Okay first the good news. PenFed is really amazing when it comes to HELOCs for a Rental Property. 80% LTV. Very fast response. I applied Friday and heard Monday I was approved, "when do you want the appraisal?". Appra...

We’ve all seen the dozens of opinionated posts about LLC vs. no LLC, maxing out personal umbrella insurance vs. creating legal entities, whether it’s worth it to create holding companies, pros/cons of series LLCs, and...

Hi all,I've thus far been fairly lucky with tenants in my two SFH rentals, but did have one bad experience. We had checked with our tenant's last landlord, and while she did not lavish her with praise, she didn't say ...

Hello Bigger Pockets Community,My name is Elliot Criss and I am new to the BP forums. I have watched numerous podcasts, read numerous blog posts, and attended a few of Brandon's webinars. The last webinar was on deal ...

Hello Community! My name is Ruka, but I go by Luke. I work in Saudi Arabia at the world's largest oil company. I am interested in buying real eatate in Chicago, a city I went to grad school in and where I got my firs...

I've been dividing my monthly rental income into 3 buckets.

Bucket 1 goes into repairs for the property
Bucket 2 goes into the mortgage payment
Bucket 3 goes into future investment savings (MM acct due to higher ...