Dean Suzuki
Where do folks put their emergency cash reserves?
Hi,
I have been reading the posts and have set aside money for an emergency funds for our rental properties. The funds are currently sitting in a bank savings account earning close to 0.01% interest. I am w...
Scott Hibbert
Anyone invested in Woodmere Reserve syndication deal? Scam?
In November 2020 I invested in a syndication deal called Woodmere Reserve with Lucas Miller. It is a 200 unit apartment building in Montgomery, Alabama. I am curious if anyone else on this forum invested in it as we...
David Palmer
Cash Reserves.... The Waiting is the hardest part
I am looking to buy my 4th investment property to live in with a 5% down payment. I am waiting on my tax return to start moving. I currently have 3 duplexes. How much of a cash reserve will I need for this move? House...
Brad E.
Need help factoring new roof into CapEx reserve
Hi. I'm looking for some help understanding the best way to factor in roof replacement cost, at a given time in the future, to the offer price. I would categorize this as CapEx expense of course but my question is a...
Rachel Luoto
What can be used as reserves for apartment?
Hi! I'm doing the analysis for my first apartment complex - fingers crossed! Curious what can be used for reserves - I know for SFR's the banks have accepted 401k funds. Could free-and-clear property count as reserves...
AJ Smith
House Hacking Reserves - Analyze for PM or No?
Hi all,
I'm analyzing for 28% reserves (4/7/7/10 Vacancy/Repairs/CapEx/Prop. Mgmt) and am having a lot of trouble finding viable deals.
I recently added the 10% Property Management expense to my analyses, and once ...
Andrew LaBorde
First REO - unmet reserve, Direct Offer bid advice
Hello, I am a roofer/contractor and I am looking to purchase a local REO and have been watching it for a few months now. It was up for auction with a min bid of apprx. $40k and is assessed/valued at $120k. I’ve checke...
Leon Lee
How to batch cancel reservations without being penalized
Hi, BPersWe recently purchased a rundown motel that had extremely poor management from the previous owner. It is a beachfront motel but let guests book for free. There are hundreds of bookings extending to the end of ...
Vlad Selsky
Great investment, but zero HOA reserves. Show stopper?
After a very long search, I am days away from signing a P&S on a condo investment. This is in Boston. It is a residential unit in a 12 unit complex. 9 are residential, 3 commercial. The cash flow and IRR are fanta...
Mindy Jensen
What do you budget for reserves and CapEx?
Reading another thread, @Nathan G. said "I suspect it's in the neighborhood of 20% (of landlords) that hold reserves and even fewer that hold the proper amount."I see a LOT of people asking how to start investing with...