24 August 2017 | 0 replies
I'm being conservative by assuming minimal depreciation (1-2%) in a neighborhood that is desirable today in a great school district that is walkable to shopping center with a supermarket, restaurants.Current income dictates that an appropriate out of pocket cost for next house should less than $3K per month.Possible solutions:Take out second mortgage/HELOC to get the $100K I need to buy the next house?
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26 August 2017 | 13 replies
Replace the specifics as appropriate.
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29 August 2017 | 9 replies
Even with the FHA loan it could take a considerable amount of cash to make a down payment, and have an appropriate cash reserve, especially in some markets...
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29 August 2017 | 10 replies
Just want to plan appropriately.
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9 October 2017 | 17 replies
Corralling it all under one property management LLC streamlined everything.If at some point I decide I want to pick up an outside management client again I simply add the appropriate liability insurance to my property management LLC and the rest of the infrastructure is already in place.
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18 October 2017 | 8 replies
This may not be the most appropriate forum for this topic, but there are several other posts going with the same topic and a lot of good and pertinent info being shared.https://www.biggerpockets.com/forums/48/topics/481926-hurricane-harvey-now-what?
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30 August 2017 | 5 replies
But there can always be circumstances where a hold of less than a year might be appropriate.
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3 September 2017 | 7 replies
@Kyle Jones It seems like they are dealing with everything appropriately.
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16 September 2017 | 34 replies
"Due to natural disaster and in order to insure due process, I find good cause to delay the hearing for six months in order to give the tenant appropriate time to gather proof of payment."
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3 September 2017 | 6 replies
(Or an appropriate amount based on what's there)By the time lawyers get involved on either/both sides, it'll probably cost more than that.