Joanne Kim
Recommendation for property management in Indianapolis, IN
Hi,
I want to buy my first rental property in Indianapolis, IN. I am looking for a good property management company who can help me find good properties, tenants, and contractors. Pls help me find good companies in t...
Brenna Ellison
What insurance is really needed for a STR/Airbnb?
Hi All,I am setting up my basement (with a private entrance) as an Airbnb. I have homeowners insurance (of course) and an umbrella policy currently, but am curious what other insurance and policies folks recommend as ...
Cynthia B.
Obtaining Sinkhole insurance difficulties
Hello all,
I'm sure I'm not the only one who's struggling to obtain simple sinkhole insurance (sinkhole endorsement). It's ridiculous, I must have asked at least 40-50 carriers, went through Citizens in the end. I m...
Susan Parker
Notes as collateral if property securing the note is in default
I have a question regarding a note used as collateral, by a lender. The lender endorsed the note making it payable to the lender's bank. Additionally, a collateral assignment was given for the property the note was ow...
Jim Manson
Conventional Lender in Durham NC Area ?
Hi All,Looking to do a cash out refi on a SFR that I own outright here in Durham NC. I spoke with Wells Fargo, but it seems they 1) will only go up to 75% of appraised value and 2) will only do 75% of final price if t...
Robin Hines
WARNING: Matt Motil of Cleveland, OH
TL;DR Matt Motil is a fraud. Do not invest with him.
Warning, this is a long post. My purpose here is to save some of you from the experience I now find myself in after providing a short-term loan to Matt Motil of C...
Tony Wilcox
Landlord Insurance and preparing for winter
Hello! My name is Tony Wilcox, and I am an insurance broker located in Indianapolis (licensed in all 50 states). Today I wanted to share a few pointers for things to look out for on future, and past investment propert...
Summer Segeleon
Buying "as is".. Same purchase agreement contract?
My first offer was just accepted ! I am buying the property "as is" . Would the same standard purchase / sales agreement apply - would there just be a statement in there somewhere that says that the buyer is buying...
Account Closed
Who’s fault is it.. realtor or lender?
My brother was preapproved for a mortgage, found a condo, made an offer. Offer accepted. Condo went through appraisal process. Now he just found out, the condo is not FHA approved. Everyone trying to blame each-other....
Cynthia B.
sinkhole insurance problems
Hello, I've experienced constant pain trying to get landlord insurance with added sinkhole endorsement.
This is making me begin to think that owning real estate in Florida to rent out is a bad idea. I'm seriously co...