All Forum Posts by: Harvey Levin
Harvey Levin has started 0 posts and replied 183 times.
Post: Indianapolis Locals: Familiar with Olney Street?

- Property Manager
- Indianapolis, IN
- Posts 191
- Votes 152
We have no problems in that area.
Post: Section 8 in Indianapolis

- Property Manager
- Indianapolis, IN
- Posts 191
- Votes 152
Hi, I have been a Section 8 landlord since 1985 with over 300 currently for myself and managed for others . PM me your number and I will be happy to explain . The amounts you quote are GROSS including ALL utilities and appliances. rents meet a 3 tier qualifier.
1. HUD approved MAX (noted on website)
2. tenant MAX subsidy (complicated valuation )
3. market value of NON Sec 8 units
Post: Investor-friendly local banks/credit unions in Indianapolis

- Property Manager
- Indianapolis, IN
- Posts 191
- Votes 152
I just tried to request and it said you previously denied me. Google Harvey property management Indianapolis and send message over web site
in Indianapolis
Post: Investor-friendly local banks/credit unions in Indianapolis

- Property Manager
- Indianapolis, IN
- Posts 191
- Votes 152
I spoke with Huntington and they are offering fixed 30 year . PM me and I will send you a contact who is very responsive
Post: Having contractor troubles

- Property Manager
- Indianapolis, IN
- Posts 191
- Votes 152
Indy is a tough place these days to get estimates or work and tougher at a reasonable price even if you have long standing relationships. You may need to provide an incentive to motivate them.
Post: Capital Gains Tax or Income Tax paid on Transaction

- Property Manager
- Indianapolis, IN
- Posts 191
- Votes 152
@TeroneJohnson Usually if it is inherited the basis is the fair market value at the time of inheritance which makes a big difference at time of sale. Definitely advise them to get expert advice.
Post: Indianapolis insurance ACV companies

- Property Manager
- Indianapolis, IN
- Posts 191
- Votes 152
@mikeknowles Have you had any trouble with Affinity paying claims? We had several clients with them and had 2 different clients have claims that took forever and lots of arguing to get paid.
Post: Indianapolis Indy Agent/PM Offering tenant procurement Service

- Property Manager
- Indianapolis, IN
- Posts 191
- Votes 152
Place to live rentals provides rental services
Post: Morris invest - any insights?

- Property Manager
- Indianapolis, IN
- Posts 191
- Votes 152
@Phil DuChamp Exactly I guess it depends on the definition because I have seen some they advertise as B that are very clearly C areas LOL
@Chris Clothier As a over 35 year investor in Indy I can say that my experience indicates that in the current market there is no way for one company to capture that many good opportunities in one year in this market
@Ross Denman we are also a Property Manger in Indy and have had the same experiences as you have had with their buyers. Some we have had to turn down managing due to condition. I am sure they have some good properties but we have not seen them
Post: Morris invest - any insights?

- Property Manager
- Indianapolis, IN
- Posts 191
- Votes 152