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All Forum Posts by: Todd Miller

Todd Miller has started 1 posts and replied 8 times.

can you get subsidized through section 8 or some other government program?

Post: any good property managers in Indianapolis?

Todd MillerPosted
  • 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?

Todd MillerPosted
  • Investor
  • Honolulu, HI
  • Posts 8
  • Votes 5

@Neil Goradia thanks. I wasn't aware of that technique. good idea.

Post: Can unsecured line of credit be used for down payment?

Todd MillerPosted
  • 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?

Todd MillerPosted
  • 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

Todd MillerPosted
  • 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?

Todd MillerPosted
  • 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?