I've found a few flips that will held a 1% return on the purchase price. .....does that sound good?

If you can't settle in 30 days you may not only lose your deposit but may be liable for any shortfall if they held a new auction and get less than you offered.

Hi guys,  I'm looking to engage some hard money lenders to refinance my portfolio of SFR's that are held in cash (I'm looking to do a loan of $400-$500k on a 30 year fixed rate).  

There are ethics standards that licensed agents are held.

Residential, if held in an LLC is exempt.

In MO, as Peter stated, you as an individual can manage your property held personally or in your closely held LLC.

I agree with Jon to a point, the reason you have reserves is to cover unexpected expenses and having 6 months PITI means you'll generally have the payment covered, the regular rent may cover more such as a minor repair and clean ups for that vacancy.Having additional properties and holding funds for all isn't really necessary as a slush or escrow fund as the chances of having extended vacancies or expenses in all your properties at the same time is pretty slim.You should have the deductible for your hazard policy as well, if you have an insured loss you'll need.You also need to consider your ability to access other funds, not just from you fund but total assets and the ability to borrow quickly.Jon's method is pretty safe, but as you add more properties you can fine tune funds held in reserve taking into consideration your abilities to cover a disaster. :)

@Aaron Junck, Just because the funds are held in reserve it doesn't mean you don't have your money work for you.

Surprisingly the nail was acting as a plug and held up for over 6 years before finally giving way last week.Today I called my insurance and they are requiring the by-laws to confirm who is responsible.

Welcome Guus, if you are interested in income properties in Amsterdam check out www.mva.nl (our brokers' association, chapter of NVM) and the auction (normally held in Felix Meritis, in March moving to De Rode Hoed, also at Keizersgracht).