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Every month I put 10% of all rents collected in a reserve account for cap ex. I don't expect any major system expenses in the next few years, as most of my doors were total rehabs after I purchased them. I have ample ...
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Hi everyone,I'd love some feedback on my scenario. I have an applicant with the following scenario:1. Income 4x the monthly rent. 2. Credit history is flawless - mortgages paid off, solid history of paying credit ...
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So it seems like people just happen to stumble upon BP when they are searching for information about real estate. Or a friend tells them about the site. How did you find BiggerPockets?
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Wanted to get everyone’s thoughts on this deal. I recently closed on a property in Hawaii because I never found ANYTHING that could cash flow in the Bay Area. I was not planning on buying another unit for a few months...
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H Everyone. I delivered a 3 day notice to perform this morning on what we thought was a great tenant. I took pictures to document what is listed below. Not sure if that is a violation of anything but I did it anywa...
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Hello everyone,Would you share your experience selecting the lender for your first 10 rental properties? Since you can get conventional mortgages with Fannie/Freddie, what criteria do you use to choose a Bank? Or wou...
Hi everyone!
I'm in my mid-20s and have no experience in real estate, but I'm really excited to buy my first piece of property this year!
I have enough saved to make a down payment and my relatives are ...
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Hello Bigger pockets community! My husband just accepted a job offer in Jacksonville, FL yay! I am reaching out because we are in need of a rental property preferably a short term lease but we are willing to go for a ...
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I live next to a community where a large employer has been acquired by a competitor located in another state. There is a strong possibility that the acquisition could cause the loss of hundreds of jobs in a relativel...
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I'd like to know what my BP folks would do in this scenario. I owe $25,000 on 1 of my properties. I'm paying $220 a month on the loan (and an additional $90 in escrow for taxes so total payments are about $310). 13 y...