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9 June 2018 | 51 replies
. $1325 monthly rent rent $15,900/yr minusYearly expenses of $660/Hoa (gates community) $819 taxes, $561 insurance $1272 property management.
20 May 2018 | 13 replies
I just have to check myself.FourplexRent $575 per unitProperty tax 1.79% of your purchase priceClosing cost 2%Capex 5%Garbage $65 monthSewer 100/moMaint 5%PM 8%Insurance 2500/yr
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21 May 2018 | 2 replies
We are putting 20% down to avoid mortgage insurance.
20 May 2018 | 2 replies
So my fix cost will be $2250 for mortgage, insurance and tax plus $310 HOA.
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28 May 2018 | 3 replies
As long as you get title insurance, it’s just fine.
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28 May 2018 | 6 replies
I do recommend in getting a part-time job so you can insure that your living expenses are taken care of while you are learning the game.
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20 May 2018 | 1 reply
I just read this blog post https://www.biggerpockets.com/renewsblog/places-invest-real-estate in which 6 markets were scored across a few categories:- median rent: median value- rent to income- taxes to value- insurance to value- average appreciation- unemployment- crime- population growthA few people commented afterwards and highlight job diversity, % renters, and % vacancies are also important.As far as sites people use, I’ve only heard of city data but I’m not very familiar with that site.
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26 May 2018 | 4 replies
These will include (but not limited to) Taxes, Insurance, Utilities, HOA Fees, etc., that occurs during the Rehab period and up until the property is fully rented.
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29 May 2018 | 15 replies
I will have cash on me when I move to TX and my wife will have a very good job ( she is my insurance in case things wont work for me).
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29 May 2018 | 1 reply
I was talking to an acquaintance the other day and they informed me about a strategy where one can essentially partner with insurance companies for when an insurance client's home is destroyed through natural disaster or other causes and the client can be put up temporarily in the rental instead of being put up in a hotel by the insurance company for the time being.