Manny Rivero
How much in cash reserves
hey everyone, i listened to podcast episode 172 about apartment complex investing not too long ago. On the episode the guy being interviewed said banks typically require you to keep a certain amount of cash reserves i...
Russ DeWolfe
Mobile Home Roof Problem
I have recently purchased a fannie mae foreclosed mobile home to rent out. The roof is sagging in a spot that is about 10'X10'. The roof was replaced 2 years ago by a roofer that says he was only paid to fix about a 1...
Balaji Varadharajan
Old roof/HVAC - Looking for advice..
Hi All,I am looking to invest in property for renting out in the first couple of years or so, and then will move in with my family later on. I am not looking for a great cash flow, though about $100-$150 per month has...
Matthew Paul
We had a nice storm roll thru last night.
And I got a call this morning from a tenant . They wanted my insurance info . I am thinking something happened to the house . So I asked what the problem was . " We had friends over and you know that big tree in t...
James Wroten
First investment was my first home.
Investment Info:
Single-family residence buy & hold investment in Morrow.
Purchase price: $122,700
Cash invested: $10,000
First home, minor updates, new HVAC and Roof over time - converted to ren...
Jonathan Bombaci
FAQ - What to do during Due-Diligence?
We get this question a lot. We just covered this as our monthly FAQ Topic on our December virtual meetup but I figured I'd bring it to the forums to see is anyone else has anything to add. This is what we got
- Call ...
Gp G.
property with big trees near by
Hi All,I saw one property in Memphis TN for 77K giving rent of 750$
Price: $76,900
Type: Single Family Residence
Rent: $750
Square Footage: 1159
Bedrooms: 3
Bathroom: 1.0
Year Built: 1951 Issue ...
Jason Thomas
2 Bed 1 Bath Duplex. $1500/mo All Utilities Included. Worth it?
View report
*This link comes directly from our calculators, based on information input by the member who posted.
Martha Marty
Investing in Townhomes vs Single Family Homes in Houston TX
Hi All,Am new to BP and so far I have gotten a lot of information already. My question to you all is what is the best option: Investing in a Townhome or SFH in Houston. I am very new to this industry and this will be ...
Grace Fukuda
The possible lending option for property purchase?
Hello,
I am in a contract a quad-flex property D priced 225k - inspection is completed, and in the middle of finding a lender. I’ve already spoken with my local lender but I realized I am short in down payment of 25%...