All Forum Posts by: Oren H.

Hi, I am looking into investing in Jacksonville. Looking for cash flow positive SFHs for long term buy and hold. Will be happy to chat with anyone who is investing in the area to hear about their experience.

Thanks

Over a year ago big investors were buying one in ten houses (see http://www.biggerpockets.com/renewsblog/2013/09/27/big-investors-bought-one-every-ten-homes-sold-august/). Was wondering if that trend has continued throughout 2014.

Are they still accumulating? Have they started selling? Are we going to see too much supply when they do?

Thanks

Hi BPers,

I have recently tried to refinance one of my properties to get some cash out (property increased in value since I bought it a few years back).

Problem is that since I already have 5 mortgages it seems that doing a cash-out is not easy and the best I could find is a 5/1 ARM with 8% interest.

What are the possible ways to get cash out of a property in this situation? All my mortgages are conventional loans.

Thanks!

Oren

Thanks @Douglas Dowell 

Hi, 

I noticed its a common practice for big employers to call out on the employment agreement that any disputes will be settled outside of courts via arbitration. This should save costs and reduce risk for the employer. Can I use arbitration for resolving rental related disputes? Should I?

Thanks!

Thanks for sharing, @Jeff Clawson !

Thanks @Jason Grote !

Hi

I am thinking of buying a property in Kyle, Tx just south of Austin. I'm looking mainly at buy & hold, 3/2 SFH.

Was wondering if anyone is familiar with the market down at Kyle. Is it a growing growing community? Good place for investment? Good/bad neighborhoods? Easy to rent out properties? What vacancy rate should I consider?

Thanks!

Oren

Thanks everybody for your replies!

Hi

I'm in the process of buying a SFH (built in 98) in Fort Worth area and the inspection came back stating that:

"There is some cracking on the floor in the garage. Recommend this be monitored."

and... "There is some cracking and nail pops noted on the ceiling and walls through-out. Consider touch-up repairs. There is evidence of past moisture on the ceiling in the kitchen. Consult seller for history."

The inspector said foundation (Concrete) is in good shape but stated that: "Small cracks are visible in the foundation system. Most small cracks are normal due to the curing process of concrete and/or mortar shortly after installation."

Do these suggest there might be high cost issues with the house? Should I skip or bring someone over for an expert opinion?

Thanks for the help!