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There is a big work project coming up in the refinery of my town. 4000-5000 people will be here from start to finish. I already have people contacting me and want to reserve a place in February or March of next year...
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In case you missed it, the online rent payment company eRentpayment has had major issues when their payment processor filed Ch 7 bankruptcy and casued a lot of investors rent to not get deposited. This started quite ...
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I'm appraising a medical office condominium, and the owner's association appears to be undercapitalized... 0.3% of market value.What is the general rule of thumb when analyzing commercial condominiums and the amount o...
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I find myself at a choice. To buy my third rental property or to pad my reserves.I would say I have pretty health and conservative reserves. While not my target should I want to sit and start siphoning off my cashflow...
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Good day!I'm working on putting together a plan/system for moving forward with either a wholesale or BRRRR/fix&flip. With hard money lenders/private lending, it's seeming like I'll need to make interest-only payme...
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My question is how are you getting the most out of your cash reserves?I am talking about your operating funds including your short term rainy day fund like a broken A/C system. Specifically, I am talking about liquid...
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Hi everyone! I just wanted to share one of my learning experiences from purchasing my first 3 family househack in Leominster, Massachusetts back in December of 2021. I purchased my property that was built well before ...
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I recently began a HELOC application process for 60k with a well-known credit union, and provided all of the necessary documentation. One of the requirements was to have over $30,000 in reserves. This put a sudden hal...
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Where do most of you all place your cash reserves for repairs? Stock market, savings accounts, cd’s etc? Is the stock market too risky for your reserves or does it make sense in order for growth potential?
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I am definitely going to meet with a CPA, but I want to understand on my own as well. We did our first HML this year, and I am confused about how I treat this for accounting purposes. I am using Wave Accounting. I d...