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I have about 15k + 5k. 15k down + 5k reserves. However, if I choose to go no reserves, I can put 20k down.
I've read a few threads about reserve amounts and it seems most people are comfortable with 6 months PITI. ...
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Good afternoon BP community! After about a year of dipping my toes into real estate investing (purchased one duplex, renovated one half and listing it for MTR while LTR the other unit), I'm strongly contemplating star...
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I had this tenant that I inherited with a recent acquisition. She must have been living with a boyfriend for the past 2 months, but from the moment ownership was transferred to me, she neither payed rent, or attemp...
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Hi everyone, I just discovered this site a few days ago and have been doing a lot of reading and have learned a LOT. My question is regarding the 50% rule - my understanding is that it is a fairly conservative ratio o...
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Im on my 3rd property now and just getting more comfortable with all of this and now wanting to scale faster with BRRRR using hard money loans. I've been pretty strict with my numbers which is good in one sense, but I...
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Not technically a real estate company, however, due to their large amount of RE holdings/assets, this is the place for this thread.
As many of you know, there is a BP thread about the terrible business practices of B...
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Hi all,
I am considering a deal for a 26 unit small apartment unit in a small town in not where I live. The pro forma numbers look very good but they have about 8 units that are not being rented. Currently it does ...
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My future tenant signed their lease and paid their security deposit then informed me that I would be receiving the rent from their current landlord because they'd previously qualified for pandemic rental assistance la...
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If everything goes well then our worst tenant ever will be moved-out in just under 12 hours from now, the champagne is on ice and we are cautiously optimistic. Interestedly enough, the problems with this tenant have v...
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Good evening BP members. I am going to purchase my first single family investment property within the next few months. I have money in a couple of different personal accounts that I want to use to purchase properties....