All Forum Posts by: Alain Perez-Majul

@Bobby Sharma

The party is still accepting people! As Louise said, it's tight, but deals are there to be found. Also, as Todd mentioned, it's important to do you due diligence and have strong partners locally.

Happy investing!

Cheers 

@Jonathan Tea

PM sent.

@Gail K. and @Sarnen Steinbarth hit it on the head. 

A lot of beginner land lords are just excited to get prospects, and are also anxious to fill the vacancy. However, do not jump the gun! Make sure you're thorough and do proper screening; if not, it'll end up costing you in the long run.

@Jonathan Tea

Hi Jonathan! Indianapolis is one of the top, if not top, rental market in the US. We have a strong and diverse economy, below average unemployment, affordable costs of living and inexpensive property prices, and a state government that is business friendly. I personally know of several turn-key providers in the city, so if it's something you're wanting to know more about, reach out!

@Jordan Shay, I'm a local agent and investor. If you have any questions, don't hesitate to reach out!

Sounds good. If you're considering Indy and are ever in town, let me know how I can help.

Cheers

@Melissa Fourie like it was mentioned, a lot of people vary in their A-C or A-F classification. I have holds in Eagledale by the track on the west side (3/1's) that rent for around $750, and I would consider this area to be C properties. The properties that Shawn mentioned he sold I would probably consider D or F's. I would consider newer properties from the 90's and 2000's that are 3/2's (what you see American Homes for Rent renting out) and are your stereotypical subdivision home to be B's. Anything above that, the very nice homes commonly found in the suburbs or certain pockets of Indy, to be A's.

I second @Sterling White's suggestion of neighborhoods, but again, depends on the type of investing you are looking to do. Some people like sticking strictly with A's, or B's, etc. 

@Scott McGhee I think it depends where you look in these areas. Not sure I would consider anything in Beech above a B, and Greenwood has a wide array, from A's to C's.

Hey @Evan Burke, welcome!

Sounds like you're on the right path! Where are you looking to invest? Will you be investing in Bloomington, or elsewhere in Indiana?

Welcome @Tatski T.!

Indy is a fantastic market to invest in! So welcome to our neck of the woods lol. Like Shawn, I am also local, and if there's anything I can do to help, lemme know!

Cheers

Hi @Darren Finney!

First off, thank you for your service, and welcome back home (in a couple months). The Indy and surrounding areas are an awesome place to be when it comes to REI, and the goals you have in mind upon your return sound exciting. I am also a local investor and broker- among many here on the site, a lot more experienced than myself- and am available to help in any way I can.

Cheers