All Forum Posts by: Beau Benjamin

Thanks Manolo.  I have read j Scott's book and I have a property that I need pricing on.  However I'm an IT executive during the day so I need a GC to help expedite the process.  If you or anyone else has a referral it would be much appreciated.  

Thank you

Does anyone have a good recommendation for a general contractor that is capable of providing walk through estimates for a flip in the Carmel area?

Indy Indianapolis Indiana

I downloaded the meet up app and started joining groups that the REIA members are a part of.

Pillar to Post is awesome as well. If they can meet your date they do amazing work.

Can anyone refer me to a good real estate investment CPA in Indy?

I particularly am interested in assistance with a SDIRA to transfer my 401k assets into.

Thank you!

I don't have the money/connections to purchase a bulk lot like this, but I would like to tag along with anyone that makes a deal for the Indiana properties (especially if they are in/around Indianapolis).  

I don't mind offering my time/energy to learn how a large scale deal like this works out.

I use Pillar to Post.  I am never let down by their service.

Originally posted by @Account Closed:

@Beau Benjamin

What kind of cap rates and returns are you getting in North Indy?  Those are A+ neighborhoods!  Home costs are easily $125k+?

I am getting 4-5%.  I'm just starting out and investing in what I know (as well as turning a liability (my first house) into an asset).  As I continue to grow I will expand and seek out higher cap deals.

I think it heavily depends on your goals of investment. If you have a certain amount of cash to invest that may limit where you can look. Also who are your target renters? The closer to broad ripple the more renters there probably are but also the more maintenance you'll have to do between renters due to their likely age range and lifestyle choices. I don't know the specific area you are speaking of but I strongly believe you should take the time to determine your niche before buying the first property. It will help you stay focused and not just buy the first thing that comes along.

I live in the northern suburbs of Indianapolis (Zionsville, Carmel, Westfield, Noblesville) and am looking to grow my rental portfolio.  I've done the basics with traditional financing, but want to start learning and exploring more about creative financing and multi-family properties.

I'm hoping to find someone that wants to be a partner, mentor, investor in my next deal.