All Forum Posts by: Elizabeth Park

Yes let me know.....i can help you and help you self manage going forward if you need help

Hire an attorney that specializes in evictions as opposed to a jack-of-all-trades attorney.

Hey Elizabeth, yep... not really hard to do. 

While I can't speak for Indiana I can tell you in Michigan it's not all that complex. Hire an attorney (usually about $300) to take it from start to finish.

Then, if it gets to that point, you may need a bailiff to come out with a dumpster and throw everything out. This could be another $1,000 - $1,500. 

Yes, I highly recommend you get an attorney to make sure notices are sent properly and court is filed correctly etc.  No idea of cost for the state or how long it will take in Indiana.  In Delaware the process takes about 3 months start to finish (or more) so the sooner you get started the better.

I was going to say Goosehead as well. They are a brokerage so can look at a lot of companies and see the best fit for you. They saved me about $2000 a year over 6 properties.  Rates are up across the board though, this year, a new property is costing me about $120 a month in insurance where other similar properties I have are only $80 a month.  (My rep is Ted King - he is based in Carmel, IN)

Goosehead.com ([email protected]) is an insurance broker that I have used. I know insurance has gone up a great amount over the last year. For me personally, it has been roughly a 30% increase. This was after I shopped around.

Roger

Furnished Finder is a popular site for mid-term renters.  You can see what is available in your area and look at the price and amenities.

Absolutely not. 

You can buy it in your name and then transfer the property to the LLC.  Then after transferring it to the LLC finance it as owned by the LLC

You can’t finance it in the LLC if the LLC does not own the property.