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19 March 2020 | 3 replies
Better to have cash reserves now in case you can't find tenants after the rehab for a time.
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20 September 2021 | 975 replies
That'll eat thru my reserves awfully quick.
22 March 2020 | 18 replies
I know when I posted this question 3 weeks ago 75% or more of the responders were of the mind if their tenants don't pay its not their problem.. they are running a business not a charity etc etc.. well I guess we will see how it all play outs. what I am coming to realize is that a lot of landlords that are worried about paying their own bills APPEAR to maybe not have taken the advice of many and have proper reserves that you dip into during this type of situation.
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20 March 2020 | 9 replies
or should I just cash out and keep money in reserves?
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21 March 2020 | 5 replies
Always, always have reserves for any property or flip you buy.
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22 March 2020 | 19 replies
Reserves should be in place just in case on any properties you buy.
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4 April 2020 | 6 replies
They charge on the value of the reserves.
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21 March 2020 | 4 replies
We have cash reserves saved that could float all three properties for at least one year without taking current cash flow and our day jobs into consideration.
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21 March 2020 | 28 replies
If you have the reserves then I'd move forward.
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20 March 2020 | 4 replies
They would tell me I should have a certain amount of reserves with them in case of a large project.