All Forum Posts by: Adam Homan

Investment Info:

Single-family residence buy & hold investment in Indianapolis.

Purchase price: $120,000
Cash invested: $5,000

This is the first home I ever purchased for myself. I bought it with the intention of turning it into a rental property. We lived in it for 11 years and it has been cashflowing ever since.

What made you interested in investing in this type of deal?

I had always wanted to have rentals.

How did you finance this deal?

Traditional 30 yr fixed.

How did you add value to the deal?

Interior updates and curb appeal.

What was the outcome?

So far, so good.

Lessons learned? Challenges?

I wish I would have moved out of it sooner and bought a second, third, or even fourth one.

Did you work with any real estate professionals (agents, lenders, etc.) that you'd recommend to others?

When I bought my new house, I worked with Drew Schroeder.

I'll give it a shot. Thanks for the tip.

Any of you guys know of property managers in St. Mary's, Ohio? I'm from Ohio originally and am looking to invest in that area. 

Sorry to hijack this thread, but I keep striking out elsewhere and thought I would check with people that are responding to Lima area posts.

@Calvin Niese good luck in the dumpster business.

Thanks.

Sorry to hijack this thread, but do any of you know of any property management companies that handle St. Mary's? I've tried the Dayton and Columbus forums with no luck.

I'm assuming (hoping), @Corey Woodruff, that if you are looking in Lima, Troy, and Dayton, that you may be looking for property management as well. So hopefully this isn't a total hijack.

Good luck in Ohio.

I've got some properties that I am specifically looking at in St. Mary's. If you have anybody in that area, I'd love to know about them.

I've tried the Dayton and Columbus forums with no luck, so I thought I would try a broader area.

I'm looking to talk to any property managers in the St. Mary's, Ohio area. I'm originally from the area and looking to invest, but I live out of state.

Please contact me with any suggestions or if you do this yourself.

Thanks.

Anybody out there on this one?

Anybody out there on this one?

I'm considering investing in rental properties in the St. Mary's, Ohio area. I am interested in speaking with any property management companies that cover that part of the state. If you are property manager in that area, I would like to speak with you. I would also appreciate any recommendations from the BP community.

Thanks.

I'm considering investing in rental properties in the St. Mary's, Ohio area. I am interested in speaking with any property management companies that cover that part of the state. If you are property manager in that area, I would like to speak with you. I would also appreciate any recommendations from the BP community.

Thanks.