Rocco Swinney
do i need reserves on rentals when i buy a primary?
I know when i buy a rental i have always been required to have 6 months reserves on each rental and 2 months on my primary. Last time i moved and bought my primary... the lender only needed 2 months on the new primary...
Suzie Remilien
Contingency-reserve fund when using investor money to buy mortgage notes
How much money do you set aside for contingencies (i.e.bankruptcy, unpaid taxes, evictions) when purchasing notes?Also, how long should such contingency funds be held and should they bear interest?
Lisa Wilson
HOA does not have Reserves. Community didn't approve Special Assessment. Sell?
Hello, I own a townhome in a Community. The community has private roads not maintained by the City. There have been many water main breaks (significant issues with pipes) over the last few years. At this rate, the HOA...
Kim Hopkins
Does Raising Equity for Reserves Artificially Increase Cash on Cash Return?
I'm looking at a passive real estate investment where part of their equity raise is for Tenant Improvement and Leasing Commission (TI and LC) reserves. When they calculate their annual cash flow, they do not include t...
Todd Moriarty
If I buy an apartment building, who keeps the cash reserves?
I'm looking at different buildings right now and was told by a reliable source that, if I buy the building, I get the owner's cash reserves. That doesn't sound right to me. I know I get the tenant's security deposit...
Sinead Norenius
No HOA reserves but operating funds look good - should I run?
Hi BP Community! Total newbie here - so bear with me if this question is obvious to others! My husband and I considering putting in an offer on a small 1-bedroom 1 bathroom condo in St. Petersburg, FL. Using the Dea...
Scott W.
How much did you have in reserves after 1st deal purchase?
Since buying a home is so $ intensive, my question is how much did you have in the bank after buying your 1st investment property? Seems it would be difficult to pull off with a down payment, closing costs, rehab, etc...
Adam Williams
Do you consider the capital reserves part of the cash flow?
I've been running the numbers on a bunch of places and the cash flow after all expenses often comes out to be between $50-100/mo. Since I'm targeting $200+ in cash flow, the deals don't seem to work. However, in my ex...
Scott C.
Cash reserves: How much should a buy and hold investor have?
I'm a buy and hold investor and I have a question about cash reserves. How much is enough?
We have 2 and soon to be 3 (closing on December 3) SFRs. One is rented now and the 2nd one should have a tenant in it...
Kyle Jacques
Do I keep my reservations if I leave my management company?
I am looking to possible leave Evolve and I have a lot of booking in Jan and February . If I decide to cut ties, do I lose these listings? How does that work? I am not familiar with this at all. I am a new STR inves...