I'm under contract on my first multi (yay!!) and I'm setting up my accounting. Is there a number you like to set aside as cash reserves for cap ex and repairs? Is there a number per property you like to leave in the...

Hello BPers,

I really do enjoy reading your post and also your blog. I wanted your take on my situation.

Monthly income is 6000. Expenses is 3000. Stopped 401 k contribution up to employer match.

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Hello,  I have a 401k and I was thinking of cancelling it because I have a 457 b option plan. I haven’t put much into the 401k so I’m not worried it much(only 6k). But recently I’ve been thinking a lot about it, my em...

Hello again BP Fam, I am trying to decide the proper nest egg for a condo I have in Delaware. I was wondering what yall keep in the savings account for your properties and how you determine it from property to propert...

Hello, my name is Edrei and I'm 18 years old. I'm still learning about real estate from podcasts, books, etc. I keep hearing that I need high savings in order to invest in real estate, (and I just started my first job...

Hi!I'm planning to purchase real estate with my boyfriend as tenants in common, since purchasing through an LLC is complicated with his visa status.Does anyone know what the process is to become tenants in common? For...

Good afternoon! New to the whole REI game and looking for advice. I have been reading books and listening to many of the BP podcasts. Super interested in the BRRRR method and wondering the first steps I should take. N...

I bought a condo with my mom a few months ago and I owe $120k on it. I have $29k in savings atm. I make $59k a year before taxes. I save about $2k per month. I have no car payment. We bought way under budget I believe...

Hello BP!!!I am very excited to finally come out and introduce myself here. After lurking in the shadows over the summer reading books, analyzing deals and listening to all of the podcasts, I am ready to dive in. My g...

I just closed on my first property a triplex in Peoria Il, but i currently live in Georgia. I’m struggling on how to set up my bank account for my investment (s). I know i cannot use my personal bank accounts. Please ...