Colin L.
Reserves for a bank loan
I have some questions about getting a construction loan from a bank for ground up development. Typically a bank will want the investor/developer to have a certain amount of money as "reserves" that is in addition to ...
Jason Malabute
operating reserves for my first deal in indy
Hi All,For my first apartment deal how much should I put aside for "operating reserves"?Operating reserves for apartments are insurance, mortgage (principal and interest), and property taxes right?So Biggerpockets sa...
Gregory McKinley
Multi family Repairs
Here are a couple of questions. 1. What formula do you use for calculating Interior Improvements that will be factored into the Agency debt for multifamily units? 2. What formula do you use for calculating repairs and...
Matt Smith
Any Good Property Management Services for Airbnb?
I am looking for a property management service in Napa Valley for my apartment so that they manage the reservations and the cleaning services. There are several options:- Guesty + cleaning services: apparently Guesty ...
Andrew Michaud
38 Unit Purchase. $110k cash flow. Good deal?
I am looking into purchasing a 38 unit from a company. Price is approximately $35,000/door for a total purchase price of $1,330,000. All buildings are in excellent shape, but are in need of roof replacements. Property...
Mohammed Milord
How do you build cash reserves when you are just getting started as a landlord?
I am in the process of looking at single-family properties for my first rental. I don't have any cash on hand for the cash reserves. Is it important to have the cash reserves already saved up BEFORE you acquire a rent...
Bill F.
What Do HOA Management Companies Charge?
Hey everyone out there. I have an offer in on a townhome within and HOA and I just received their budget. The community is nothing crazy, but its above average for the area. It has a pond with a fountain, common area ...
Clint Cook
Property Managment Fees for Vacation Rentals
I'm a newbie, who is looking to start with a buy and hold of vacation rentals. Being my first time, I've got a ton of things to figure out. One of them is property management fees. Property management fees seems ...
Alex Witte
Cash Reserves - 6 months of monthly expenses?
Hello all!I know it is a "to each their own" kind of topic, but I wanted to get a gut check on what others are doing for cash reserves based on their portfolio. My portfolio is small. I have 5 units and I am in the pr...
Cody Hall
Newbie with only 10k too start. What too do?
Hello all,My name is Cody and I'm new too investing in general. Just wanting too get my foot in the door. I have 10k in savings and want too invest it into something profitable. What should I do? I'm 25 with a house a...