Craig Daniels
Relative ranking of my first rental "deal" vs. the rest of the US (monthly cash flow)
10 February 2025 | 8 replies
Although I've stressed the importance of reserves, he is comfortable with his system.
Daniel LeGare
Dallas TX // Seller Financing Deal on the Table, First Timer
6 February 2025 | 9 replies
Do you have reserves you can show them?
Wale Lawal
Cash-Flowing Rental to Section 8 Long-Term Tenant in a Class B neighborhood
16 February 2025 | 0 replies
Renting to Section 8 Long-Term TenantPurchase Price = $250,000Renovation Cost =$3,800Appraised Value = $270,000Monthly Rental To Section 8 Tenant = $2,800Monthly Mortgage Payment = $2,100Monthly Reserve for Maintenance and CapEx = $200Monthly Cash-flow = $500Another investment property was closed and added to my rental portfolio.
Rosalyn Scofield
Searching for home warranty company
4 February 2025 | 2 replies
It is much better to have a reserve fund and add it monthly.
Matt Wan
Getting a mortgage as a non-resident US citizen
11 February 2025 | 20 replies
The other hurdle many run into is that you need to have funds to close and cover reserves in a US based bank account.
Wale Lawal
Converted My Home into a Section 8 Rental—$1,125/Month in Pure Cash Flow!
18 February 2025 | 2 replies
Renting to Section 8 Long-Term TenantPurchase Price = $237,000Renovation Cost =$8,950Appraised Value = $310,000Monthly Rental To Section 8 Tenant = $3,215Monthly Mortgage Payment = $1,890Monthly Reserve for Maintenance and CapEx = $200Monthly Cash-flow = $1,125Another investment property was closed and added to my rental portfolio.
Joshua Nichols
Funding Flipping for the First Time
10 February 2025 | 7 replies
They will usually want to see you have the capital for closing costs and some "reserves", meaning they want you to have a few months left over to cover any surprises.
Luis Fajardo
What’s Next for Mortgage Rates? Key Inflation and Job Market Data to Watch This Week
10 February 2025 | 1 reply
Mortgage rates remain above 7% as the Federal Reserve maintains its cautious stance on inflation.
Cierra Butler
Tenant filed for Bamkruotcy
10 February 2025 | 4 replies
Proof of claim reserves any rights you have; if you have a lease with the tenant your “claim’ is the amount of future rent owed on the lease.
Collin Hays
What part of no don't you understand?
13 February 2025 | 17 replies
Heads up, South Korea is now forcing Airbnb to offer full refunds to South Korean guests all the way up to the final day of the reservation.