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I'm evaluating a deal that fell off a while back, but is coming back around. It is a build to suit and the tenant is a publicly traded company in the oil and gas space. The build will be finished in November. Would be...
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Hi! My name is Tim. My wife, Nyree and I are just getting started on our investment journey. We have dabbled some in the past such as buying land, setting a mobile home on it and renting it out. My past consist of all...
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Can you expense capex reserves on the income statement for tax purposes? Even if you haven’t spent it in that year. Asking since most expenses are lumpy
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I bough my first rental (duplex, non-owner occupied) 2 years ago and would appreciate feedback on my replacement reserve amount, and thoughts on needing flood insurance in a non-flood plane. Monthly income is $1,995, ...
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How much $/% does everyone recommend in reserves? I have a small portfolio that totals $5,117/mo. in mortages. Would 6 months of fees, or 30,000, be a good amount. Thanks!
Hello everyone, so we are at the closing stage of a home we are buying to live in. The home will be in my name since my girlfriend doesn’t have much of any credit yet. Got a email stating I needed more cash in reserve...
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I see some landlords say they own 10 or 20 rentals. I am not sure how they are able to do that - not the loan part as I am aware there are funding structures etc. but the cash reserves part. Don't people hold some cas...
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Ok this question may piss people off . I made my mortgage payments for April. But was thinking about talking to my mortgage company and trying to move payment to the end to save my cash reserves not knowing how long ...
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We just went live with our first short term rental. I know great timing. We have had 3 people send requests for booking on HomeAway in the first 2 weeks of being live. Of the ones we have received, one was for 29 d...
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Thinking about the best places to store capital reserves now that savings rates are at or near 0%. We all know it is a good idea to have plenty of reserves, but where are some ideas of places to keep them. I would say...