Quote from @Jonathan Chan: Hi All,I first joined biggerpockets back in 2020 when I decided to get into real estate.

Hi Michelle,Keeping tenants' security deposits in a separate savings account at an online bank is a common practice and is generally recommended.

Hi Shawn, you came to the right place. 

Hi @Briley RoeNice to hear that you made the first step in investing.Looking at the deals, I would need more information, but per the data that you have, the Cap Rate is within a good acceptable amount.Cash on cash is low, but depending on the area that you are the appreciation will catch up.

Hi, We bought a 6 unit multi family.

Quote from @John O'Leary: Hi Joe,We’ve worked with several PadSplit investors to secure financing, and while these properties cash flow really really well, they do come with challenges—tenant turnover/issues and being the biggest ones.One hurdle we’ve seen is that getting financing can be tricky since PadSplit rentals are still considered non-conforming by most lenders.

Quote from @Qais Attarwala: Hi everyone, Just wanted to start out by saying thank you to everyone in this really supportive community.

Quote from @Shunnel Williams: Hi all!

Hi everyone,I'm relatively new to this platform and want introduce myself.

Hi Kwanza, It really depends on what type of loan (VA, FHA, Conventional, DSCR, etc).