Investment Info:

Single-family residence buy & hold investment in Warner Robins.

Purchase price: $118,000

Cash invested: $35,000

Single family home.

What made you interested in investin...

Hello, BP. When you are going to refinance your property. I believe 1 of the requirements are "cash reserves" to cover 6 months to 12 months of funds to cover the mortgage. Instead of having cash, can a person use Cre...

I am taking a $240,000 inheritance and purchasing properties in the next several months.  How much of that should I hold in reserve? Some of the properties may not yet have renters.  The area, though, has fairly stron...

I'm looking to purchase a multifamily Unit in the Southern California area.  How much  money should I have in reserves when purchasing a multiunit? What is a general good rule of thumb to go by? 

Hey guys i need your help, my partners and I are planning on house hacking our first property. We are planning on using a 203 k loan, our lender told us we need about $50k , not including reserves ? I live in NY and w...

hey everyone, i listened to podcast episode 172 about apartment complex investing not too long ago. On the episode the guy being interviewed said banks typically require you to keep a certain amount of cash reserves i...

BP Community,
I am looking for your input on a potential deal. I am interest in buying a single family home to Fix & Flip or BRRRR. I will House Hack while rehab is taking place with a roommate to help out with t...

I am currently building a series of training videos and documents, to teach virtual assistants how to do the job of reservations person. Does anyone have any tips on building the training program, or on hiring virtual...

While I know the 50% rule isn't always a direct measurement of things, for this purpose I am going to assume it is. So, being a newbie, it is my understanding that 50% rule simply states that 50% goes to costs of prop...

Hey everyone,I am searching for a small multifamily property (most likely a duplex) in South Jersey.  I am going to look at three properties tomorrow with my agent.  I am crunching the numbers and determining at what ...