New to BP and Real Estate Investing!

New to BP and Real Estate Investing!

Investor · Portland, OR · Member since 2020 · 5 posts · 4 votes

Hello everyone, 

I’m Dexter, I was born and raised in Los Angeles, California but as of next month, I will be moving to Portland, Oregon. I am looking to invest in Buy and Hold as well as Fix and Flip homes in the Indianapolis, Indiana market! I’ve been a private banker at a financial institution and I have worked with a mortgage banker for a few years now. 

If anyone has some tips or recommendations on getting started in that market, it would be greatly appreciated.


Looking forward to getting more involved in the Bigger Pockets community!

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Kerry Noble JrPro Member
Investor · Indianapolis, IN · Member since 2018 · 2k+ posts · 1k+ votes
6y

welcome.....my number one piece of advice to you.....build you a team.....that you can trust

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  • Wholesaler · Indianapolis, IN · Member since 2020 · 2 posts · 4 votes
    6y

    @Dexter Lopez welcome to BP!

    I am an investor in Indy and more than happy to help you with anything if you ever want to jump on a call.

    Indy is a great market for Fix & Flips and Buy & Holds right now. A lot of Indy is pocket by pocket of good areas to invest in vs places you should stay away from, so your boots on the ground will be important.

  • Kerry Noble JrPro Member
    Investor · Indianapolis, IN · Member since 2018 · 2k+ posts · 1k+ votes
    6y

    welcome.....my number one piece of advice to you.....build you a team.....that you can trust

  • Nick GiulioniPro Member
    Rental Property Investor · Carmel, IN · Member since 2016 · 1k+ posts · 615 votes
    6y
    Originally posted by @Dexter Lopez:

    Hello everyone, 

    I’m Dexter, I was born and raised in Los Angeles, California but as of next month, I will be moving to Portland, Oregon. I am looking to invest in Buy and Hold as well as Fix and Flip homes in the Indianapolis, Indiana market! I’ve been a private banker at a financial institution and I have worked with a mortgage banker for a few years now. 

    If anyone has some tips or recommendations on getting started in that market, it would be greatly appreciated.


    Looking forward to getting more involved in the Bigger Pockets community!

     Hey - currently investing in Indi and have lots of thoughts. I think you need to define better what your goals/ideal tenants are. Hit me up in PM if you want to chat.

  • Rental Property Investor · Indianapolis, IN · Member since 2017 · 36 posts · 26 votes
    6y

    Hey Dexter, 

    Welcome to BP! I am in Indianapolis native and now an investor. Couldn't agree more with Brian's comments. There are tons of great pockets just blocks from no-go areas (obviously all dependent on your investment criteria). 

    Best of luck to you. Don't hesitate to reach out if you have any questions or need any help.

    Cameron

  • Gloria N GearBusiness Member
    Realtor · Indianapolis IN · Member since 2018 · 464 posts · 339 votes
    6y

    Hi Dexter, I would love to connect with you.  I am a realtor here in Indy that mainly works with investors.  If we can have a voice call, I can give you the overview of the different areas and then based on what you are looking for, plug you into the community and help you find a team that fits your needs.

  • Real Estate Agent · Indianapolis, IN · Member since 2019 · 72 posts · 16 votes
    6y

    Welcome to BP and the INdy market. I am an investor and agent/broker. I am with Hanza realty which specializes in fixnflips, buynholds, and investors like yourself. I own and manage my own properties, we have an inhouse construction team, design team, architect, stagers, photographers, and much more available to our clients. If there is anything I can do to help feel free to call or message me. Have a great week! 

  • Kerry Noble JrPro Member
    Investor · Indianapolis, IN · Member since 2018 · 2k+ posts · 1k+ votes
    6y

    welcome.....my number one piece of advice to you.....build you a team.....that you can trust

  • Investor · Portland, OR · Member since 2020 · 5 posts · 4 votes
    6y

    Thank you all for the warm welcome! I appreciate everyone reaching out!


    Dexter

  • Portland, OR · Member since 2019 · 48 posts · 21 votes
    6y

    @Dexter Lopez

    Congratulations to moving up to Portland! If you ever want to meet up with others local investors in the area I'd love to connect :) 

  • Mike D'ArrigoPro Member
    Turn key provider · San Jose, CA · Member since 2010 · 4k+ posts · 3k+ votes
    6y

    @Dexter Lopez the most important place to start is getting to know the neighborhoods and which areas fit your investment objective. Indianapolis can be tricky because it can vary neighborhoods to neighborhood and even street to street. It's a good cash flow market but only if you buy in the right area. Of course you'll need good boots on the ground that can guide you and you can fully trust. We've been active in Indianapolis since 2010 and know the market and neighborhoods well. PM me if you want to chat.

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