Whould love to hear your opinions

Whould love to hear your opinions

Member since 2019 · 7 posts · 2 votes

Hi, my name is Nimrod and I represent a group of private investors from Israel.

Our real estate business up until today was the European and Israeli market and for a long time we've been talking about making a move towards the US market, after doing some homework we decided to build our business in Indianapolis and for the last week we've been trying to decide where in Indi to invest? The areas could be up to a 1 hour drive from the city and our strategy is to build the most suitable and professional team and going for turn key rental flips up to 150,000 arv with the possibility to do up to 8 of those for the year to come. 

We whould appreciate your time and information shared with us and looking forward to hear your thoughts about great neighborhoods that fits our criteria. 

We whould also love to talk with :brokers/agents /contractors/wholesalers/property managers that are an expert in the strategy that we chose and start building our relationship network in order to build the right team and moving forward as soon as possible. 

Thank you for your time and help 

Nimrod

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Investor · Indianapolis · Member since 2019 · 108 posts · 69 votes
6y

@Nimrod Elbaz Great for you!  I woud be very careful, especially out of country.  Holding individuals or companies accountable can be difficult.  In my experience, I've not seen many out of country investors do very well.  In fact, I've seen them lose money.  In my opion, it was due to turning funds over to people who didn't use those funds appropriately.  

Do your due diligence and don't think you have to move too quickly.  Here's a blog on due diligence.  This is more Indianapolis focused, that's just because I'm from Indy.  

https://www.biggerpockets.com/member-blogs/12615/88171-due-diligence-is-the-key-what-can-you-do

Best wishes!  - Ritch

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

    SO to clarify - you want to build houses in the US and want advice as to where to build? I am currently an investor/agent in Indianapolis. I would be thrilled to discuss some of the opportunities my city has to offer. Happy to help, lets connect!

  • Member since 2019 · 7 posts · 2 votes
    6y

    Thank you Jason! we don't want to build homes we want to find great opportunities in great neighborhoods and to do the whole process of renovation by ourselves with the best possible team for us. 

    I appreciate you reaching out and I have send you a msg in private so we can talk

    All the best 

    Nimrod

  • Member since 2019 · 9 posts · 6 votes
    6y

    Greetings from Indy! Congratulations on identifying Indianapolis as a potential real estate investment opportunity. I personally have sewn seeds in this market and have been pleased with the results so far. While Indy is a fruitful marketplace, there are some variables here that make for a unique investment strategy. I have accrued a network of folks here that have helped me navigate these particular issues with more clarity than I could glean on my own. If you have interest in hearing about my lessons learned or contacts please feel free to reach out!

    Best of luck and warm regards, 
    Robert McInteer

  • Member since 2019 · 7 posts · 2 votes
    6y

    Thank you Robert, I whould love to hear your thoughts.

    I have send you a private message 

    Take care and all the best 

  • Investor · Indianapolis, IN · Member since 2009 · 178 posts · 26 votes
    6y

    Hello

    I'm a real estate broker and I have a full service property management team. PM me for more information

  • Member since 2019 · 7 posts · 2 votes
    6y

    Hi armond, thank you for reaching out I have send you a private message so you can send me your contact info 

    All the best 

  • Investor · Indianapolis · Member since 2019 · 108 posts · 69 votes
    6y

    @Nimrod Elbaz Great for you!  I woud be very careful, especially out of country.  Holding individuals or companies accountable can be difficult.  In my experience, I've not seen many out of country investors do very well.  In fact, I've seen them lose money.  In my opion, it was due to turning funds over to people who didn't use those funds appropriately.  

    Do your due diligence and don't think you have to move too quickly.  Here's a blog on due diligence.  This is more Indianapolis focused, that's just because I'm from Indy.  

    https://www.biggerpockets.com/member-blogs/12615/88171-due-diligence-is-the-key-what-can-you-do

    Best wishes!  - Ritch

  • Member since 2019 · 7 posts · 2 votes
    6y

    Thank you  Richard Bonisa I appreciate it! I believe that there are great professional human beings all over the world and my goal is to find them (with the help of a great due diligence process) I whould love to talk and to hear about your experiences please send me your contact information so we can get to know each other 

  • Property Manager · Shelbyville, IN · Member since 2014 · 303 posts · 161 votes
    6y

    Congratulations on the big move to US. Indy can be a really fun place to work and visit, but like Ritch says, beware! Do your due diligence!

  • Member since 2019 · 7 posts · 2 votes
    6y

    Thank you Justin, I appreciate your approach and will love to talk

    Take care and all the best 

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

    @Nimrod Elbaz I've been active in Indianapolis for about 10 years now. I'd be happy to share any insights and experience that might help.

  • Member since 2019 · 7 posts · 2 votes
    6y

    Thank you Mike I have send you a message

    Have a great day 

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