All Forum Posts by: Eric Schultz

@Heather Swope Safeco is the actual carrier. I'll send you a PM.

@Heather Swope Thanks for joining the discussion and your local insight! You bring up great points that I am considering. I use Safeco on my other properties and haven't had an issue so far. I'm looking to stay out of the flood plain as well. As far as the HOA rules, my broker (and closing agent) will be confirming whether rentals are allowed or not.

William Wagnon Thank you for a great perspective of this area! I don't typically invest in neighborhoods with HOAs but am now considering it if the cashflow pencils out. Not much you can do about future special assessments though.

Melissa Bailey-Comstock Based on the home values it does appear to be in a sweet spot for flipping, and there are a few foreclosures in the area posted for auction soon. Thank you for your input!

Anthony Gary Thanks for the tip on requesting the CC&Rs! I will be sure and ask my broker for them. I'm sure most CC&Rs refer to a standard "subject to approval by the Committee "on almost any modification you wish to make on the lot.

Does anyone currently own rental properties near Eagle Creek Reservoir / Park / Airpark (Indianapolis) that could share their experience? Is this area desirable? The 1% rule seems to apply still. Thank you.

@Lane Kawaoka Thanks for reaching out. I will send a PM.

Thank you for sharing. I'll send a PM. 

Does anyone have a recommendation on an insurance agent serving the Indianapolis area for rehab projects and rental properties?

Has anyone worked with ES Property Management (based in Indianapolis) and willing to share their experience?

Has anyone worked with Done For You Real Estate (out of Orem, UT) and willing to share their experience?