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All Forum Posts by: Blake Merrell

Blake Merrell has started 2 posts and replied 32 times.

Post: Blake from Indianapolis, Indiana

Blake MerrellPosted
  • Investor
  • Indianapolis, IN
  • Posts 34
  • Votes 7

Thanks for a conducive environment to learn and grow BP. I am in my mid-twenties and love real estate. I love every aspect of a flip. I grew up in a family business related to contracting, farming, and municipal water treatment (www.merrellbros.com). I like working for the family, but dread the idea of a career of what I am doing now. I travel 75% of the year currently, working at whatever large project sites we have that season. Flipping and cash flow properties have been my dream and I am positioning myself to get started. I finished my real estate broker education hours and will be taking the state exam soon (once I am home between project sites). At that point I want to become a Realtor, while flipping, and renting cash-flowers. (Realtor title will provide me access to MLS, as well as helping me network, and expand my real estate involvement, plus I might sell a house every now and then.)

Purdue 2011 Econ Grad

Experienced at numerous types of commercial construction. 

Looking forward to learning and sharing and improving myself here on the BP site.  

Post: Where and how to invest?

Blake MerrellPosted
  • Investor
  • Indianapolis, IN
  • Posts 34
  • Votes 7

Logan, 

Great post! We are similar, but at opposite ends of the spectrum. I too am in my mid twenties, not married, living like a bum (My food bill per week is about ~$35.00). I am in Indianapolis. Our only difference is that I know exactly what type of real estate investments I want to get into, but I am not financially prepared quite yet. I have $50,000 saved, but want $100k before I quit the family business and start REI full time. Another year and I should be set! I will buy my first flip and never look back.

I love flipping, construction, etc. so will flip for fun (+profit!), while keeping the easy-to-rent cash flow properties for myself. Once I prove I am capable of this my family business will likely back me to continue in my endeavors (and in return will get some of the meat on the bone!) 

Cheers to being single and taking risks while we are young! 

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