Rob Bianco
How much cash emergency fund do I keep?
I'm shopping around to own 2 million in real
estate. It's mostly residential duplex properties with traditional
financing. How much of a cash safety net should I have set aside?
Properties are relatively low mai...
Nicholas Earls
Clarksville TN local bank
Clarksville TN investors: what local bank do you like? My wife and I keep most of our money in Ally for the interest rates but we want a local bank to keep emergency cash in, get cashier's checks from, etc. If we c...
Ashok Jain
Financing new condo
I am in process of buying a condo to help my kid who is unable to afford rent about 2000 per month and she would need for 4 years . She would able to pay half of rent. Condo is about 250,000 . My plan was put 20 per...
Kyle Fitzpatrick
How much is too much to pull out BRRRR
Recently bought a duplex for 40,500. I put in about 8,000 and the appraisal came back at 80,000. Do i maximize the amount I can pull out of this or would I take less to maximize monthly cashflow? I.E. is the money I w...
Jason Hill
Planning for the future, holes needed for my theories
I'm asking these questions now because I've learned to ask questions from those who have been before me.
To not monopolize your time I'll cut to the chase.
Personal:
...
Valerie Kinkead
Personal Residence Converted to Rental Property--2.37% interest rate--sell or hold?
My husband's job moved us away from family and across the country in early 2022. With the way house prices were skyrocketing in our home state, we didn't know if we would ever be able to afford to move back again if w...
Arturo Fuentes
Financial advice for a rookie
Hello friends, So I'm thinking of buying my first property. The idea is for it to be a house hack (live in 1 bedroom, rent out the other ones). Here's the conundrum: I live in Denver where the market is crazy hot. The...
Kikko Maeyama
Cash reserves, emergency fund, operating acct, security depo acct
Hi. I would like your advice and experience. Does a new one-apartment rental business need all 4 accounts/funds? Can I put a security deposit in the operating account until it is returned to a tenant instead of openi...
Hersh M.
Home is the new credit card
Millennials are tapping home equity for vacations and emergency cashhttp://www.marketwatch.com/story/millennials-are-tapping-home-equity-for-vacations-and-emergency-cash-2016-08-24
Jason Nelson
eviction ruling - Did the judge act accordingly?
So I posted earlier about trying to evict some dead beat renters. And everything that I have to say today will directly follow my previous posting. But I started a new discussion because of the questions that I have t...