Does anyone have any experience when buying through www.auction.com with the reserve? Specifically, my question is can they lower the reserve or remove it as the auction progresses or does the reserve stay the same...

So we finally found our first deal on a SFH, (after numerous offers, refusals, Mo. searching, reading hundreds of forum posts ,etc) got it closed, got the rehab done, paying renter, and a nice bit of cash flow, Swe...

Hi BP, I need help to understand seasoning and find different options in our business model.All right, what I understand is that seasoning is required when someone is buying a house with a conventional loan in order t...

I’ve been researching the BRRR Strategy for about year now, in the meantime, I’m in the process of flipping a single family. In all my research, a video I watched today was the first to mention that you will be requir...

When running numbers on a potential property, do you typically budget for turnover costs in addition to capex reserves? I’m guessing if any turnover costs are incurred, the security deposit from that tenant would pay ...

Hello All,I'm looking for some advice.  I have a cabin in Minnesota and am renting it out on VRBO.  I received a reservation request for 6-8 weeks and am wondering if we book them if it will trigger a long term arrang...

Hi BP community - I am getting ready to do some renovations on my property that will cost about 25k.  I have cash on hand that will cover the renovations and I also have a HELOC.  I am stuff on trying figure out shoul...

I was wondering if anyone factors Replacement Reserves (i.e. potential future CAPEX repairs) into their CAP Rates when doing a property analysis?  As many of you know a CAP rate is Net Operating income (NOI) / Purchas...

Cash reserve requirements just changed for conventional financing! 6 months PITI is required on subject property, always! If you have 1-4 financed properties than it is now 2% of all unpaid principle balances.If you h...

Just wanted to stress the importance of reserve funds to new investors. Most of my investments are newer units 2000-2006. Due to lack of building since the crash, a 2006 unit is almost considered new construction. The...