All Forum Posts by: Todd Miller
Todd Miller has started 1 posts and replied 8 times.
Post: inherited 85 year old tenant but rent is way below market

- Investor
- Honolulu, HI
- Posts 8
- Votes 5
can you get subsidized through section 8 or some other government program?
Post: any good property managers in Indianapolis?

- Investor
- Honolulu, HI
- Posts 8
- Votes 5
Thanks to everyone for your input. I wrote all the companies down, and ill try review all of their details. @Samantha Soto I actually bought my unit from ed. geri was helping me through the process. (awesome family)
@Lee Smith ill definitely get in contact with you, and check out your website.
hopefully after this whole situation is squared away, I can get back to my RE goals and look for more units.
Post: any good property managers in Indianapolis?

- Investor
- Honolulu, HI
- Posts 8
- Votes 5
@Neil Goradia thanks. I wasn't aware of that technique. good idea.
Post: any good property managers in Indianapolis?

- Investor
- Honolulu, HI
- Posts 8
- Votes 5
@Gautam Venkatesan will do. Thanks!
Post: Can unsecured line of credit be used for down payment?

- Investor
- Honolulu, HI
- Posts 8
- Votes 5
thanks guys. @steve ill take a look at the ULOC loan. Thanks
@Steve S.undefined
Post: any good property managers in Indianapolis?

- Investor
- Honolulu, HI
- Posts 8
- Votes 5
I bought a duplex by the children's museum and got BHB Investments as my management company. one side of the property is rented out for $750, and the other side vacant.
right after they took control there was a "large leak" in the kitchen which was right under the $250 amount needed for them to notify me about. no pictures, or any other proof; just a bill. okay..
after a few months with no showings I looked up the property on Zillow, and trulia, and there were no pictures on the ad. after a discussion, they added pictures.i also told them to cut the rent to $700.
after about a month I checked again, and they never lowered the rent. after a discussion, they lowered it to $700..
after almost 5 months I've been trying to get them to list ads in LOCAL places (bulletins, news papers, social media, etc) I don't mind lowering the rent a bit more, but I feel like I'm lowering the rent because they are just to lazy to do any real work??
I just got notification that I owe another $330 for a "rat problem". once again, no proof of any sort. just a bill.
so my question: any good companies out there that are not above the 10% fee, or should I just expect to pay a higher percentage for good service in indy?
Thanks
Post: Indianapolis Property Manager Recommendation

- Investor
- Honolulu, HI
- Posts 8
- Votes 5
Anyone know of any property management companies who will do more than input your property into app folio to get it rented?(e.g.. craigslist, local papers, local bulletins) I have one of the mentioned PM companies above, for the last 4 months. not very impressed.
Post: Can unsecured line of credit be used for down payment?

- Investor
- Honolulu, HI
- Posts 8
- Votes 5
I am closing on my first property now that is projected to cash flow on its own. I also save about 1K a month from my full time job. Is there a way to convert this slowly incoming money into a lump sum for a down payment without committing perjury?