Hi All,I have gone through the forums and realized everyone suggested 6 months of rent reserve per property. I have 4 duplexes and if I keep 6 months rent reserve for each and 6-8 months of personal emergency fund it ...
Able to get the home, which will have $200 after PITI. However, if I do this, all of my reserves will be depleted, meaning no funds for "what if costs". Do I step out for the experience and to get started, get a line ...
Hey, good afternoon/evening everyone. I am a new investor and have been exploring deals in a few markets outside my area for the past month and a half. While researching and evaluating homes, I had an idea for managin...
So I am in the planning stages of starting my real estate investing career and obviously a very important piece is planning the right market to start in. My strategy is to buy and hold small multifamily units that ar...
I'm looking at my first potential multi-family deal and was hoping that some of you with more experience can tell me if this deal is worth exploring further:
21 Units in Charlotte, NC
Asking price - $649,000
NOI - $9...
Theoretical scenario: If I can get 180,000 out of my house for a cash-out refinance to purchase another property, should I pay cash in full for the 2nd property and have the cash-out refi on my primary residence? ORSh...
Hey folks, I'm interested to hear how people prefer to store their cash (i.e.; cash that they need to have very quick access to).As we all know, most methods of keeping cash (e.g.; savings accounts) are getting hit wi...
Hi there - I thought I was all set to start my investment journey before I spoke with my financial adviser yesterday. Now, I'm confused and could use some help. Here's the sitch:Before I discovered Bigger Pockets, I w...
Can I ask a tenant to leave immediately for emergency repairs or if I am unable to make the repairs and want the house left vacant? If they don't leave can I lock them out. They have not paid rent. The property is i...
I've noticed that a lot of people on the site come on and ask about how they can get started investing with a poor credit score and if that score even matters in real estate.I'd argue that it does. I think it makes o...