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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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24 May 2018 | 25 replies
I am friends with this tenant (she used to be my neighbor until her husband's health meant they had to downsize.)
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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).