All Forum Posts by: Harvey Levin

A word to the wise...verbal offers are not worth the paper they are written on. A broker has a fiduciary responsibility to their client to obtain the best offer possible. Usually, multiple offer situations occur and until the seller signs the agreement there is no contract. This is not a low ball and negotiates market it is the highest and best along with a cash purchase that wins out of any good opportunity. 

@Julius Taylor I am curious if you are north or south of 25th? 

@Ric Ernst Thank you for mentioning me!

@Jose D.I ave been managing Section 8 houses since 1985 here in Indy. I am currently working with HUD in Washington on modifications to the HUD guidelines for the local Housing Authorities on making the program more Landlord friendly. Send me a message if you want to talk. Harvey Property management Group LLC manages over 300 Section 8 houses out of our entire portfolio of over 400. I am happy to explain how Section 8 works in Indy

I would guess that video was definitely not taken currently in Texas as I'm sure there are flags if he tries to enter the United States.

Hi  Check your coverage. Many times when a property is vacant the insurance policy offers only limited coverage. If the door is more than your deductible, in my opinion, your deductible is too low.   

Hi, feel free to reach out for more information about us. I started as an Investor here in 1980 and as a 3rd party Property manager in 2012.

Have a great weekend

@Richard Bonisa  Thank you for recommending us!

@Myles Penner Hi,  message me so we can set up a call.

I think 2% rule is doable so long as you buy direct from the seller and are willing to spend hours each week searching for those unique opportunities. You have to understand though that your time is worth money and is it worth it to you to spend all that time. When you buy through Brokers wholesalers turn key operators and flippers remember that they are entitled to make a profit for the effort the day of put in and that only adds cost to the purchase price. I think 2% rule is doable so long as you buy direct from the seller and are willing to spend hours each week searching for those unique opportunities. you have to understand though that your time is worth money and is it worth it to you to spend all that time. When you buy through Brokers wholesalers turn key operators and flippers remember that they are entitled to make a profit for the efforts that they have put in and that only adds cost to the purchase price. in order to find 2% you're going to have to make it a on the ground Focus you're not going to be able to do it from out of town or by hiring others to source for you

@John Gorbandt  Check with the assessor to see if they had been legally separated.  You MAY be able to just combine the parcels or you may have to have a new deed prepared. I had an investment double like that and we just combined the parcels but there was n mortgage and will probably need to have a new deed when we sell.   You also are paying much higher taxes on a double that is split than combined.  Once you purchase you will want to also file an appeal for the property taxes. I live in a double in Meridian Kessler and have to fight  each increase  to have 50% treated like a home and the other as an investment