Replacement reserves are funds that are set aside from a property’s operating cash flow to fund future capital expenditures. Normal wear n tear or repairs.How much should one set aside or budget for replacement reser...
Hi All -The home I live in is on a 10K sq ft lot in a suburban LA neighborhood around 45 mins north from Santa Monica. There used to be two homes on the lot. I was told that a previous owner had combined the two lots ...
I am interested in hearing from anyone that invests in rentals in the Killeen market. Having lived there for awhile I know the majority of residences are rentals, however, after searching the forums there isn't any co...
Hello. I'm thinking about purchasing a multi unit building under rent control in Los Angeles. My concern is that these units are legally 1 bed 1 bath, but the seller claims that the previous owner converted them into ...
Hello there BP. I have a question about financing a BRRRR project. Deal specifics are as follows:
Wholesale deal, 3 bed/2bath single family home in the southeast. Listing price $79500. Needs about 25k in rehab. ...
Good Morning!!
In the upcoming months, I'll be trying to purchase an off-market multi-family or single-family home in Brevard Fl around Patrick AFB (~30 min drive) to "House Hack." (As far north as Titusville and as ...
Hello all, we are so excited to close on our first StR/ MTR that will be a complete gut job. The property is a 3/2, in a great family friendly area and very close to a commuter college. It’s in very bad condition righ...
Hey Everyone, I have about 15-16K cash and have a 12K 1 bed 1 bath house lined up to buy. Minor repairs...should I jump the gun to get my first rental and get started or hold off?Would love to hear everyone’s opinions!
I'm in the beginning stage of bath remodeling. I remodelled the bath somewhat 9 years ago which later turned out to an awful disaster. This time I'm gonna be pretty careful. I've thought of replacing the old cracked s...
I found a 3 bed 2 bath house in a beachside municipality here in Florida where STRs are legal, and where the owner agreed to carry. So in the space between the purchase of the house, new paint, and getting “scared” t...