Newbie in Southern Indiana/Indianapolis Area

Newbie in Southern Indiana/Indianapolis Area

Bloomington, IN · Member since 2015 · 4 posts · 0 votes

Hello,

 My name is Aidan Miller and I am a 19 year old Pre-Law sophomore at Indiana University Bloomington. Myself, my father, and my grandfather have begun investing together in the Southern Indiana area and are looking to meet other investors in the area. Our primary focus is commercial buy and hold but we also have a budget set aside for residential flipping projects so that we may hopefully free up some of the capital tied up in long term deals. Thanks for your time everyone and any reponses would be greatly appreciated!

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Residential Real Estate Broker · Indianapolis, IN · Member since 2010 · 1k+ posts · 557 votes
10y

Welcome @Aidan Miller!

- it's always good to see another Hoosier utilizing this great site!

Of course, you need to read The Ultimate Beginners Guide to REI here on BP

If you haven’t already, please read/listen to these books ASAP!

Flip2freedom episode 77http://www.flip2freedom.com/a-3-step-formula-to-a-successful-balanced-and-insanely-profitable-2012/- podcast - LISTEN TO THIS TODAY!

Rich Dad Poor Dad

Rich Dads Cash Flow Quadrant

Rich Dads Increase your financial IQ

The Real Book of Real Estate

The ABC’s of RE Investing

The ABC’s of PM

Rich Dad RE Tax Advantages

The 10X Rule

The E-Myth

The 4 Hour Work Week

BiggerPocketsPodCast -I hear #136 is exceptional!

Wholesaling101 You Tube Channel

Kent Clothier – You Tube Memphs Invest channel

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  • Virtual Assistant · Plainfield, IN · Member since 2015 · 6 posts · 0 votes
    10y

    Aiden welcome to BiggerPockets and congratulations on working on getting your law degree that awesome.  We work with several investors in the Indianapolis area.  I've had a few investment properties myself but don't currently, but I'd be happy to help you if you have any questions.

  • Investor · Bloomington, IN · Member since 2015 · 195 posts · 36 votes
    10y

    Welcome! There are several of us in Bloomington that are starting up a REIA. I just moved here myself and bought a duplex to house hack and I am renting my house in WV.

  • Indianapolis, IN · Member since 2015 · 6 posts · 4 votes
    10y
    Originally posted by @Diane Simpson:

    Aiden welcome to BiggerPockets and congratulations on working on getting your law degree that awesome.  We work with several investors in the Indianapolis area.  I've had a few investment properties myself but don't currently, but I'd be happy to help you if you have any questions.

    Hello Aiden! I'm a newbie in Indy but have ties to IU. Congrats. Hello to Diane as well. Hope to go south and check out the new REIA!

  • Bloomington, IN · Member since 2015 · 4 posts · 0 votes
    10y
    Thanks Diane and Andrew!
  • Rental Property Investor · Bloomington, IN · Member since 2014 · 119 posts · 28 votes
    10y

    Welcome Aidan! There are a handful of us getting together monthly. We are currently trying to nail down a regular meeting time for 2016 but its looking like the 3rd Saturday of the month at 10am. 

    More details here:

    https://www.biggerpockets.com/forums/48/topics/258...

  • Real Estate Investor · Bourbonnais , IL · Member since 2012 · 257 posts · 16 votes
    10y

    Welcome to Biggerpockets @Aidan Miller!

  • Residential Real Estate Broker · Indianapolis, IN · Member since 2010 · 1k+ posts · 557 votes
    10y

    Welcome @Aidan Miller!

    - it's always good to see another Hoosier utilizing this great site!

    Of course, you need to read The Ultimate Beginners Guide to REI here on BP

    If you haven’t already, please read/listen to these books ASAP!

    Flip2freedom episode 77http://www.flip2freedom.com/a-3-step-formula-to-a-successful-balanced-and-insanely-profitable-2012/- podcast - LISTEN TO THIS TODAY!

    Rich Dad Poor Dad

    Rich Dads Cash Flow Quadrant

    Rich Dads Increase your financial IQ

    The Real Book of Real Estate

    The ABC’s of RE Investing

    The ABC’s of PM

    Rich Dad RE Tax Advantages

    The 10X Rule

    The E-Myth

    The 4 Hour Work Week

    BiggerPocketsPodCast -I hear #136 is exceptional!

    Wholesaling101 You Tube Channel

    Kent Clothier – You Tube Memphs Invest channel

  • Bloomington, IN · Member since 2015 · 4 posts · 0 votes
    10y
    Thanks everyone for your input, especially on good info for beginners, my grandpa has accidentally made money on a few real estate deals but this is the first time any of us have looked into REI as s source of additional income. We are excited to learn and look forward to the challenges of investing!
  • Folsom, CA · Member since 2015 · 94 posts · 19 votes
    10y

    Welcome Aidan! Would love to hear more about how your grandpa accidentally made money!

  • Bloomington, IN · Member since 2015 · 4 posts · 0 votes
    10y

    It has never been anything big, just selling old houses he used to live in at a healthy profit and once took his girlfriends house (which was costing her $750 a month) and set her up with a professional management company who got the building to turn a $400 a month profit off rent. Needless to say she way thrilled! 

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