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All Forum Posts by: Shane Miller

Shane Miller has started 2 posts and replied 10 times.

Post: STR Purchase in the Smokies

Shane Miller
Pro Member
Posted
  • Investor
  • West Lafayette, IN
  • Posts 10
  • Votes 2

We are looking to purchase a cabin in the Smoky Mountains. I am interested to hear your opinions. Would it be best to buy a REALLY nice 2 bedroom cabin, or an OK 4 bedroom? Or, does it just come back to the location? This is obviously an investment, so I'd like to maximize the income we can produce with this property. 

Also, I am under the impression that it MUST be a cabin......I mean, you go tot he mountains to stay in a cabin, not in a house, right?

What amenities are must haves for these properties?

Thank you all for the help, I really appreciate the support.

Shane

Post: Moving to Indiana soon

Shane Miller
Pro Member
Posted
  • Investor
  • West Lafayette, IN
  • Posts 10
  • Votes 2

@EJ K. Sorry for the delay. We ended up settling on the north side of West Lafayette. Just getting moved in this month. Loving it so far.

Post: Process to follow for Owner Financing?

Shane Miller
Pro Member
Posted
  • Investor
  • West Lafayette, IN
  • Posts 10
  • Votes 2

@Kerry Baird

Thank you for your response. This is very helpful!

Post: Process to follow for Owner Financing?

Shane Miller
Pro Member
Posted
  • Investor
  • West Lafayette, IN
  • Posts 10
  • Votes 2

@Marco Bario

When you reference a ‘licensed third party’, what type of a business would this be? A bank? A lawyer?

Thank you for the response. Very helpful!

Shane

Post: Want to get rid of a timeshare!

Shane Miller
Pro Member
Posted
  • Investor
  • West Lafayette, IN
  • Posts 10
  • Votes 2

@Stephen Castles

We had one and used TimeShareExitTeam to get us out of ours 6 or 7 years ago. We had to pay a fee, but it was totally worth it!

Good luck!

Post: Process to follow for Owner Financing?

Shane Miller
Pro Member
Posted
  • Investor
  • West Lafayette, IN
  • Posts 10
  • Votes 2

New to REI. Working on first deal. The seller is willing to carry the note in the property, but I don't know the steps I need to take to protect myself.

After we agree on terms and write it up into a contract, Do I just take the deal to the title company and pay the closing fees? Is there more to it?

Post: Lafayette Indiana rental investment

Shane Miller
Pro Member
Posted
  • Investor
  • West Lafayette, IN
  • Posts 10
  • Votes 2

Curious what you ended up deciding to do with the duplex? Did you move forward?

Post: Lafayette/West Lafayette Monthly Meetup

Shane Miller
Pro Member
Posted
  • Investor
  • West Lafayette, IN
  • Posts 10
  • Votes 2

@Katie Jewell Where do the Meetups take place?

Post: Greater Lafayette Area Meet Up

Shane Miller
Pro Member
Posted
  • Investor
  • West Lafayette, IN
  • Posts 10
  • Votes 2

@Katie Jewell I’m not seeing the details of the meetup. What’s the location/date/time?

My family and I are moving back to West Lafayette and looking to get started investing in rentals in the area.

Thank you for pulling this together!

Post: Moving to Indiana soon

Shane Miller
Pro Member
Posted
  • Investor
  • West Lafayette, IN
  • Posts 10
  • Votes 2

@EJ K. - We are about to make a similar move to the West Lafayette area. I started looking here on BP and found your post a year later. Where did you end up finding a house, and what factors led you to the decision?