Colin Reid
How Much to Keep Liquid?
Hey, guys. I want to know how much money you keep available for contingencies on your SFR rentals.I have two SFR's, with a third (current residence) to be rented within a year. With the two rentals, I've never taken a...
Steven Jones
Is it risky to own a debt-free rental property?
I enjoy thinking of the many benefits of owning rental properties that are free and clear of debt. However, I recently began considering some of the potential disadvantages of debt-free rental properties, especially f...
Chase Freund
BRRRR Method - Biggest Advantage and Disadvantages
What are some of the biggest advantages and disadvantages investors run into when trying to complete a BRRRR exit strategy? Really looking to hear more about the downside so I can proactively help investors with their...
Erwin F.
If I require renters insurance, should I adjust rent?
So I was thinking of requiring renters insurance when our tenants renew next time. Let's say market rent in our area is $875 for a 500 square foot 1/1. If I require renters insurance, should I reduce my rent to $850...
Ryan Billingsley
Deposit?
I have read many different perspectives on the deposit that landlords ask renters to pay before moving in. What is a fair amount to ask the renter to pay? I would like to get the equivalent of the monthly rent as a ...
Corey Davis
Operationalizing & Scaling
Hello,I am an accidental REI. I acquired my first home in Massachusetts, renovated it for myself thinking I would stay for a long time yet ended up moving to WA state. Since I renovated it to my preferences, the home ...
Frank Nouma
North Philadelphia Off-Market Property. Deal or No Deal?
Hello BP Family, I would like to get your opinion on this. I recently found a "Deal" in Strawberry Mansion Philadelphia (19121). This is a fully gutted property that will need a complete rehab. Here are the details:
...
Wesley Myers
Bank Accounts for STR’s? What do you do?
Been reading a lot of different scenarios for bank accounts with rental properties. Wanted to get your suggestion on my specific situation. Just purchased our first STR condo here in PCB. Have $10k in reserves for re...
Stephen Kunen
Will plumbing and electric rewiring increase value
We recently purchased a 6 unit building and are in the process of rehabbing it. Because it’s a very old building (more than 100 years), turned out there is more work needed than our initial scope. Most notably, it loo...
Jeff Weissman
Out Estate Investments
Has anyone heard of or done business with this company?