My name is Brock and as you may be able to tell, I am looking to purchase my first real estate property this coming year. I have been lucky enough to meet a girl, who is my girlfriend and future wife, who is as just into real estate as I am. Over the last year, we have been getting our personal financials to straighten out as well as continuously educating ourselves on the topic at hand. We also plan to attend as many Meetups as possible and network. We just starting practicing analyzing deals and plan to analyze a minimum of 5 per week if not more.
We are currently looking to invest out of state in either SFH or small multi-family. We are currently targeting the state of Indiana since we have some friends out there that we can use as local eye and ears.
We are doing our best at the moment to save as much money as possible in order to fund the deals ourselves but are also open to a third partner to help fund the deal to help speed up the process.
Thank you for reading this and we look forward to connecting with you.
@Brock Pellerin welcome to BP! I'm an investor who invests and lives in Indiana, particularly southern Indiana. Evansville is the third largest city and has tons of investors.
The most exciting part is that you found a girlfriend excited about real estate. My wife's eyes roll in the back of her head as soon as she hears "ROI" lol. Good luck! Feel free to message me anytime you want to talk numbers or theories.
John "Dalton" Dellinger
@Brock Pellerin Looks like you're on the right path. Congrats to you and your lady on getting started! I live and invest in my local market. I've interacted with a lot of out of state folks who are in this market and they're seeing good returns on their investments. I highly recommend checking out the market you're wanting to invest in, meet the professionals in person and work on building up your team. Feel free to reach out if you have questions. Good luck! :)
Hi @Brock Pellerin ,
Congrats on taking the first step! Analyze as many deals as you can and it will pay dividends in the future.
On word of advice from someone who's been there...meet with a lawyer on your own and talk to them about how to protect yourself in case the relationship ends for whatever reason. I'm sure a few people, including myself, can share some stories about how the bulk of a portfolio can disappear in a separation. Not trying to be a downer...but it's important to do.
Welcome to BP! Congrats finding a partner who shares your enthusiasm and vision. I'm guessing you're looking to buy and hold? Indy is a grat market from what I hear, a lot of competition, but that's everywhere. Good choice on that market, another good one that's relatively close to Indy, Cincinnati, Northern KY, Dayton, and Columbus are all pretty good place to invest for a lot of people.