Joshua Hollandsworth
Up for a debate? Prove me wrong.
I know the title is awesome. I would like to hear from all of you, the professionals! Though I am a newbie, please don't assume that I haven't done my due dilligence. I have been studying real estate for a few years. ...
Trenton Mattson
CONDOS WITH HOA/ ADVICE
In Good areas of CA I’m seeing some opportunities in potentially buying condos. Wanted some input from people that have bought condos that have HOAs. Are condos better for long term maintenance costs? Benefits of an H...
Qwee Parker
Stuck between a rock and hard place....help?
Hello,
I am looking for some thoughts on my recently crumbling real estate journey. My partner and I own 2 properties. We bought our most recent property in May 2023. In October 2023, I had a baby. Within the same m...
Acesa Garrard
Newbie Forced Rental
Hello All!!!My name is Ace new to BP as of about a month ago. I have just been offered a new job in Columbus, OH and must move. Sadly I just purchased a home last May for a total purchase price of $81,900. As of today...
Brandt Fanion
Financing Options for STRs
I'm looking to purchase a vacation rental in the Central Florida area, most likely somewhere within an hour of Disney. I've been working closely with a couple different lenders too finance the property as a second/vac...
Jeff Macdonald
Listing vacation rental for sale while renting it
Hey Vacation rental folks!Has anyone had experience listing their vacation rental for sale and rent at the same time? We bought our first investment house a couple months ago and are really on the fence about flipping...
Matt Sora
How much should you have in Reserves???
How much money should I keep aside as a reserve for my Properties? I know it all depends on how much you have but if I'm just starting with like a four-plex, what is a good rule of thumb before I start taking money fo...
Jordan Thompson
Septic backup, Home warranty, and amazing tenants
Hi all, I recently had both of my (amazing) tenants report septic backup through their toilets. Each side of my duplex is 2/1. I called the septic company that did the original inspection 18 months ago at the acquis...
Christy Osterkamp
Calculating Fannie Mae Reserves
Hi guys,
Can someone tell me what the % of reserves Fannie Mae requires for 9 properties? I know the first couple are at 2%, the next three are 4%, and 6-10 are 6%. My question is.....once you hit #6, are you re...
Nathan Gesner
How much reserve should you maintain?
Do you keep a reserve? If so, how big is it? How did you decide on that number?