Navin Kumar
Is 80% ratio between expenses and rent too high ?
Hello,I've a deal that came across my table for which the expenses are 80% of the annual rent. What is the recommendation as per the 50% rule ? Should I avoid deals that have too high ratio of expenses and rent ?Pleas...
Marlon Freeman
Replacement Reserve Funds
Good Morning BP,
I have a question about reserve amounts. When analyzing deals, what do you budget for reserves? do you withhold a flat rate amount, or do you withhold a percentage of the gross rent? Currently I am ...
Ryan Sajdera
Does maintenance reserve count towards your cash flow?
Hey BP,Just curious to know what everyone's opinions were on the cash flow situation. Do you count the maintenance reserve (I budget about 10%) as cash flow? I see a lot of articles where people are talking about cash...
Matt F.
Tell me if I should buy this Condo
Hi all,I am looking at a condo for sale at $171,000 in cash that needs $6k of work as a rental. ARV of $195k. HOA fee is 210/mth, Taxes $80/mth, Ins $25/mth. Rental rate is $1800/mth. I am happy with the cash flo...
Allen W.
How do you retrieve equity if owned free and clear
Can anyone tell me how this works?I'm thinking of either:A. Attacking the principal and having a property paid off free and clear possibly within the next 4 or 5 years to help scale and increase cashflow as there woul...
Valerie S.
Paying mortgage when tenant is late on rent?
Hello everyone! Newbie here and preparing myself the best I can for my first property. Curious how you pay the mortgage and eviction expenses if you have a problem tenant? If there ever was a need to spend money for e...
Jacob Phillips
Evaluating cash flow
Hello BP, I’ve got a new guy question that I just want to check my mindset on.Obviously the name of the game in buy and hold is cash flow. So, when I’m evaluating deals, especially my first few, how much emphasis do y...
Justin Bullock
How To Manage & Mitigate Home Repairs For Investment Properties
“How To Manage & Mitigate Home Repairs For Investment Properties” by By Justin M. Bullock, Real Estate Developer, Investor, & Realtor®It is all too common where I see investors getting hit with additional expe...
Asim Alam
Tax Title Services To Obtain Title Insurance?
Does anyone have any direct experience using the company Tax Title Services (https://www.taxtitleservices.com/) to get title insurance on a tax deed property?They say they operate in Georgia, but I just spoke with und...
Khari Lewis
How much cash reserve
What is a good amount of cash reserves should I have for maintenance and unexpected expenses of each rental property?