Can y'all tell me what the typical amount of cash reserves are needed to keep for random capital expenditures?

Is it based on gross rent?

I know older Units will require more yearly maintenance.

Is there a formula...

Hoping I can post this here and see if anyone has any advice for me. 2007 bought a duplex with a "Friend".  Building had 1 Sewer/Water all other are 2 whole units but because of the water/sewer the mortgage/deed were ...

That require no credit?

As my experience and credentials grow in RE I reflect back on actions taken or not taken or being educated or not being educated.   Sounds like a conundrum because essentially we need both to be successful in RE or an...

Hi all!!

53 years of age, a former trombonist/composer in Canada for 22 years, now a full-time hardware store employee, photographer (one fashion shoot to date, but I'm trying!) author--well, one self-published book...

Hello BiggerPockets,After a while of browsing BP I've finally decided to come out of the shadows and introduce myself. My name is Francisco, I'm 19 years old so my experience in real estate isn't as decorated as most ...

Hey BP!I recently started doing background and credit checks. I read in other posts that mysmartmove.com was good, so I tried it and I like it. But I also read several times that background checks can not be done on a...

I am looking at a triplex that needs some work and is likely to be valued much higher than is currently for sale. My end goal is to own the property as a buy and hold and perhaps live in one of the units. It's selling...

Good Afternoon,My wife and I are new to real estate and our number one goal is creating legacy to pass on to our children.  We currently have one triplex in central Indiana. It does have positive cash flow but looking...

Daniel Araque is renowned among colleagues and clients alike for his integrity, loyalty and professionalism. Daniel has been living in Orlando for the past 12 years and takes pride in being a Gator Alumni, graduate of...