New Indianapolis out of state investor

9 Replies

Hey everyone! I'm a new real estate investor wannabe from the Silicon Valley. Lately, I've been absorbing as much REI knowledge as I can while I narrowed down my target market to Indianapolis, IN (I've lived there for a year some time ago). BP has already been an amazing resource already and I'm only getting started.

I'm looking to make buy my first <$100k SFH cash flow property in the next month or 2. Now just need to find tech forward real estate agent and property manager who won't mind investing their time into helping me make my first purchase!

Gediminas

Hey Gediminas.

I'm in the Bay Area also. Lots of locals in Indy. I'm trying to work my way into that market now. 

Seaech for the FB Group: Indianapolis Out Of State Investors.

Or just PM me. Lemme know if I can help with anything.

@Gediminas Ramanauskas hello there! Welcome to BiggerPockets!

BP is the place to be! Get deals done right and network with seasoned investors only on Bigger Pockets.

Happy to help in any way I can. Feel free to PM me at your convenience.

Congrats and I wish you all the best, Gedinimas!

@Gediminas Ramanauskas I only have one rental in Indy and it’s good. I sorta put the breaks on the whole sfh thing but I think it’s a good way to start. Let me know if you need any help.

@Gediminas Ramanauskas Hi and welcome to the site and the world of REI! Indianapolis has been a great cash flowing market, but there is a lot of competition for deals these days, and you've got to find a niche to succeed in. As an out of state investor it can be challenging to compete with the locals, especially in the better or becoming better areas.

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