Woodbridge, VA · Member since 2017 · 2 posts · 2 votes
Hi, I'm Erik Keim from Casper WY, and a graduate of The University of Wyoming and The Naval Postgraduate School. I'm currently an active duty Marine with 14 years of service. I have used two VA secured loans to purchase houses in North Carolina and Northern Virginia. Unfortunately I am just now beginning my real estate education, so neither of these properties were good long term investments.
I currently live in the National Capital Region (NCR), but I don't feel conformable investing in this high priced market. I have visited Indianapolis in the past (was almost stationed there in 2015) and think it would be a good market for me. I want to use the BRRRR strategy to develop my portfolio, but I need to expand my knowledge of the market before can dive in with my first property.
I look forward to meeting and working with the BP community.
@Erik Keim, I just wanted to welcome you to the Bigger Pockets and REI Community. First of all, thank you so much for your service to our military! I am an investor here in Indy. My team and I do about 30 deals a month here in the city. We are definitely available to answer any questions that you may have about Indy and would love to help you get started any way that we can. Feel free to message me if you have any questions. Thank you and God bless.
@Erik Keim Hey Erik, you just became a bigger person in real estate investing by signing up on Bigger Pockets! At Bigger Pockets, you can reach out to other real estate investors while completing deals successfully and correctly. Once again, welcome to Bigger Pockets! You are not alone in your real estate ambition.
My only advice is to be sure you've got people you can trust if you are looking inside the loop in Indianapolis. The city is very block by block. You can be in a completely trashy area and in a block or two end up in a rather nice area. So buying without seeing the actual neighborhood would be a little bit concerning for me, but if you've got good people it shouldn't be an issue.
This seems to be less of a concern when you get to the suburbs or whatever you want to call the areas outside of 465.
@Erik Keim, I just wanted to welcome you to the Bigger Pockets and REI Community. First of all, thank you so much for your service to our military! I am an investor here in Indy. My team and I do about 30 deals a month here in the city. We are definitely available to answer any questions that you may have about Indy and would love to help you get started any way that we can. Feel free to message me if you have any questions. Thank you and God bless.
@Erik Keim welcome and thank you for your service. Doing rehabs remotely is very challenging to say the least. @Micki M. did one and wrote about it here on BP. If you don't have a lot of flexibility with your lifestyle and people there you can trust it's probably better to go another route.
@Clayton Barnes thanks for the heads up on the variation within the loop. Do you have any recommendations on what areas are currently sought after by tenants? I do have a few work colleagues in Indy that can check into things if needed, but unfortunately they aren't knowledgeable about the real estate market. @Lane Kawaoka a good PM is near the top of my to do list. I've had great success with the one I have in NC and hope I can find one of the same quality in Indy. @Account Closed thanks for the heads up on Micki's post on ways to handle remote investing challenges.
Welcome board. Semper Fi from another Leatherneck. I'm medically retired now. Did 15 1/2 years and got out back in 2007. Welcome to BP and look forward to reading your posts. Again, Semper Fi.
I did 3 tours in the Corps and 2 of my boys are Marines. My youngest just got out and is REI in Louisville, KY.
I mentor and work with others helping them learn and think outside the box. I tell all my sellers that there is nothing traditional or conventional about me. I personaly am closing currently 2 to 5 a month and find it very satisfying and empowering not to mention financially beneficial to my students as well. I don't sell you anything but help you obtain property sellers and walk you through from evaluating the type of deal it can turn into all the way to close and beyond.
Together we work on deals and learn the negotiating skills and the CF opportunities. I am the investor who will always be there.
send me a message with your contact information and we'll talk and get you going.
Example: A new student called me last week to wholesale a deal that I believed she could do making more money than 5K and tomorrow she's now going to do it herself with no out of pocket money and 3K in her pocket with a CF of $450.00/month
All from her calling me a week ago.
Send me a quick direct message with your contact info and you have a mentor.