Does stashing away for vacancy really mean anything? The idea behind stashing for maintenance and Cap-Ex make sense, but for vacancy, say you start out with a new rental, and you put away 3-5% for vacancy per month. L...

Just purchased a 4-plex multifamily in Phoenix in what is probably a C area.  2 units are vacant and do not have washer/dryer's but they do have the hookups and a closet for stacked wather/dryer's.  One unit is a sing...

Hi everyone,This is my first post, and I'm in the midst of education, so bear with me here as I explain this complicated deal that lay before me if I choose to accept it.The deal is $260k for a 1600 sq ft house, and a...

Ever peeked over the fence at the glamorous world of real estate investing and wondered, "Just how much dough are those folks raking in?" It's a juicy question, one that's sparked countless dinner table debates and la...

Kind of new to REI. My wife and I bought a condo in 2015 in Farmington, CT with the intention of living in it. About a year later I joined the Navy and we moved out to California so we rented out to a school friend of...

Hi everyone, I am working on a rehab-to-rent in North Carolina that has some crawlspace moisture and wood rot issues. I'm going to end up replacing 30+ floor joists in this property. Having a repair of this magnit...

Hi,
Curious if anyone has what to say in terms of how to calculate which one is more worth it: to cash out refi on a Long term rental now at 70% LTV, and walk away with X amount of positive cash AFTER paying all debt...

I'm not sure if this is the place to ask but I need advice, help, guidance. If you can give me any advice or direct me where I can go for guidance it would be greatly apprieciated.  I come from a very poor family and ...

Hello BiggerPockets!I am excited about starting my REI journey this year! I live in San Francisco and looking to invest out of state using BRRRR strategy. Brandon says he doesn't like the question "What is the best ma...

Hello All, I'm New to this web site, it is a GREAT site. Im always thinking realestate 24/7.

Heres my first question.

Should i put a suite in my basement To start my REI career?

I own my own home and have been luc...