All Forum Posts by: Sheri Ulm

Hello. I'm in California also and I have rental properties in Ohio. I've never seen any of my properties and they cash flow nicely. The most important part is having someone you can trust to look after the properties for you. Before I found a great manager my dream almost turned into a nightmare. I can't stress enough the importance of building a good team in the area/areas you want to invest in. This is my opinion based on my experience.

Welcome to BP!

If you decide to sell make sure you check your state laws... You may have to disclose that possible development to your potential buyers.

Thank you to all who replied. I have found a conveyance form that someone on here sent me the last time I asked about it... Somehow it got put into the wrong email folder... I'm hoping this is alI I need for Mahoning County!

Thank you @Darrin Carey. My properties are in Youngstown and Campbell. Both are Mahoning County. If those are in your area and you can get me the forms that would be wonderful and greatly appreciated!

I bought my personal residence here in CA in 2006, $529,000,  just before everything crashed. A year or two later I filled a form with The Los Angels County Tax Assessor based on the lowered property value due to the crash. All I had to do was print the form, fill it out and mail it in... Very easy. They reduced my value down to $280,000 saving me almost $3000 a year.

Definitely look into what the area you are in has to offer.

Thank you @Jon Holdman

I contacted a title company and they were not very helpful but it wasn't the one my poliicy is with. I will do that. And I don't believe my title insurance will be affected because the properties are already in my name and we are just removing my ex from the titles but I will verify this as well.  Thanks again!

I wasn't sure where to post this question so  I hope I'm in the right forum.

I live in CA and have 2 rental homes in Ohio that I purchased while married to my ex husband. Both our names are on the deeds. In our martial settlement agreement we agreed I would keep the homes, they were awarded to me in the divorce and my ex signed the deeds over to me. I've been trying on and off for 10 months to find out what I need to do to get the new deeds recorded as I've heard I need a special convaence form. I've tried finding this form online to no avail and I've contacted the auditor/recorder several times but I always get sent to voicemail and noone calls me back. Can anyone tell me what I need to do to get these deeds recorded either by mail (preferred) or my PM can walk them in for me. Thanks in advance for any help.

Thanks @Darrin Carey.   I am thinking if its not closed by next week I'm am going to do just that. I just put a message into my agent regarding pulling the file and changing companies.

Thanks @Mike Alder. At this point I want to stay in as we seem to be almost there and it is a good deal. I have considered walking, believe me. I also have $1000 earnest money in this but if I did walk I would think I would get that back as the contract has been unable to close and it's 2 months over due. However, seeing how this title company has worked so far I also wonder if I would ever see my money back if I did cancel. To make matters worse the attorney who made the mistake on the land contract doesn't even work for this title company... For some reason the real estate agent had this guy draw up the land contract before anything even went to title. His original thinking was that there would be more protection that way. He says he will never use that attorney or this title company again but that doesn't solve my problem. Now the title company is asking ME for the original land contract which was signed by the sellers and I and returned to title over 2 months ago. It appears they have lost it. I am thinking of asking my agent to pull the file from them and take it to another company but that would mean more delays and I'm not sure they would even get everything back to us so basically we would be starting all over. It's all very frustrating.