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Goal: One property per year in Indianapolis
This is mostly geared towards indy folks! I am looking to acquire one property per year in Indianapolis. I live downtown in Broad Ripple and have lived here all my life, so the geography comes easier. Also, with steady 2-3% per year population growth and a strong, diversified economy I think this is a solid move. Although I am confident I could acquire much more than one per year with more risky / ambitious strategies, my thought it to make my goal super manageable. That being said, I'm looking to connect to other rental property investors in Indianapolis! Trying to cast my network here as wide as possible. Any tips would be great!
#4 All Forums Contributor
- Plymouth, MI
My first tip is to not set a goal of 1 property per year. It will cause you to make bad choices. Your goals should be specific and financial.
Tyler - I would check out Central Indiana Real Estate Investors Association (CIREIA - https://cireia.wildapricot.org) if you haven't already. I'm attending their monthly meeting tomorrow evening and it looks like they have other regular meetings and events.
Quote from @Adam Servies:
Tyler - I would check out Central Indiana Real Estate Investors Association (CIREIA - https://cireia.wildapricot.org) if you haven't already. I'm attending their monthly meeting tomorrow evening and it looks like they have other regular meetings and events.
I don't love CIREA but too be honest I probably didn't give it a fair shake. High proportion of newer investors learning versus serious action takers. Again, I might be wrong but that is feedback I'm noticing from a lot. Which is partially why I started my own community and do my own meet ups!
Quote from @Joe Villeneuve:
My first tip is to not set a goal of 1 property per year. It will cause you to make bad choices. Your goals should be specific and financial.
If this goal makes it easy in my brain to actually execute year after year... it will lead to financial gain. Practical = Actionable = Results. But I totally see where you're coming from!
#4 All Forums Contributor
- Plymouth, MI
Quote from @Tyler Lingle:...then you don't see where I'm coming from.
Quote from @Joe Villeneuve:
My first tip is to not set a goal of 1 property per year. It will cause you to make bad choices. Your goals should be specific and financial.
If this goal makes it easy in my brain to actually execute year after year... it will lead to financial gain. Practical = Actionable = Results. But I totally see where you're coming from!