Hello BP friends! What's the rule of thumb for creating a capex reserve? (as a percentage of total revenue) At day 1 of owning the property, do you typically have some $ sitting in the reserve? 

First I would like to thank everyone on BP for giving me the courage to even try this.

Ok so I wanted an opinion on a deal.

Asking price: $170k

Rehab: $65k estimated but I think it will be a lot less

4 family

Irv...

I just recently had an air conditioner condenser unit replaced in June in my California duplex.The bill was for $2200 for a 3 ton with r-22 Freon.The second unit just went out and now I am quoted $2800 for 14 seer 31/...

I am seeing a lot of people jump in and out of the market. Why do you think that is? There have always been a lot of "part time" investors; people who do deals now and again. Maybe a flip a year? One or two wholesale ...

Hello All,I am getting close to settlement of first rental property in Delaware. I am looking for recommendations on tenant screening service/website that offers detailed report on tenant history and directly have ten...

At what point in your venture did you decide to get a website/name and make it an official business venture? I know once you start out its a venture, but once you have a name and title its official lol. I hope that ma...

I'm having trouble getting a house refinanced at more than 75% LTV because it has been rented for the last 12 months and on the market again for leasing. All of the material and podcasts from Bigger Pockets say Buy, R...

Hello BP,
I have a complex question I would love to get some insight on.
I live in Henderson/Las Vegas and my father has five SFR properties in Las Vegas he is overwhelmed with. Together we have developed a great sys...

I have a question about whether to add heat \ air conditioning to a pre-existing addition.  This is my first flip and I am wondering whether to add AC \ heat to the addition.  This is a 3\2 home with a 300 sq ft addit...

I am in the process of buying a double brick triplex built in early 1900's (southern Virginia/historic district), 1650 square feet 2 bed/1 bath units stacked on top of each other. The whole house is heated by a boiler...