I’m located in Northern Cali. I have been involved IN Indy since 2018. I currently have a team out there. I’m currently building a website to share information about how I invest in INDY.
We have what we call “The Program.” This all depends on what your goals are.
If you are looking for cash flow then keep my information and I will give you a link to my site that will explain everything.
quick version:
We buy most likely something that needs work. We use a property management company that beats anyone on price for repairs or renovations. We use government contract programs to place tenants. 2 year leases guaranteed money. Rates vary but are at or above current market rates. Property management is part of the deal. You cannot use the program to place tenants and use a different company. They do a great job. Plus have access to a lot of off market deals from other investors that use this property management company. I run the numbers on 8%-10% mortgage rates and still cash flow nicely. Sounds insane but it’s true. Just reach out if you’re interested for more info. I will have the site complete by next week.