All Forum Posts by: Account Closed

Are there any real estate meet ups in Central Indiana?  Investors meeting to discuss ideas, purchases, funding, projects and supporting each other?

I have had the same issue.  As with most questions....it depends.  If you do the work yourself and don't count labor you might save some money.  If the kitchen is small, I have found it more cost effective to just pull the cabinets and replace with a contractor grade cabinet from Menards, Lowes or Home Depot.  It is quicker for us ( and more cost effective with labor costs) to replace than to refinish.  The other issue with refinish is there is always one or more box that has the bad drawer, broken hinge or rotted base ususally under the sink which adds to the decision.

I am looking to create a web site for our property business. I want it to contain properties, descriptions, abiliy to complete web site online, make online payments, submit service requests, etc. I'm not sure where to start. Any help or suggestions are appreciated 

I have not.  But I will. Thanks for your response.

Thanks Pete for the info. I will check it out. I appreciate your time in responding. Have a great weekend. 

What is a simple method for checking credit and background of potential tenants after they complete application?

I have several properties insured with the same company. Never had any problems. However when I buy a home to rehab and sell, I've recently been getting calls from my insurance company stating home is vacant and they are not to too crazy about insuring it while I rehab. It may set vacant for a few months while I get all repairs completed.  What are others using for insurance coverage on flip houses?

I agree. I have some multi families in clay and Vigo counties. I always look for separate utilities and try to stay away from paying utility bills if possible.  If not possible I would have a definite amount scheduled for utilities per unit and include in their lease. If it exceeds that amount they are charged for utility difference. Once when I was furnishing water and sewage a tenant was taking in other folks laundry and charging them. I applauded her resourcefulness. But I wasn't subsidizing her laundry business using my water and sewage