Have a large coal reserve for sale in Utah. Have all rights, permits, etc. Executive summary available for true buyers. $100MM+
Hello all, does anyone have a specific formula they rely upon for the amount of reserves they like to keep for their rental business? For example, I typically keep a reserve of 8 months to a year of living expenses f...
The 50% rule applies to multiple properties over an extended period of time. When starting out, with only a couple properties, is there a certain amount, per unit, suggested to keep in reserves? Also, when considering...
So to delay the process of saving for an eternity for the down payment on my first property I decided to apply for a HELOC. I was approved for more than enough for a down payment and I have just enough for closing cos...
How comfortable is everyone with leverage? How much cash reserves do y’all like to have in case of emergencies?I’m just getting started. Im under contract on a duplex. I work full time currently and make good money...
Hey! So everyone has been so helpful so far about auction.com. I have one more question as we prepare to bid on our first property. The reserve price for this property is 120. It is disclosed. We are not willing to pa...
Right now I have a few properties and I am putting offers on more. Luckily I don’t need the income from the rental properties to live off of yet so what I’ve been doing is channeling all the funds after PITI and manag...
Hi. Maybe I am over thinking this, but I am stuck. I have a set percentage I am taking our of rent for reserves: CAPX, Maintenance, Vacancy; etc.. How should I be tracking this in books? Should I be crediting or debit...
If you're able to save up one year of reserves for your property, do you take anything you make after that and put it in savings (for other new property opportunities) or just keep building up that property's reserve?...
For repairs, do you use a percent of gross rent or do you use a flat number, like say $100 per unit? To me, it seems to make more sense to use a flat number since repairs don’t seem like they’d cost more in a 1000 sqf...