Is there a rule of thumb for how much cash you should keep on hand per unit? I have set aside 5k per SFR in case of repairs. I would love to hear what other people are doing.
Hi BP-
Looking to get some advice on the best way to convert my primary residence to a rental property. In short, I purchased the property in 2013 for approx. $420K and the value is now closer to $475K. I would prefe...
Hello all. I hope this is posted in the correct spot. I own a rental property in Sarasota Fl. Here are the stats:Single family 2/1/1Purchased for 159k in 2004Owe 115kMortgage/insurance/taxes/hoa are 1300.00 a monthCur...
Doing sub2's work even in this market.
countrywide loan ARM @ 6 %
adjust in 11/11
$5,421.04 to bring current
$1,341.05 monthly payment PITI
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I began investing a year ago and BRRRR'd two single family homes and have a duplex currently under contract. On this deal my plan is to get a conventional loan and use my HELOC for a downpayment since BRRRR will not ...
I've been browsing for a while to try to figure out what are typical down payment and interest rates for loans as you increase the number of loans in your portfolio and I still can't get a good grasp on it. These lim...
Hi everyone! I am very very new to this and still trying to learn everything I can about multifamily real estate investments. I am looking to buy my first home (possibly and duplex, triplex or fourplex), however, I ha...
Pit bulls EVERYWHERE!
I just started advertising my home and overall feel like I've had a good response, but it seems like 75% of the people calling/emailing want to bring there Pit bull in.
I love dogs, but what ...
Hi All,Should repairs be made by me the landlord after the first eviction notice is served? The tenant is not paying rent since I will not extend the lease. The repairs are minor things like sink disposal not working,...
Hi BP know it alls!We recently purchased a property that has two houses on it. We purchased the property for the market value of only one house (good deal for us). We did this because the appraiser insisted that he gi...