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11 October 2024 | 7 replies
Select the Suffix as “ST” for street, “DR” for drive etc.
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11 October 2024 | 17 replies
Others may be able to assist with the Indianapolis specific regulations but most investors focus solely on cost when qualifying and selecting their contractors but that’s a short sighted approach.
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7 October 2024 | 2 replies
To avoid going through the same poor experience, keep reading.Even if someone gives you a referral here, do NOT make the mistake of assuming that the PMC will meet your expectations, just because they met the expectations of the referral source.In our experience, the #1 mistake owners make when selecting a Property Management Company (PMC) is ASSUMING instead of CONFIRMING.It's often a case of not doing enough research, as they don't know what they don't know!
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11 October 2024 | 4 replies
If I felt that way, I wouldn't make the agreement to begin with and I work hard to communicate clearly, calmly, and effectively to keep it from getting to that point.I am also open to compromise as my lease offers me protections that I may not need to exercise in all situations to get a fair outcome.
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9 October 2024 | 15 replies
To avoid going through the same poor experience, keep reading.Even if someone gives you a referral here, do NOT make the mistake of assuming that the PMC will meet your expectations, just because they met the expectations of the referral source.In our experience, the #1 mistake owners make when selecting a Property Management Company (PMC) is ASSUMING instead of CONFIRMING.It's often a case of not doing enough research, as they don't know what they don't know!
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10 October 2024 | 31 replies
(PMI effectively raises your mortgage APR and is no longer a tax deduction on a primary residence.)If you really want to invest, what short-term sacrifices are you willing to make?
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9 October 2024 | 16 replies
Most of my tenants leave my place spotless - but that is due to good tenant selection.
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8 October 2024 | 0 replies
These areas might provide higher returns due to lower initial property costs combined with tax savings.Rent Control Laws: Be mindful of local rent control or tenant protection laws, which could limit your ability to adjust rental rates or manage your property effectively.7.
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8 October 2024 | 3 replies
Since the property has increased in value due to your rehab efforts, you can often refinance for more than what you originally paid, recovering your initial investment.Repeat: After refinancing, you've effectively used none of your own money, but now have equity in a cash-flowing property.
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9 October 2024 | 6 replies
IF the defendant has money, it can be very effective.