I live in a small (166 homes) HOA. Originally 2000 home were planned. The developer had two builders originally ans started selling in 2006. The crash occurred and after the two builders sold the homes they had ...
Hello, everyone. I have a newbie question about reserve funds. Let's say I have a number of rental properties, each with income, actual expenses, and reserve funds for capex or vacancy.1) Do you have separate bank acc...
Hello All! Thanks for the attention, so I bought my first property in December of last year. This year on a positive note I've been able to rent out the rooms consistently. Murphy apparently moved in too. lol the part...
Hello BP,Newbie here..So I noticed that quite a bit of folks hold a stockpile of cash for each rental property that they have to be safe. Say you buy a reasonable priced home that's in fairly good condition low maint...
Hi all. Newbie here and new to calculating the deal.
What cap ex number or % do you use for calculating expenses on an apartment, or is there no cap ex for an apartment and instead is only maintenance and HOA ?
Th...
I am about to sell my personal home, a foreclosure I bought two years ago, for a nice profit. I want to buy some rental properties and I would like to buy another undervalued home to live in and flip again in a fe...
Hello All,
I'm new to BP, and I look forward to meeting many of you! I could use some help to figure out my next steps in this journey to be as successful as you all.
My journey started last year, April 2021 when ...
Hey guys,I've been digging through the articles, listening to the podcast, and I hope to glean from the collective knowledge of the group about next steps in our property investing.My wife bought a home before the Nas...
How many months of reserves do you have on hand? Whether it be for after closing, finishing renovation, or for turn-over on a rental? I'm sure it would be great to have a tenant lined up to move in right away, but...
I have about $60-70K equity in my rental property. My current interest is very competitive so I am not necessarily looking to get a new mortgage company. What is the best way to get money out of my house without pay...