Patrick Thomas Dickinson
Showing my house to new prospective tenants
7 September 2021 | 1 reply
The law requires you to give a written (not oral or email) 24 hour notice of any entry.
Arturo Colmenero
Indianapolis areas to avoid
8 November 2018 | 17 replies
Some or all of these trips can be written off on taxes as well, so consult your accountant.As mentioned, Trulia's maps are a great place to start.
Jozef Forgac
Flip HUD with TRANSACTIONAL funding?
4 February 2011 | 14 replies
You can buy a HUD property and flip it as long as the end buyer does not get an FHA loan.It has to be a conventional loan,or all cash deal.You can also flip a HUD home in Foreclosure before the bank takes it back,but again the end buyer cannot use an FHA loan to buy it.On a HUD property selling at 50000.00 your deposit has to be $500.00,on a property over 50000,00 you need to put down $1000.00.And if cannot close in the 45 day period,you loose you down payment.
Damien L.
Question on credit requirements for tenants
6 June 2018 | 8 replies
So both parties or all tenants that should have a score of 600 and above.
Account Closed
Buy/Hold or BRRRR for Active Military?
4 February 2016 | 9 replies
I've recently closed on a few deals and about to close on a few other using cash and after I refinance I hope to get almost or all of my money back out.
Kim J.
Tenant becomes AirBnB competitor - Need Advice (TLDR)
22 August 2020 | 27 replies
if this is true in your state, you do not have a lease (a lease can of course be oral unless this statute of frauds applies).
Will Morrison
Bank accounts for investment properties
14 June 2023 | 17 replies
The separation of deposits is very important, 2 accounts is a minimum as you can not legally use the deposit monies on just any old thing.I have a savings account with the deposits in it and when a tenant moves out and is due back part or all of their deposit I just get a bank check drafted from that account so certified funds are returned to the tenant.
Deuce Thevenow
Indianapolis Cash Purchase Looking for Lender on $50k Renovation
8 February 2021 | 11 replies
Congrats on your purchase.If you bought it at a good price, hard money lenders will often lend you most or all of the rehab plus purchase.
Todd Hannebaum
Sewer Line Replacement. Dig/replace, pipe burst, CIPP lining?
31 May 2017 | 8 replies
Its about $15 a month and perhaps if it clogs a year from now some or all of it would be covered.
Gabriel Nassif
Want to start real estate investing
28 November 2016 | 8 replies
The tenants will pay most or all of the building's expenses.