Usually your reserves for those categories will range from 25-30%, although maintenance & capex should initially be minimal since the home is new.

It was not a fast job and they overloaded the back of the pickup quite a bit weight wise.

So, similar to Marcus, one of the happiest days of my life was when I hired out my bookkeeping - total weight lifted off my shoulders!

That's why Baselane has 120 real estate only categories so you don't have to code any classes or anything like that.

If you are so stressed out that you are losing weight, than being a landlord is not for you.

Hello all, not sure if this the right location to pose this question, please let me know if there is a better category or location to post in. 

The Inland properties boast pretty decent weighted average ARR's on their past properties, with a total average of 6.72%.

So for example, a 761 credit score will be in the 760-779 credit category, then going down to 740-759 and so on.2.

There are a lot of great resources on BiggerPockets, whether you are just getting started or have 30 rentals under your belt.If you have specific interests or questions, find the appropriate forum category to read what others are saying or ask questions. 

And most will be able to pay the taxes when they come due, and put on a new roof, and put on a new coat of paint.As well as replace the carpets, cut the grass on a regular basis, replace the windows, reseal the chimneys when the liners crack, etc..It's unlikely that that these homes will fall into the slum category in 10 years or so, and make the asset underlying the loan virtually worthless.Or just vanish when the place starts to fall apart too much, due to no down-payment (no skin in the game 100% loans).Said the lawmakers who approved this.