What's the best level of cash reserve to keep on a rental property on which there's a mortgage? Is it based on resale value, insurance deductible, gross/net income, or something else?Thanks.
Investment Info:
Single-family residence buy & hold investment.
Purchase price: $50,000
Cash invested: $16,000
Sale price: $127,000
Purchased with a 75% loan for cash flow. Installed a new ro...
I purchased a sf house in MA that the title v passed a year ago.The owner at the time has passed away, and the out of state daughter sold me the house.I talked to the tenant today, and they told me the septic has back...
I am Bolaji Muhammed,Nigerian,40,male.Just settled in the states recently after widely travelled running my own international education and business consulting firm for 10 years and still going strong.Wanting to diver...
I have my first rental property which I purchased at the end of July in Roswell, GA which is just north of Atlanta. It's a small duplex that was built in 1965. This week I had two plumbing issues. On one side there...
I recently sent an email to another investor explaining the off the cuff tenant rating system residential real estate investors tend to use. I wanted to double check my definitions based on your experience, and thus I...
This is a continued post from another discussion I had on BP which I received much assistance with.I discovered a property I bought in Las Vegas had $20,000 of plumbing problems which were not disclosed in the SPD. I ...
1. I am in California; im Non accredited. Could i raise money for real estate from non accredited investors using crowdfunnding. What would be my alternatives. 2. Should i start my own portal. Attorney says costs any...
Hi Everyone,I would really like some input/suggestions on how to deal with a tenant situation please. It has been very frustrating
I have a 4-plex currently in BC. One of the tenants moved in May 2018, on a 1 year...
Hey I am new here so I hope this is the right place for this. Anyways I am a student who is renting a house with 4 other roommates on individual leases. We soon noticed that mold would grow along the windows, didn...