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Results (10000)
Dennis O'Loughlin How is using equity to fun a new property profitable?
14 November 2023 | 5 replies

Can someone please help explain to me how you keep building equity when using equity to fund the down on your next investment?  I understand the idea but I can't get my head wrapped around it because when you borrow a...

David Katz Question re Maintenance / Vacancy Reserves
31 December 2018 | 12 replies

Will soon be buying my first turnkey property (my first investment property period).  I understand that you should earmark a certain set percentage of rent per month to maintenance and vacancy reserves.  What do you a...

Stefan K. That sound was my giant sigh of relief!
21 October 2013 | 4 replies

So, I've been investing in tax lien certificates in Florida for 3 years with a business partner through an LLC. We had given up the hopes of actually getting a property as everything either paid off before gettin...

Matt Gooding Business Bank Account Suggestions
22 July 2020 | 13 replies

So I have my properties inside of a LLC and all expenses run through their own business bank account (currently at Bank of America). Due to some recent renovations and a turn my account fell below the 3k minimum and t...

Blake King Where to save for a down payment?
23 May 2017 | 38 replies

Hello Everyone!I am starting to save for a down payment on my first home. I want to have 20k by April 2018. I am just out of college, and the last 3 months out of school i have been working full time and have been ext...

Chris Pelley Where to park cash between sales
23 August 2014 | 13 replies

Hello,My wife and I will soon be collecting net proceeds from a home sale in the 5 figure range. Our plan is to sit on the money for ruffly 6 months while we deal with some other financial things before re-investing i...

Seth C. Where do you keep your contingency funds?
15 May 2015 | 17 replies

This is my first BiggerPockets post as a new investor. I am curious, what types of accounts/investments are people using for maintenance/repair funds and/or rent deposits? Are there any rules of thumb in terms of perc...

Patrick Dean Where would you place your money?
29 July 2019 | 23 replies

I’m in the process of selling my first home(under contract) and should clear around 20K after the sale and I pay off some old medical expenses. I’m a police officer and have recently moved to an apartment that’s free ...