All Forum Posts by: Pam Brown

https://www.hockerlawfirm.com/ if you haven't resolved this yet

Hello.  The title company should be glad to explain the tax amounts to you.

Sometimes wholesalers do not prorate the taxes. Which is customary here in Indianapolis.  But not mandatory to be written up that way.  Maybe that is where the discrepancy lies. That would be in your purchase agreement.  Good luck

Indianapolis Indiana is a good spot. All of my info is on my RE Agent Profile.  Thanks

 Hi Tsila.  I'm an Indianapolis Indiana real estate broker with 20 years experience.  Check out my Profile and send a DM.  I'd be glad to have a chat.  

The other side of the company is a full service property management co.  So we have the full package of what you need...

 Hi Becca.  I'm a RE Broker in Indianapolis IN with 20 years experience working with investors.

I can help you find a solid B turnkey SFH for less than 200k in Indianapolis. Just send me a message. My info is also on my Profile. Thanks

Hi Jeremy.  Take a look at my Profile.  I'm a real estate broker in Indianapolis with 20 years experience. Send me a message or an email if I can help here.  Thanks

"I don't like having to use a good chunk of our savings, but we saved it just for this. I would like to do more deals very soon and plan on opening a HELOC on one of our SFH's for the next one."

Anthony, It is much harder to get a HELOC on an investment property. Most lenders (in my experience) won't do it unless it is your primary residence. Refi would be more appropriate.

And as far as the under market rents---sometimes they are worth it depending on the situation.  Just think of how much can be saved by not having to do a Turn every year or so on each unit.  Not only the amount for the Turn itself---but for the vacancy time and increased amount for pm team to get a new tenant each time rather than lease renewals.  

I have a quad and I have just waited for each tenant to vacate throughout the last few years and then do a nice Turn one-by-one.  And then increased the rent.  

Best of luck and I hope that your deal works out :-)

Our Indianapolis pm company is not asking tenants to pay the S8 portion.

https://fox59.com/indiana-news/someone-has-all-our-information-public-housing-assistance-tenants-fear-eviction-compromised-bank-accounts-after-cyber-attack/

10/11/22- Here is the latest updated news that pertains to Section 8 rent payments and other information.

I'm an Indianapolis IN RE Broker and the other part of our company is a pm company.

 Hopefully the searches that I set up for you will help us identify a good property for you!  :-)