Hello,
What maintenance reservere do you think is conservative for the following property?
2x1 duplex in Florida, built in 1983. Block home. Each unit is about 1150 sq feet. Each unit also comes with a 3 car gara...
Hi. I would like your advice and experience. Does a new one-apartment rental business need all 4 accounts/funds? Can I put a security deposit in the operating account until it is returned to a tenant instead of openi...
Do you guys pocket repair reserves at the end of the year, or do you leave them building up like CapEx reserves? How about Vacancy reserves?
I have a high interest in multi family real estate investing. Before I actually purchase my first investing property. (Duplex or Quadplex)How much cash reserves should be set aside? I ask this question because during...
Hello Everyone,I recently listed my Airbnb listing and finally decided to move out of Evolve.The listing is fairly ready, but I had a question on "choose who to welcome for your first reservation"there are two options...
Apparently not the Federal Reserve Inspector General. She doesn't seem to know who is responsible for investigating as well.
http://www.youtube.com/watch?v=PXlxBeAvsB8
New to managing our STR that is 1/2 block from the beach. We got through a tropical storm with a renter; everything was great and they had a great time. Ended up with moderate to great weather and received an amazin...
What should your expense reserves be on a monthly basis for maintenance, vacancy/turns, and capex for residential 2-4 SFHs?
I just recently purchased my 4th multi-family property this summer and now I am debating what my next step should be. My current goal is to reach 8k/month in cash flow. Here are my options as I see them.
1) Build up...
I'm speaking to a lender right now and was told that in order to qualify for an $80,000 loan I need to have 6 months in financial reserves in order to pay for the PITI. Is this typical?