Investor · Fort Wayne, IN · Member since 2012 · 276 posts · 77 votes
So here's the deal. I just bought 7 properties from this family up in Fort Wayne. They have a sister who now wants to sell her place in Muncie, IN. I don't want to manage a property 75 minutes away, but also don't want to miss out on the deal. If anyone in this knows of anyone actively investing in Muncie please let me know. I've got pictures of the home it's really nice. This has to be a 15-16 cap at minimum I don't know the Muncie, IN rental market as good as Fort Wayne, but have to assume this would pull between $500-600/month. It's 10 minutes from Ball State University.
Don't need a wholesaler need someone with cash who can close quickly. I don't want to tie my money up and like I said I don't want to own property 75 minutes away from my home. If you know of an investor, property management company, etc and can point me in the right direction would be much appreciated. Thanks!
Hey, Adam. Thomas M. (not sure last name but is active investor on BP) maybe someone to connect with. He does investing in Fort Wayne (lots of properties near schools) and may be interested. I am in Iowa but from IN and am not afraid to invest out of state (cash buyer). If you would, PM me the property info and pictures and I'll take a look. Also in the meantime, Thomas might be a good lead as well.
Seller wants $23k...I'd like a 3% referral fee paid by buyer. I know this is a good deal already. Just looking to help her out and make a little bit for my time.