David Davis
Looking for advice to invest a reasonable amount of cash
Hey everyone. Hope this is not inappropriate - I am a newbie: What would advice would you give me for my first investment. I have about $40k - $50k to invest? I am open to house hack and buy and hold. I live in C...
Jonathan Farber
What amount reserves to keep in your rental bank accounts?
Hey all, doing some financial planning this week as we are looking to add some properties. Call me old fashion, but I like the idea of having a few months PITI (Principle, interest, tax, insurance). Any good rules o...
Chris Clemptor
land value is higher than total amount paid for house
I'm trying to find out what my depreciation amount is. I just finished reading "Every Landlord's tax deduction guide." I am brand new to land lording and this will be my first time doing taxes with rental income. I b...
Christy Tay
What to offer if you know the mortgage loan amount?
Hi Everyone,Still relatively new to REI. My question is, if you know how much someone owes on their mortgage and they are in pre-foreclosure, generally, what would you initially offer? Would you offer what the same am...
Robin Morales
What is the perfect amount of cash for rental prop?
Hello Everyone!!! I am looking to buy my first property and would like it to be a rental. Ideally, I would like to become a real estate investor and am wondering what amount of cash on hand I should aim to have before...
Anthony Jackson
Startup amount trying to get an idea of start capital
Whats a good startup amount for a Real estate note business starting out?
John Anderson
After almost a month, Lender Will Not Provide Payoff Amount!!!
Hi biggerpockets,Looking for some advice here. I purchased this home subject-to this past summer. The mortgage was pretty far behind, but even so it was a pretty decent deal at the time. Since it didn't make sense t...
Val J.
Requiring Tenants to pay for repairs below a specific amount
I recently met a landlord who told me that she requires her tenants to pay for repairs let's say for example under ( $250). I live in the DFW area and this person's property is in the Oak Cliff area of Dallas. In t...
Daniel Root
Analyzing the amount of rehab that needs to be done
For those of you who buy and fix/rehab properties, do you have recommendations on estimating figures for what repairs may need to be done (books/articles/hands-on teaching)? I would like to avoid the expense of hav...
Account Closed
How to find amount of equity in pre-foreclosures (Florida)
I'm looking for off market pre-foreclosures in South Florida and have looked up lis pendens on the counties' records. I don't see where it mentions the amount that is still owed on the mortgage though. Where can I fin...