Is it possible and does anyone have any experience with buying homes on a reservation? I have a motivated seller who owns the home but this is a first for me. Any input or advice would be greatly appreciated. Thank you.
Hi guys,I recently obtained my brokers licensed in Tennessee and I am launching a property management business in June. In Tennessee, brokers are required to maintain an operational account and trust account. The only...
Hi there,My wife and I are new to the site. We are in awe of all the information and resources that are available through this community. A big thank you to all the members and contributors to this awesome site.We hav...
Have you ever run out of gas? I’m not talking the figurative gas tank, but the literal one we have in our vehicles.
I had a truck years ago that frequently over-stated the amount left in the tank and one time it got...
I’m new to owning mfh’s and am looking at house hacking a duplex that’s listed for $165k. Rent for each unit is currently $950/month. I’ll be living in one and renting the other. I plan on utilizing an FHA loan for fi...
Hi All-I'm preparing to buy my second SFH in the next 6 months or so, provided the right deal is there. I really need some help regarding the best way to posture my finances in the meantime so I'm ready to take advant...
Guys,I have quite a few properties and each of them has enough equity to do cash out refinancing. However, my cash in-hand cannot cover the 6 month reserve, which is required even for cash out financing, as some loan...
I am currently in the middle of a rehab on an investment property that I purchased using a hard money lender. I would like to refinance out of the hard money loan to a conventional loan pretty soon. My question is, if...
Hey BP,Just curious to know what everyone's opinions were on the cash flow situation. Do you count the maintenance reserve (I budget about 10%) as cash flow? I see a lot of articles where people are talking about cash...
For example, I set aside a specific amount for each rental. Each year it comes out to about 7,500 in reserves to cover vacancy, maintenance, for each of a small handful of rentals (let's say 3). It's really rare I hav...