A reserve is unnecessary, but I still keep around $15,000 - $20,000 in my account.The point is, that you should sit down and assess your finances to determine what the worst-case scenario may look like, how much you would need to cover it without impacting your life, and whether you will need to build a reserve.

Often but not always?

The property is located in prime location and we would like to keep it as STR since selling right now is not the best strategy in that area, but we believe in that location for appreciation therefor we really want to keep it as STR.

The second thing we do is leaved some canned good in the cabinets just in case.The worse case is the same as the first but they lost power.  

But the advantage of buying a home with a tenant is that you will already have someone paying rent when you close.

But the cleaning lady being used ( that is contracted by the complex) would not give any information as to what would need to be cleaned to avoid a cleaning fee.

But it doesn’t make sense anymore with current interest rates.

This could threaten not only the financial well-being of your clients, but also the integrity of your tax practice.Here are some of the current schemes that scammers are using to go after tax professionals.Phishing Attacks Targeting Key Information: Scammers are targeting tax professionals through phishing emails and text messages that appear to be from the IRS in order to obtain sensitive information such as CAF numbers, PTINs and EFINs.

I’ve been a bigger pockets member for a long time but I’m just now revitalizing my profile and getting back into real estate.

I might be eating these words later, but as far as I can tell, at least here on the Oregon Coast and beyond the market crash everyone is waiting has not materialized.