John Gambone
Cash Reserve Question
Hello Everyone!I have a couple questions that I would like to get more experienced people’s thought on about Cash Reserves on SFR and Multi-Family units. And more specifically when to cap your reserve account and put ...
Khalid Haynes
Multifamily Upfront Reserves
I'm planning to buy multifam to house hack in the future. I'm curious about having upfront reserves ready. I want to mitigate risk by building a reserves cushion to have ready at the start of the investment and doing ...
Eric Landes
Airbnb reservation bots
We have been hosting strs over the past year with great success. This past week we have had over 5 inquiries on one property that were fake inquiries. Has anyone else had a problem with this? Looking for strategies...
Derrick W.
Amount of reserves?
Is there a formula or general rule as to how much reserves you have set aside per property?
Michael Bertsch
Lender reserve requirement
Hello BP community! I have a question about the 6 month reserve required whenever you finance a property. Could I take cash from my HELOC, transfer it to my checking/savings account, and that be my reserve? After fina...
Ryan Reddi
Typical reserves calculation
Newcomer in the investment world, I apologize if this question seems straightforward and may have already been addressed elsewhere in this forum.
I'm currently contemplating the purchase of a newly constructed proper...
Ira Bloomfield
Replacement Reserves Question
Are you ever able to get money back from your reserves with the lender for routine make-ready expenses? If not all then is any reimbursable, such as new flooring, or new appliances, AC etc? Thanks
Ira
Randy Johns
Are Reserves Required?
Looking to purchase 1st multi-family and being told that I need 6 months reserves after down payment and closing costs. Is this true, is this new? (Ex: mortgage is $3k, would need $18k on top of closing costs and down...
Sebastian Roy
rental property reserves
Hello everyone, I am curious as to what is the best way to separate/save cash reserves per category for your rental property?
In the biggerpockets podcast episode 193, @Brandon Turner said that for most of his ...
Michael Puwal
Saving for reserves.
The Bigger Pockets people often talk about putting capitol expenses, operating expenses, vacancies etc, in the budget when analyzing a property. What are general practices for this? Do you stop after saving enough f...