eager to start but can't get around the glaring issue of not having initial capital so I was wondering if there are any methods you guys would use to raise capital if you were in my shoes or is it just time to put my head down and put in long hours?