Fort Wayne Indiana Investor

Fort Wayne Indiana Investor

Redding, CA · Member since 2015 · 9 posts · 3 votes

My husband and I will be moving to Fort Wayne, IN this summer. He's from here and will be opening up a State Farm Agency, so this will become home for us for good. I've yet to pull the trigger with investing but have been doing a lot of research, talking to both seasoned and newbie investors, reading lots of books and listening to pod casts. The realty for my husband and I is that with the big transition of moving from CA to IN, and with him opening the agency mid summer, it will be a little while before I will be in a position to actually buy anything. But, I want to do the research now and be prepared when the season comes. I know I need to hone in on my niche, but I haven't decided yet if my focus will be initially on flipping houses or multi family properties. I think my 'passion' would be more for flipping houses but would love the long term residual of rental properties.

I'm currently reading J Scott's "The Book on Flipping Houses" and LOVE the detailed outline coaching me through each piece. Currently working on determining my "farm area", developing my financial resume, researching what buyers require in the area etc. All new for me considering I'm not from here and its very different from California. 

One of the pieces I'm really curious about is investor friendly real estate agents in the Fort Wayne area. My husband knows of plenty of real estate agents, but not necessarily investor friendly or even investor experienced. I know I will need to find an investor friendly agent to do what I want to do. Any recommendations on either agents you've worked with or how to find them?

Also, would love to hear from local investors on what your biggest tip is for this area? Whether thats a tip on what you've found to make you most successful, or something you've learned through mistakes - I just want to learn from those in the area! I do plan to jump in on any meet-ups when we move here and look forward to meeting you all!

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Investor · Fort Wayne, IN · Member since 2014 · 1k+ posts · 515 votes
10y

@Emily Baker feel free to pm me maybe we can chat sometime. 

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  • Investor · Fort Wayne, IN · Member since 2014 · 1k+ posts · 515 votes
    10y

    @Emily Baker feel free to pm me maybe we can chat sometime. 

  • Rental Property Investor · Fort Wayne, IN · Member since 2014 · 251 posts · 129 votes
    10y

    Welcome tot he Fort @Emily Baker.  If I can help at all don't hesitate to hit me up.  Like @Jeremy Tillotson, I'm very active in the area, but always happy to network and help the new folks!

  • Investor · Avilla, IN · Member since 2013 · 796 posts · 769 votes
    10y
    Welcome to BP!
  • Investor · Fort Wayne, IN · Member since 2016 · 108 posts · 24 votes
    10y
    Welcome to BP. I do business with agents for collision repair so I hope your husband does well. Maybe I'll run across him. There are some great meet ups in Fort Wayne and all I can say is reach out and talk with people and find out the realtor that works for you not just investors.
  • Real Estate Agent · Warsaw, IN · Member since 2015 · 54 posts · 23 votes
    10y

    Emily,

    I live in Warsaw and serve the Kosciusko county area. I'd be glad to be of help if you need anything 30 miles west of Ft.W. Blessings to you and your family as you make the transition.

  • Investor · Temecula, CA · Member since 2016 · 4 posts · 0 votes
    10y

    We, in California, we have your back...

  • Rental Property Investor · IN · Member since 2015 · 125 posts · 93 votes
    10y

    Emily--I am an active investor in Ft. Wayne and would love to speak with you anytime and help you out in any way that I can.

  • Redding, CA · Member since 2015 · 9 posts · 3 votes
    10y

    Thank you so much for all your responses! So good to feel supported by so many active investors and know I won't be alone. 

  • Jay ReddingPro Member
    Investor · Fort Wayne, IN · Member since 2010 · 90 posts · 81 votes
    10y

    Welcome to BP Emily.  I am an active investor as well and would be willing to help in any way I can.  Welcome to the Fort!

  • Rental Property Investor · Fort Wayne, IN · Member since 2016 · 258 posts · 177 votes
    10y
    Emily Baker So many seasoned real investors in Fort Wayne ready to help .Good luck and welcome to Fort Wayne , the 20th in the country on the Forbes list of hottest markets for real estate investment.
  • Fort Wayne, IN · Member since 2016 · 38 posts · 7 votes
    10y
    Emily, congratulations on the move. Fort Wayne's a great place to live. I currently am looking for a brokerage to hold my license and Will be an active investor friendly real estate agent. I will be investing in multi family here before long as well. PM me anytime. Best regards, Tom
  • Specialist · Rockland, MA · Member since 2010 · 7k+ posts · 2k+ votes
    10y

    @Emily Baker

    Welcome. 

