All Forum Posts by: Peter Sai

Peter Sai has started 3 posts and replied 5 times.

Originally posted by @Brad Clarizio:

Have a title company do it. Mine charges like $200 each.

PM Title in Grove City. Ask for Daniella and let her know Brad sent you.

LOL I had already sent her an email, they were great on my first property thanks!

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Hi all,

I was quoted around $4k or more for a ohio lawyer to move 4 properties over to a Nevada LLC ($3k retainer, almost $400/hr after that)

I think the form is the conveyance form on the columbus website. Should I ask a title company to do this or only an attorney?

Thanks!

http://www.franklincountyauditor.com/online-forms

1 Vote

Originally posted by @Zach Robbins:

This is interesting. I'm closing on a property tomorrow (was going to make a post once official) where two of the units were vacant due to evictions but each units door had power termination notices hanging on the doors from the power company.

I questioned my realtor if the owner would be responsible to get the power back on or if that's something the power company deals with. She couldn't answer that and was going to try and find out. I'm assumed the owner would be ultimately responsible but I never did get an answer. I guess I'll be finding out very soon.

In my experience with power, the power company will certainly honor the switchover date so I wouldn't be worried about having a previous owner's power bill attempted to be collected from you. Water however seems to be treated differently.

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Hey there,

Simple question, I had the property management have the tenant responsible for water and sewer. They are now behind >$300.

Is this a bill that can come back and attempted to be collected from me? Or is this all on the tenant? I sent the same email to my property management company but they suck and are unresponsive (thus I am transitioning my new properties to a new company which I'm testing).

Thanks for any help

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Hey all,

I have a pretty simple question. I am looking to buy a small apartment and need to put together investors for the downpayment. My question is what type of loan would be available for those investors. Would there be any security? How would it work if there were multiple investors? Or do people usually secure the loan for the down payment with another property? I have searched but could not find the answer to that specific question. Thanks!

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All Forum Posts by: Peter Sai

Peter Sai has started 3 posts and replied 5 times.

Post: How to move ohio properties to LLC

Post: How to move ohio properties to LLC

Post: Tenant overdue water bill (ohio)

Post: Tenant overdue water bill (ohio)

Post: Question on commercial loan downpayment loan