I am studying and saving to make my first REI. Generally speaking how much money should I keep in reserves? Meaning after my repairs and closing costs, how much should a budget in case of emergency (ie cant rent immed...

Hello all!I have one rental so far, and each month, I set aside 1/12th of the gross rent for future vacancies.  Since my property has been rented for two years now, I have enough money in the vacancy fund to pay mysel...

This might be a dumb question, but the thought occurred to me the other day... obviously when investing in a rental property you factor in expenses like CapEx, Repairs, Vacancy, Prop Management and others. Being someo...

Hello BP,Curious about something. Most of us have heard about the 50% rule, or saving a % of gross rents for things like repairs, capex, PM, vacancies, etc. At what point do you determine you have enough cash saved up...

ok so I'm ready to purchase my 3rd multifamily home and the problem I'm facing is I'm about 6k short of my reserves. the mortgage company said I need 6 month mortgages for all 3 multifamily home and my primary.I was w...

Has anyone had experience/success in contacting owners of properties that failed to sell at public auction, shortly after auction closes? I'm wondering if there is any potential breach or violation with the auction ho...

Hey everyone! I have some cash to start spending on several more rentals properties but I don't want to overleverage myself. How much is too much leverage for you guys? Do you follow Dave Ramsey's rule of 3-6 months "...

Howdy,

Just curious as I am sure this varies from location to location. Given the current lending and credit climate, how much cash reserves would you consider enough to start a business flipping homes?

Would it be...

I'd like some feedback on a non-typical cash reserves idea using HELOC on investment property.Goal: maintain $40,000 in cash reservesOption 1: Deposit into bank money market for ~ 2.3%Option 2: Purchase $120,000 SF...

Alright so I was told from Wells Fargo that I needed 6 month reserves for my investment properties. First time I am actually hearing this from a lender. Now I also read somewhere there is a way around this like if you...