Dakota Hicks
What is the limit for reserves?
Hello, getting ready for my 1st property and I want to build a model for future investing. When do you stop saving for repairs? Say I save 5% for CapEx and eventually I have $10,000 saved. Do I continue to save or sto...
QuoVadis Gates
New Deal Analysis Template
This calculator is meant for the first loan in a Brrr deal with 20% down. Use where obvious, infer where you think, and ask all the questions you want, I'm here to help.Posting this new one because I've made some edit...
Karen Gordon
Purchase a Home or My First Multi-Family?
Hi! I am a single mom and RE rookie in the SF Bay Area. I am currently renting for 3K a month (i know, it's insane here) and need to stay in this area for the next few years until my daughter graduates high school. I ...
Grant Hibbert
sell or hold-rent primary residence
I'm looking to move into a new home in which I can rent out the basement - but trying to decide what to do with my current home. My current home has appreciated a bit since I bought it 3 years ago and other houses in ...
Account Closed
Advice please. Buy now or wait?
Hi All
I need some suggestions pls. I have one investment property so far. I really want to buy a multi family in cleveland, OH area which would be out of state for me. I have enough money saved for at least 6 months...
Adam Sporinsky
Where do you keep your investment and reserve money?
When the investors here have cash saved up for down payment money on a new investment property, do you store that money in a standard bank account, in the market, in some other liquid investment? Some combination of ...
Jason Avila
Paying consumer debt or investing with new capital?
I have about 25k in cash available. I also have about 45k in non-real estate debt. Credit cards, car loan. I really want to refinance my current residence to get it rented and look to buy a new home. Both the refinanc...
Michael Keys
My first investment
Investment Info:
Single-family residence buy & hold investment.
Purchase price: $50,000
Cash invested: $8,000
This was my first investment and it was bought in cash, 3bed 1bath, 1010sqft
...
Chris Thomas
Pay Off Loan OR Find Deal First?
I've read a lot of about how it's a good idea to pay off your current debt before moving forward with your investing career. I've also read a lot about how you need to pull the trigger on your first deal as soon as yo...
Chandan Lodha
What are your biggest personal finance pain points?
What are your biggest pain points with personal finance? What problems do you have that you wish someone would solve?Some of mine are:- Splitting recurring expenses with roommates (e.g. rent, utilities, internet, etc....