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How much do you hold in reserves for each rental? Do you hold more or less for property type? (I.e. Condo vs Duplex)I've heard 6 months but am curious what others are using.
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Hey folks, I'm based on Salt Lake City (an active earthquake zone) and I'm hoping to get a bit of feedback on how homeowners and property investors in earthquake zones are managing the risk of earthquakes.
A few ques...
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Hi All, What are different ways you’ve structured a partnership or JV in your real estate deals? I have a good friend and co-worker that wants to join me on me REI journey. I expect we’ll have some killer wins and ...
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Trying to move back to Jacksonville from LA. I was in escrow on a townhouse, with the plan of living in it for a year before turning it into my first rental. I have good credit and good income, but I couldn't close ...
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Do you keep a reserve? If so, how big is it? How did you decide on that number?
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Hi all - I’m a first-time investor located in Chicago who is still learning the ropes of underwriting. I’m looking to buy a 2/1 in the 350-400k range as a primary residence and rent out the second room as a first step...
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Hello all, I have the opportunity to buy more than one property but wanted to make sure I have enough money in reserve for problems with the rehab, longer time to get a tenant, etc. I am going to budget money for vac...
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The Orlando condo market is absolutely devastated. Banks are practically giving condos away and, because of Fannie/Freddie rules that prohibit financing the purchase of condos where the HOA is over 25% delinquent (ak...
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What should your expense reserves be on a monthly basis for maintenance, vacancy/turns, and capex for residential 2-4 SFHs?
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Hello, I wanted to know what percentage is good to save for like your Cap Ex, Vacancy...ect