I now understand the 50% rule but I am unclear about cash reserve. If you have a house you bought following the 50% rule how much cash reserve do you recommend having for the what if's? Is it necessary?

Heather

For the past few years I've been educating myself with my options as a potential investor. Today my goal is to start as a BRRRR investor and master this one niche before trying other options.I would like to hear from ...

Good Morning BP members. I am just starting out, I recently purchased a duplex. I plan on doing owner occupied for the first year but I wanted to hear for everyone out there. What are you using to screen your tenants ...

This is my first post to the forums.  Here is some quick background:I live in Richmond BC.  We bought our house in '05 for $420k, and had it recently appraised and it came in at $910k.  We did the appaisal so we could...

I own 2 properties free and clear. I want to aquire a 3rd. Are there any asset based lenders who do conventional loans? If so, I want to use one of my properties as leverage for downpayment and closing. I want to do t...

Hello everybody, I am a newer investor and my agent sent me a 4 unit in a C class neighborhood for 300k. It stated at the end of the description that fix to rent financing is available for this property. Has anyone ev...

I am looking for any North Dakota investors to network with. I am in Grand Forks, and am planning on becoming active in Grand Forks, and Fargo. Would like to have some contacts in the area.

I got this email from my provider, thoughts on why they called it quits?We will not renew this policy when it expires. Your insurance will cease on the expiration dateand time shown above.Non-Renewal reason: We will n...

We rent to college kids often. We traditionally have all individuals sign one lease together. As far as collecting payment individual typically pays their portion of the lease separate to us. So we may have 5 separate...

Hello BP,I have just finished the rehab and have my tenants moving in next week for  my second BRRR property.  Moving on to the refinance step and am wondering if it is better to completely refinance and cash out (did...