All Forum Posts by: Account Closed

Congratulations!

I'll be in the same boat in about a month, and I've heard that 6 month ownership and 70-80% is normal. But I think it should be 70-80% of appraised value not purchase price. 

Renovations on my property have been 98% done for a month now but I've chosen to let it sit until I can refinance in a month. I don't want to take a chance on getting a bad renter before the appraisal. I'm working with Greenfield Banking Company on this one. Let us know how it goes!

Best of luck to you. 1st Signature Lending originated the loan for my first house when I was also 22. I had an awful time with them and was relieved when they sold my loan to Fifth Third. I hope things have improved since then.

I really like First American : http://www.firstam.com/

Welcome fellow Hoosier! Best of luck in your endeavors.

Very nice!

Best of luck @Mitchell Zischke !

My degree is from Purdue but hopefully I won't be needing it in a few years. I've actually considered investing in college towns because of high rents and low expectations. Let us know how you do!

If there's one very important life lesson I've learned in the past year, it's "Just because you can doesn't mean you should." 

I understand the amendment, and I also understand that it's a common scapegoat for the stupid actions of numerous individuals. I want to know how to mitigate it and improve the communities that I invest in.

I am getting ready to rent my first property in Greenfield Indiana. You would think Greenfield is situated in the deep south. Yes, I went through a redneck phase where I dipped tobacco and wore cowboy boots, but eventually I got out of high school. 

I've read rental agreements that talk about keeping the property looking up to standards (ie no long grass, cars on cinder blocks, etc) but how would you keep somebody from flying a confederate flag? It seems like a silly thing to be concerned about, but trust me it's not around here. Less than a block away flies a rebel flag on a tall flagpole. I'm telling you the flag is on nearly every corner. I personally am not offended by it, and I'm a huge supporter of state's rights, but I want to make sure my properties are professional in appearance.

I didn't even know it was there. Hmm, wonder what else I don't know about?