    Locate and attend 3 different local REIA club meetings great place to meet people gather resources and info. Here you will meet wholesalers who provide deals and rehabbers (cash buyers). Find them through Google and meetup.com Do this via phone till you move.

    Two Great reads, I bought both J. Scott The Book on Flipping Houses, The Book on Estimating ReHab Costs http://www.biggerpockets.com/flippingbook

    You might consider Niche or Specialized Housing like student housing. Rents can be 2-4 times more. Remember you don't have to own a property to control it.

    Download BP’s newest book here some good due diligence in Chapter 10. Real Estate Rewind Starting over

    http://www.biggerpockets.com/files/user/brandonatbp/file/real-estate-rewind-a-biggerpockets-community-book

    Good Luck

    Paul 

  • Redding, CA · Member since 2015 · 9 posts · 3 votes
    10y

    thank you Paul. Really appreciate the insight and tips! I definitely plan to connect to the local REIAs and BP meet ups. Currently working on the J Scott books and will check out that other one. 

  • Real Estate Broker · Indianapolis, IN · Member since 2014 · 3k+ posts · 2k+ votes
    10y

    I work pretty closely with @Jeremy Tillotson and can vouch for his character. Great guy. 

  • South Bend, IN · Member since 2016 · 37 posts · 4 votes
    10y
    Welcome to Indiana! I'm a new investor over in the South Bend area near the Golden Dome. Notre Dame nation. Welcome to BP.
  • Wholesaler · Fort Wayne, IN · Member since 2015 · 49 posts · 12 votes
    10y

    There is a local rei mtg meets 3rd Saturday of every month at the protect bldg, corner of sherman blvd n elmer ave. Ft.wayne 46808.. 930am. Come for a visit as my guest

  • Redding, CA · Member since 2015 · 9 posts · 3 votes
    10y

    Hi Kolin, thank you so much for the information. My husband and I would love to take you up on the offer when we get to Fort Wayne his summer. I'll be sure to reach out to you at that point. 

  • Rental Property Investor · Fort Wayne, IN · Member since 2014 · 251 posts · 129 votes
    10y

    @Kolin Young is right.  Good group.  If you don't mind a little upsell/pitch, the people are top notch!

  • Wholesaler · Fort Wayne, IN · Member since 2015 · 49 posts · 12 votes
    10y

    Great local r.e.i. group in ft.wayne. ..lots of knowledge and variety in the group... 

  • Investor · Auburn, IN · Member since 2015 · 23 posts · 6 votes
    10y

    Welcome to Northeast Indiana @Emily Baker.  @Kolin Young is the class clown of the REIA in Fort Wayne. Lots of laughs. I'm a Real Estate Broker and property manager for the largest property management company in the area. I've been an investor for almost 20 years and just recently got my RE license. I prefer to work with investors. Would love to meet you and help you learn the area.

  • Wholesaler · Fort Wayne, IN · Member since 2015 · 49 posts · 12 votes
    10y

    Emily... I'm not a wholesale. .. I'm a buy n hold deal guy with multiple rentals in indiana.. 

    I sorta am the class clown since I beleive in having lots of fun in realeatate.

    If I can be of any assistance please feel free to contact me 

  • Jay ReddingPro Member
    Investor · Fort Wayne, IN · Member since 2010 · 90 posts · 81 votes
    10y

    Emily:

    I agree, Kolin is definitely the class clown :) :) But he knows his stuff.  We are good friends.

  • Residential Real Estate Broker · Fort Wayne, IN · Member since 2014 · 171 posts · 116 votes
    10y

    Get involved with the local REIA group and listen to the "class clown".  I have owned rentals for 15 years, had my real estate license for 5 years and I thought I knew the tricks of the trade...  Then I met Kolin, his methods are not traditional and neither are the results and if you are willing to listen and think outside the box he can teach you how to get into the real estate market with no money.

  • Investor · Bluffton, IN · Member since 2016 · 13 posts · 1 vote
    10y

    Wow that's crazy... I am originally from Redding California myself, and still have family out that way! (My sister attended the Bethel School of Ministry out there). My wife is originally from the area, and we have been out this way for about 7 or 8 years now.  I've really learned to love the midwest... although it took me a while to figure out which way north was without Mt. Shasta in the background lol.  Anyway, welcome!!  :)

  • Redding, CA · Member since 2015 · 9 posts · 3 votes
    10y

    Hahaha John I just posted on your post as well - commenting on the crazy coincidence. I attended BSSM and have been out here for the last 8 years. I'm definitely going to miss Northern California but I look forward to growing in love with the mid west!

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