Hello World!

[Mihir Bhimaraju]

Couldn't help being an Engineer there with the subject line! :)

Hello all, I'm Mihir - full time engineer and a part-time (for now, at least) real estate enthusiast. I came across this forum in a YouTube video and it piqued my interest. Fortunately enough, I've been thinking about investing in a rental property and I couldn't have come across this page at a more opportune time.

I'm located in Indianapolis, an up and coming market for real estate investments. I'm pretty familiar with the neighborhoods and looking forward to meeting like minded, enthusiastic connections.

P.S: I'm taking my time in going through the beginner material and it's a good launch pad! I appreciate the effort that's being put into this by everyone.

Cheers!

[Erin Donlan]

The south side definitely has some strong areas. I think for a first timer sticking to the townships is preferable to going downtown where the market is more street to street.

If you're looking at SFH, just be aware that like most of the country, we're in a little bit of inventory crunch locally (at least through the MLS), so you'll be competing for MLS properties with not only other investors but your retail buyers as well. Be sure that you're vetting your deals and you're not just jumping on any property that happens across your path, because people like to take advantage. Be patient as well. If you haven't started attending the local meetups in the area - CIREIA and INREIA, I encourage you to check out those as well. Great opportunity to network with like minded individuals and ask questions and get a few names of local vendors and service providers. Information on those can be found through Meetup.com or on their individual sites.

If you think you'll need financing, I would suggest you get that in order as well. Cash is always preferable, but obviously not something everyone has access too. :) Once you find a deal, that will allow you to move quickly.

Hope this helps! I'm an agent and investor in the area, so if I can be of any assistance with your investment goals, please let me know!