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To preface - I am really a new investor.From my understanding, if you want to purchase off-market, oftentimes you are dealing with wholesalers or people who need cash now.Unfortunately, conventional and commercial loa...
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So I have 6 months of expenses set aside in reserves. Is this an acceptable amount to then increase my cashflow a bit and decrease the amount going into reserves? When below 6 months reserves, I do 10% maintenance, 8-...
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Replacement reserves are funds that are set aside from a property’s operating cash flow to fund future capital expenditures. Normal wear n tear or repairs.How much should one set aside or budget for replacement reser...
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Has anyone found it economical to get insurance on home appliances (washer, dryer, dishwasher, HVAC, etc.)?Any recommendations or advice, if I only have two units in which I would need to do this?Thank you in advance.
I had formerly owned rental property, but sold. Regret doing that, so I’m looking to get back into real estae rental investments.
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My portfolio is growing and I need to get more organized. I currently have 9 doors and 2 more pending. I've started making an excel spreadsheet to calculate pure cash flow for each month, so I know what I'm actually...
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Hey BP Community,
We all love the thrill of acquiring new properties, expanding our portfolios, and watching our net worth grow. But how many of us are actually prepared for the unexpected?
I wanted to start this co...
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Trying to take these bad Napa fires as an opportunity. Housing shortage we have already this will make worse; therefore seeing if I can make this a business opp to get more on line
Anyone know process for a home/apart...
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Michael's fire has me thinking about safety inspections. Have not done so but should.
With older homes and lead paint it is important to attend to peeling interior paint for kids who might chew on it.
Checking alar...
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Hi everyone,The oil and gas industry is a huge driver of our state economy and with $50/barrel, oil companies around here are making cuts and laying people off. This will be my first rehab and I already have all my fi...