Recommendations for investor-friendly agent in Indianapolis, IN

Rental Property Investor · San Francisco Bay Area · Member since 2019 · 7 posts · 4 votes

Hi All

I am interested in purchasing my next multi-family in Indianapolis. I am willing to do a bit of rehab if my agent can recommend a reliable contractor out there as well as a property manager. I have done research in the area but have not purchased anything myself as I primarily invest in Detroit, MI and am looking to expand into other markets. Can anyone recommend an investor-friendly agent (bonus if they can also analyze deals)?

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Investor-friendly agents in Indianapolis, IN

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Michael SmytheBusiness Member

Real Estate Agent · Metro Detroit · Member since 2023 · 4k+ posts · 3k+ votes

@David Ning

Be careful asking for investor-friendly agents!

+95% of agents only have experience dealing with owner-occupied transactions - which are mostly EMOTIONAL decision based.

An investor wants an agent that sticks to logical numbers like ROI, Cash-on-Cash, etc.

You can differentiate between these different types of agents easily by asking them:

1) If they are RE investors themselves.
--Many will say yes, so ask them for proof! They should be able to send you an address of a rental they own.

2) If they plan on sharing a BP Calculator sheet for each and every property they send you.
--Many will state that's your job, but then what value are they truly offering as an "investor-friendly" agent?

The more questions and request for proof you ask, the better!

Logical Property Management4.9464 Reviews

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Nicolas Dalton Ward
Real Estate Broker · Indianapolis, IN · Member since 2023 · 16 posts · 1 vote
2y
David, as you have probably seen the Indy Market is very fruitful! It's important to find someone that has a grasp of the areas and connections with the contractors as well!
0 Reply
Jesse A. Nieto
Member since 2024 · 9 posts · 8 votes
2y
Hey there. My wife and I are new to Indianapolis, but we're getting into investing now. We're closing our first fixer at the end of this month, and might be closing on another a few weeks later.

We are using Beau Matlock. I really cannot speak highly enough about him. He seems to be well connected and has an extensive client base.
My wife and I have bought and sold a few homes now, and have dealt with a handful of agents...Beau is absolutely stellar.
1 Reply
Nick GiulioniPro Member
Rental Property Investor · Carmel, IN · Member since 2016 · 1k+ posts · 615 votes
2y
Quote from @David Ning:

Hi All

I am interested in purchasing my next multi-family in Indianapolis. I am willing to do a bit of rehab if my agent can recommend a reliable contractor out there as well as a property manager. I have done research in the area but have not purchased anything myself as I primarily invest in Detroit, MI and am looking to expand into other markets. Can anyone recommend an investor-friendly agent (bonus if they can also analyze deals)?

Feel free to reach out and can give some recommendations on agents and PMs here in the market.
TOTALLY biased here - but Off Leash Construction is the best construction company in the region! :)
1 Reply
Nick GiulioniPro Member
Rental Property Investor · Carmel, IN · Member since 2016 · 1k+ posts · 615 votes
2y
Quote from @Jesse A. Nieto:

Hey there. My wife and I are new to Indianapolis, but we're getting into investing now. We're closing our first fixer at the end of this month, and might be closing on another a few weeks later.

We are using Beau Matlock. I really cannot speak highly enough about him. He seems to be well connected and has an extensive client base.
My wife and I have bought and sold a few homes now, and have dealt with a handful of agents...Beau is absolutely stellar.

Beau is definitely one of the good ones!
0 Reply
Staci Rogers
Lender · Bloomington, IN · Member since 2023 · 77 posts · 29 votes
2y
Hi David,
I am happy to connect and provide you with some great contacts in the Indianapolis market.
1 Reply
Steve Lehman
Real Estate Consultant · Indianapolis · Member since 2019 · 80 posts · 81 votes
2y
@David Ning As someone who has been working the Indianapolis market and surrounding areas for the past 14 of my 20 years. I have seen the good and the bad, I have watched some of the biggest names here in Indy get started and have helped most of them in some form or fashion.

Do not get sucked into these people commenting or messaging you about "How great the Indy market is and how they can help you." Most of them wouldn't know what an investment property is if it fell on top of them. It is important to have the right but knowledgeable/experienced team in place.

I recommend Off Leash Construction and @Nick Giulioni team. Nick moved here from California and has built a successful Real Estate business. He knows exactly what it is like to invest from out of state.

