Tina C.
How can I take out equity with no cash reserves?
Hello everyone,I am new to BP and Real Estate investing. My husband and I own a SFH investment property. I would like to take out some of the equity in our rental but do not have any cash reserves. Is there any way ar...
Mahmoud Y. Elhalawany
How do you guys keep your capex and reserve accounts?
Hey guys how do you keep your capex/vacancy/repair/reserve accounts? Do you guys create a different account for each property to keep track of it better? Do you keep different accounts for capex and a different one fo...
Andrew Kerr
Why Have Reserves? How much do you keep on hand?
I have seen multiple threads and discussions on BP surrounding the questions of reserves. SO, I won't ask the same question again but pose it from a different angle. If all of the following happened to you, do you fee...
Ingrid Monin
Realtor is asking for $400 to reserve apartment for rent
Hi first time working with real state agent, he said in order to stop showing the house to any potential renter and "reserve it" for me until the place is ready to rent in a week, I have to deposit $400 and he will re...
Chris Mason
PSA: Have you adjusted your strategy? re: FNMA reserve changes
A few months back, Fannie Mae announced that they would be changing how their Reserve requirements are calculated in the near future. I just had my first few come out of underwriting held to the new standard (I'd been...
LuAnn Vigen
Holding precious metals as part of your realestate cash reserves
So our question is, what are others doing to protect their rental properties if property taxes get out of hand due to inflation and you can't raise rents due to a depressed economy.In light of the Canadian dollar drop...
Hector Sapinoso
Tax impact of building up reserves for capex/deferred maintenance
Hi BP,I recently had some questions about estimating for capex (link below), and that got me thinking about taxes. If you add in a certain expense on your P&L for building up capex or deferred maintenance reserves...
Sean Tracey
Do any of you calculate opportunity cost of cash reserves?
Hi All, Do any of you calculate the opportunity cost of the cash reserves you need in order to be prepared for repairs and capital expenditures on your investment properties? For example, the opportunity cost of not i...
Anthony Velez
Condos that don't have 10% in reserves require 20% down ?
I live in south florida and I'm currently looking to buy a condo to live in it for a while then rent it out , however I have been running into a problem .I have been approved for 150,000 with Quicken Loans . This amou...
Ian McKay
How much for emergencies per door/property in cash reserves?
How much money should you set aside per door / single family property for emergencies such as covering the mortgage due to vacancy? That's my primary concern with brrrr or any property I don't own outright. 20% or les...