my wife and i are planning our next home. we purchased our first home for 215k about 5 years ago. we put down 20% and we have a mortgage balance now of 159k. our rate was 4.2 five years ago. we have a child now...

how do you calculate how money money you should have in an emergency fund for the property to cover vacancies/repairs? I will give you a scenario. Lets say the home you own and rent out is valued at 125k and was bu...

Ok here goes.... I’ve finally put some of the useful knowledge I’ve acquired over the years on BP into action. My strategy is buy and hold and I’ve just acquired my third deal. I now have approx $1M in rentals but am ...

Hello BP Community!We are in our first year of our REI journey. We grabbed a 2 duplexes that were in decent shape and already occupied and renting for well under market value. 2 of the Tenants have been in place for &...

We have 2 investment properties financed as well as our primary residence for a total of 3 mortgages. We are also on the hunt for a new home (in a very specific neighborhood so it may take awhile) and plan to hold ont...

Hi all, been scouting the forums for a while and decided to ask a question myself.Wife and I purchased our first (primary) home Jan 2021 in Los Angeles with interest rate of 2.6%. We're mentally ready to purchase anot...

Hello BP!I’m a newbie, I purchased a home warranty for my rental, I got the everything plan! Prior to this, I was allocating 10% for capital expenditures every month, and 5% for regular house maintenance. Given that I...

I purchased my first property back in January and I'm getting ready to purchase my 2nd. I live in Seattle so I'm starting out with the turnkey route. All properties have brand new HVAC system, hot water and roof so my...

My goal is to get into quite a few rental properties so I want to make sure I start right. As I read how others have acquired rental properties, they almost always mention that investors are stuck with 4 conventional ...

My question... how do you all know how much reserves is enough?? What is "safe" or responsible to start? I've read 6 months reserves on all fronts, but I've also read people "making it" with zilch to their name. Do yo...