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25
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6
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Ralph Patulot
  • Investor
  • Barrington, NJ
6
Votes |
25
Posts

Connecting with Indianapolis investors

Ralph Patulot
  • Investor
  • Barrington, NJ
Posted

Hi guys! Im new to BP.

Im planning on doing long distance REI. Hoping to connect, talk, and meet up with Investors from Indianapolis!

Most Popular Reply

User Stats

288
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179
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Alora Glaze
  • Indianapolis
179
Votes |
288
Posts
Alora Glaze
  • Indianapolis
Replied

Welcome to the Indy market!
It can be intimidating starting projects long-distance, however, it can also be a lot more profitable for you in the long run if you're trying to get into a lower-priced market to make your money go farther.
If you're just getting started, consider joining investment groups to get connected with like-minded folks and hear what those are saying about certain GC's, realtors, lenders, or otherwise. As you're going through looking for properties, don't trust 'zestimates' on Zillow - get with an REI realtor to run true comps instead.

My best advice would be to make sure you thoroughly vet anyone you work with but stay cautiously optimistic - you won't hit a home run with every project but just getting on base to fund the next venture is a win too!

Best of luck to you!!

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