What has been your personal experience with Lines of Credit being frozen? I'm thinking of using combination of LOCs and HELOCs to serve as my reserve funds, but I've been warned several times that this can be risky. ...
How much cash do you keep on hand per property? I am involved with a risky family business, and consider my side REI as less risky...so I tend to be more conservative with my rentals. have kept a small reserve for rai...
If there's a good deal you want to buy all cash at $200k, and you have $250k cash on hand which is also your emergency fund, and also $250k HELOC at 4%. In 6 months you most likely can refinance.- would you use cash o...
So my duplex was vacant for almost a year (could have been more aggressive with finding tenants) and I was let go from my job back in January so I was bleeding for a while. I got a good paying job and my property is n...
As a landlord the only thing about the process that makes me rethink my decision to buy rentals are the maintenance calls. Not the repairs but the calls that come all times of the day and night. I really don't want to...
Hello everyone,I'm a firm believer that my money need to work for me 24/7 and currently when saving money for Capex, vacancy, and maintenance my money is not working for me. A bank that pays 1-2 % interest will lose m...
Hello everyone! We bought our first home almost four years ago, and we are finally going to make it our first rental. We have saved like crazy and are looking to upgrade in space. The question I have for everyone is, ...
Hi, Me and my wife just moved to the US from the UK, and we're setting ourselves up financially. We're late to the game and should be more educated on the topic than we are, but that's where we are. The issue we're ha...
I know a lot of BP members invest in these areas. The COC returns look great, but does the population loss worry you in regards to future rental demand? If not why? I'd love to hear some impute from the Ohio investors...
Hi Everyone,Im a new investor but am very interested by finding emerging market 'hidden gems' -- think lots around up-and-coming Colombian beaches kind of thing., or land with phenomenal views, or country land that wi...