Across the forum, we talk about ensuring that you maintain your reserves... but how do you actually manage them on you own the properties? This question is for the properties you plan on holding. If you are flipping, ...

Hello Everyone,

I need some advice. I was just preapproved for a FHA or Conventional Mortgage through BOA. The mortgage amount is 130k and up to 275k. The bank rep told me I needed to show proof funds in the amount o...

Hi all! I am looking to make my first real estate investment in a four-family building. I am open to living in the property, if necessary, however, would prefer not to. With that said, I am aiming to limit the total d...

I am forming an LLC with another partner/member to facilitate the purchase of properties via short sales, REOs, and trustee sales. Having one LLC will make it easier to have all income and expenses accounted for under...

Hi all. We just started rehabbing a 1500 square foot house in an upscale neighborhood. It currently has a 150 amp service and panel box in the basement. My thinking is that we may need to upgrade to 200. Especially...

I am looking at an off market 16 unit complex - I have never done a multifamily analysis but have enough cash for the option to leverage or buy outright. Recommendations on how to assess MF properties?

Hi all,How much cushion should you have saved for fees and misc expenses when buying say an investment multifamily property?For example say I have $100,000 saved and go to buy a $400,000 complex with 20% down so 80k d...

Both of these markets are rising, and seem expensive. What criteria should I look for in properties in this price range (other than cashflow)? Looking to hold and flip.

Hi All, My tenant called at 10 pm on Jan. 1st to let me know that the furnace (natural gas boiler) was constantly cycling on and off and the temp was dropping in the home.  I instructed him to contact the local HVAC c...

Hi BP-I've been reading books about FHA house hacking but it just doesn't seem feasible in expensive markets. So I was wondering if I missed anything?  Take NYC(where I live) for example. I've seen most of the 2 famil...