Newbie from Indianapolis, Indiana

Newbie from Indianapolis, Indiana

Member since 2019 · 14 posts · 7 votes

Hello! My name is Miles Z. Sterrett, from Indianapolis, Indiana. I realized after a couple events earlier this year that I have the savings and financial situation to significantly alter my family's future for the better—beyond continuing to climb in my career. Don't get me wrong, I love my job, and I'm not looking to quit. I'm looking to make myself less reliant on a salary, while also providing an example for my kids—a financial education.

I was lucky enough to be afforded the opportunity to invest in a commercial property as a limited partner recently. It's given me the bug! Now I'm trying to learn as much as possible, and talk to as many folks as possible. (I'm buying coffee or lunch, if you're hungry or poorly caffeinated.) I'm not sure what exactly my next investment is. The group who did the first deal is looking at other commercial offices as a possibility. A friend would like to do a partnership on a buy and hold, possibly multifamily. I've looked locally, at other cities in Indiana with which I'm familiar, including more rural. Ultimately, I'm being cautious, trying to learn all I can and practice evaluating properties. I'll focus after I've learned a bit more (I tell myself).

Looking forward to learning from you all!

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Rental Property Investor · Indianapolis, IN · Member since 2018 · 33 posts · 14 votes
6y

@Miles Z. Sterrett

My name is Chandler Harker. I’m a new investor in Indianapolis. I have two properties so far but looking to expand my company by getting into commercial real estate/ apartments. I don’t know much about the space so looking to learn. That’s awesome that you are getting to learn about it as a limited partner. That sounds like something I could be interested in. What kind of commercial are you invested in? Where is it?

Thanks Miles

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  • Rental Property Investor · Long Beach, CA · Member since 2015 · 623 posts · 155 votes
    6y
    Originally posted by @Miles Z. Sterrett:
    Originally posted by @Jeb Brilliant:

    Hi @Miles Z. Sterrett I'm not local in Indy but I invest there as my full time job. I'd be happy to chat for a couple minutes if you have some questions. If you really feel like it you can donate the cost of a coffee to a good charity. I've been doing BRRRR's, a few flips, I have a couple apartment buildings now as well.

    Jeb, I might take you up on that at some point! Thank you for the offer. I'm going to try to at least make sure I have some idea of what a good and bad question is first, if I can. :-)

     Any time Miles.

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