If you would like to talk further feel free to DM me. I will be more than happy to provide you with other names or contacts. The Indy RE market is a market or investors, lenders, agents, etc and we all either know each other or we know of one another.

Disclosure - Off Leash Construction is one of my clients.
1 Reply
Nick GiulioniPro Member
Rental Property Investor · Carmel, IN · Member since 2016 · 1k+ posts · 615 votes
2y
Quote from @Steve Lehman:

@David Ning As someone who has been working the Indianapolis market and surrounding areas for the past 14 of my 20 years. I have seen the good and the bad, I have watched some of the biggest names here in Indy get started and have helped most of them in some form or fashion.

Do not get sucked into these people commenting or messaging you about "How great the Indy market is and how they can help you." Most of them wouldn't know what an investment property is if it fell on top of them. It is important to have the right but knowledgeable/experienced team in place.

I recommend Off Leash Construction and @Nick Giulioni team. Nick moved here from California and has built a successful Real Estate business. He knows exactly what it is like to invest from out of state.

If you would like to talk further feel free to DM me. I will be more than happy to provide you with other names or contacts. The Indy RE market is a market or investors, lenders, agents, etc and we all either know each other or we know of one another.

Disclosure - Off Leash Construction is one of my clients.

@Steve Lehman really appreciate the kind words! Definitely have been through about everything you can here in this market!

@David Ning feel free to reach out if you ever want to chat! Would love to help however I can! Also - Steve is the best RE consultant here in the state!
0 Reply
Edwin WatsonBusiness Member
Real Estate Agent · Indianapolis, IN · Member since 2018 · 29 posts · 13 votes
2y
@David Ning Hey there! As you can see, Indianapolis is full of a lot of talented and knowledgeable real estate professionals. I, myself, am a licensed real estate agent servicing Indianapolis and the surrounding suburban areas. I am co-owner of Triple E Real Estate & Property Management. We have an extensive experience working with investors. New markets can be overwhelming, so if you have any questions, please feel free to reach out and connect.
[email protected]317-762-2356
Triple E Realty and Property Management
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2 Reply
Michael SmytheBusiness Member
Real Estate Agent · Metro Detroit · Member since 2023 · 4k+ posts · 3k+ votes
2y
@David Ning
Be careful asking for investor-friendly agents!

+95% of agents only have experience dealing with owner-occupied transactions - which are mostly EMOTIONAL decision based.

An investor wants an agent that sticks to logical numbers like ROI, Cash-on-Cash, etc.

You can differentiate between these different types of agents easily by asking them:

1) If they are RE investors themselves.
--Many will say yes, so ask them for proof! They should be able to send you an address of a rental they own.

2) If they plan on sharing a BP Calculator sheet for each and every property they send you.
--Many will state that's your job, but then what value are they truly offering as an "investor-friendly" agent?

The more questions and request for proof you ask, the better!
Logical Property Management4.9464 Reviews
Website View Page
5 Reply
Giovanni Cal
Member since 2024 · 1 post · 0 votes
2y
Msg me as I’m also from Ca and looking to invest out of state and Indy is a market I’m interested but I have a few questions
0 Reply
Stephanie Kordan
Investor · Thousand Oaks, CA · Member since 2009 · 4 posts · 0 votes
2y
Following this thread! I’m a new investor working with a mentor and have started looking in the Indianapolis area for out-of-state deals. Looking to fix and flip to save for a decent down payment on my first Airbnb rental. I’m in California, just learning about out-of-state markets like Indianapolis being a good place to start.

btw - I’ve saved some of these recommendations and am actively looking in Indianapolis. Thank you!
0 Reply
Sean O'KeefePro Member
CPA | Accepting new clients | 50 States · Member since 2022 · 1k+ posts · 871 votes
2y
Quote from @Stephanie Kordan:

Following this thread! I’m a new investor working with a mentor and have started looking in the Indianapolis area for out-of-state deals. Looking to fix and flip to save for a decent down payment on my first Airbnb rental. I’m in California, just learning about out-of-state markets like Indianapolis being a good place to start.

btw - I’ve saved some of these recommendations and am actively looking in Indianapolis. Thank you!
Following - I'm also based in California
[email protected]628-241-0888
1 Reply
Chris MullinaxBusiness Member
Property Manager · Kokomo, IN · Member since 2020 · 172 posts · 44 votes
2y
Hi David! I would be happy to have a conversation with you, along with the others who have hopped on this thread. Feel free to shoot me a message anytime!
CRM Properties4.9524 Reviews
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