How much do you hold in reserves for each rental? Do you hold more or less for property type? (I.e. Condo vs Duplex)I've heard 6 months but am curious what others are using.

Good Afternoon BP!As the title says, I'm in the market for a new bank; hopefully one that can do it ALL efficiently and with great user-friendliness. I've tried to keep it "local" and support my community, but it's ju...

Has any one heard of this before, They want you to pay 3500 for there software so you can manage your accounts. It sounds lke we can do this with out paying for the software.
Any info?
Thanks
FD4

Dear investors,I just signed up BiggerPockets today. I was searching seller financing in San Antonio, TX. I am in real estate, buy and rent out since 2020. beginning level. I am planning to sell one townhouse. and wan...

Hi all!  I'm in the process of purchasing a condo in Davie near the school I'll be going to (Nova Southeastern University).  Its a 3BR/2.5BA townhouse.  I'm looking for a roommate to help cover costs.  I have a lead o...

We have been using Rentredi for payment and sometimes cash or ACH. A few tenants have requested using Venmo. Is there any issues anybody knows about in regards to using Venmo?

I am working on a score sheet that automatically gives a tenant a score and pass/ fail mark depending on each property's minimum qualification standards by simply entering information found on a application background...

Hi,

Was wondering if any of you loan professional could help me.

My FICO score is at 740+

Income is good, not an issue.

Up to 50% down if I had too.

Debt in Income will be lower than 4...

Like the title says, can you buy a property under an LLC using a line of credit secured by a rental property under personal name? What are the ramifications? Thanks

I have seen in the forums that different people approach Medical collections in a credit report differently.  Some automatically do not approve applicants with multiple collections regardless of what they are for, whi...