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I've been dividing my monthly rental income into 3 buckets.
Bucket 1 goes into repairs for the property
Bucket 2 goes into the mortgage payment
Bucket 3 goes into future investment savings (MM acct due to higher ...
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Hi BP Community!We are getting set to close our biggest CRE investment here in about two weeks and since it is a hybrid of creative financing and an SBA 504 loan, we wanted to share some lessons learned since we have ...
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Hello biggerpockets :), heard back from two of my brokers and pretty much the only options I have to get into a rental is going the private route. So I just started thinking and thought about freeing up some cash whic...
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From what I've read in the forums it seems that conventional wisdom here is it's best to hire only contractors & handymen that are insured. I adopted this perspective when I started as a landlord as I tend to trus...
hello, we are relocating and I would like to turn our current home into a rental. We are in the Austin area and expect the market to continue higher.We have a deck that has started to degrade with rotten boards and ...
Do you pro-actively save for major projects (new roof, new HVAC, new water heater, etc)? Or, do you sort of wing it and hope for the best, knowing that you'll probably have enough cash on hand to cover something li...
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Hey Everyone,
I'm technically not an investor yet because I haven't done anything but save money with the intention of investing in RE. I live in SoCal and after reading through BP blogs and the beginners gui...
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Hey everybody,I'm planning to go to Miami for vacation and I'm so addicted to real estate investing that I want to take some time to look at opportunity in the Miami region.Here's my strategy, I want to wholesale or f...
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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...
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Hi Friends,
I stumbled across this platform while reading a book about getting started with Real Estate Investing. I'm looking to learn, build relationships, as I begin this journey. I just want to get started and I...