Mina G.
buying a 2nd property must show 6 month reserve?
I just got off the phone with a lender and he informed me that I will need 6 month of reserved mortgage payment for each of the properties to obtain a mortgage for a property I want to purchase. Is this true for all p...
Wade Luhman
Estimating Repair & CapEx Reserves for Different Age Propterties
Hi Everyone,When running your numbers on single family homes for long term rentals do you change your regular maintenance and CapEx reserve numbers when looking at homes of different ages? For example, a home built in...
Leona Usaty
LA County Report, Housing Haunted by the Fed Reserve
“Good Morning! We are happy to share Los Angeles Housing Report with members twice a month. And our collective belief is that it will help you grow your business and make informed decisions.”
Leona. L. Usaty
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Matt Munn
Buy and Hold strategies that won't deplete cash reserves...
Hi BP,I was just wondering if any of you savvy investors could offer up some advice on buying and holding properties using conventional loans without depleting cash.For example, if one were to have $50k in the bank an...
Adam Cole
What percentage to keep in reserves when starting out
Hello all! I am new to this forum but have learned a lot so far. It really has been like drinking from a firehose with all the info that is available on this website. I am new to real estate investing but I see the va...
Kevin L.
Rent With Reservation Clause Evicting Tenant In Northern Virginia
Hey All,Recently I went to court for tenant who actually always pays rent on-time (if not early) but is the dirtiest, messiest, hoarding tenant I've ever had. To make things worse, he lives in a shared living situatio...
Nick Barbara
CAPEX & Reserves.. how do I calculate the amounts??
Hi, everyone. Nick here from Hollywood, Florida. I am calculating expenses and not quite sure how to account for CAPEX and reserves.. is it a % of the GI? or purchase price?
Thanks
Sol Gold
How do i find out what the reserve is?
Hi I'm looking to buy from a sheriff sale. Does anyone know how i can find out what the reserve is on a property??
Kristopher Kelly
What is a Safe "Reserves" level for a rental?
Hello again BP Fam, I am trying to decide the proper nest egg for a condo I have in Delaware. I was wondering what yall keep in the savings account for your properties and how you determine it from property to propert...
Hannah Espejo
First fix and flip with no reserves hard money
Hello everyone I have been doing a ton of research in regards to fix and flipping my first home! As everyone knows this market is a little slim however I will be putting in the work. My situation as it stands is tough...