All Forum Posts by: Account Closed

Greetings Indy Investors

I've been doing quite a bit of research on the Indianapolis area. (I'll be paying a visit soon as I'm OOS). I'm having a hard time understanding the following townships: Pike, Washington, Lawrence, Warren, and Franklin.

Specifically:

• What types of jobs are there and what are the major companies (if any)? (Manufacturing, retail, etc.)
• What types of tenants live there? (Settled family, single, etc.)

Do any of you invest in those areas? If so, what's happening there that made you decide to invest in those areas? What kind of property is it (SFR, MFR)? How have they performed for you?

Thanks in advance!

@Tiffani T. In Ballard. I don't have a timeline of moving since it's highly dependent on when I'm asked to go into the office for work (I got a new job OOS). At this point it's a rent vs sell type situation for me.

@Tiffani T. I never thought of that and it's a great idea to consider. Thanks!

@Brian Arnold Do renters typically have a preference between an apartment management company vs a single owner? I'm asking in response to your statement that condos and apartments are different.

Hello Seattle Investors

I currently own and live in a condo in Seattle. I'll be moving out at some point this year and was contemplating renting it out. I was curious if anyone here owns condos in Seattle (~750 sq ft) and what the vacancy rates and asking rent prices have been. Have you been making concessions? Have your asking rents been going down?

Do you have a consistent method to place a quantitative/intrinsic value on Bitcoin (and therefore margin of safety)? At least with REI, you have a lot of comparables to go by to value the property in question.

I'm a new investor myself, and I am most certainly not going to take that risk for my first rental. Skills of tenant screening, performing due diligence on a neighborhood and property, understanding the macro-level economics, and even managing a PM take time to acquire as I'm learning more about it myself. My understanding is that tenants can really make or break your REI experience.

Speaking from an investor's POV, I'd like to see all the inputs/assumptions organized on a sheet. I'd also like a summary table that shows the expected returns that I'd get. After all, I'm giving someone money to get more back. How much is it, and how confident am I in your numbers/assumptions? Do I believe in you / your team's integrity and capabilities? Where are the numbers to show market demand for this project?That's the bottom line for me as an investor.

I'm new to REI, so take what I say with a grain of salt.

You need to quantify and qualify the amount of risk you're willing to take. Leverage is a double edged sword and can really screw people over if they're not careful. If you leveraged all your properties (primary residence and rentals) and the market tanked tomorrow, would you be able to hang on to all your assets to weather the storm? "Storm" being high vacancy rates, maybe negative cash flow, and reduced asset value for some amount of time.

@Susy Gordon Thanks for pointing these to me. Hope your search is going well!