All Forum Posts by: Josh C.

@Britteny Godar

We are a management company that serves all of Indianapolis. Please reach out if we can help. Also, if you read the posts above those neighborhoods are still very solid. It’s still a great rental market.

Good luck!

@Sean Larsen

Indianapolis is still very good. Not the could do no wrong it was 5 years when I turned down all the rentals in fountain square for 30k each in favor or “less ghetto” areas lol. But still good to buy and the rent to price ratios are much better than most places in the country. I mean Lebron is good every year right?

@Shepard Solomon

Center township is like most of Indianapolis so you'll want to be more narrow. I do like the other three neighborhoods you mentioned. The problem with "pooling" money in Indianapolis is our price points are pretty low so you'd have to buy a lot to make it worth while. Good cash flow and BRRR opportunities still here. FlIppIng can be good here as well and plenty of new cInstructIon happenIng, but mIght be tough beIng out of state. You'd defInately want good local support.

Thanks for reaching out! 😂

Typically the most expensive or worse people will give away quotes on a whole house job. It takes hours and hours to do these. We charge $250 for a quote if it’s not a current client or they are only under contract on a house. That’s fair. Takes lots of time to do them. Only outfits making huge margin (read expensive) or desperate people would spend 4 hours for free. We get 95% of the work we bid because we are fair. Yellow pages contractors with sales teams charge 75% margins, but you’ll see that huge number for free. Good and fair contractors are too busy to waste time running all over giving free estimates.

Penny wise and pound foolish to be afraid of a couple hundred dollar fee on a 30k job.

@Joseph Beazley

Always happy to sit down for a beer or coffee. Let me know if we can help. Indy is a great market.

@Shiloh Lundahl

You already had the answer in your mind and wanted people to agree. You are probably right on the average American college is the best ROI. But BP on average has above average income earners and well above average ambition I'd average. :)

So the answer would be learning and personal development for the BP crew.

Personally I have a great engineering degree I could earn a nice little living on. I hung it on the shelf to be in real estate full time. Also, the return on learning from books and BP has a significantly higher ROI than anything and I've made more money from the motivation and expertise provided here than Purdue ever provided.

But for the fortnight generation in state not private college is probably best. Hopefully in something employable and not sociology or history. My taxes are high enough and don’t want to support more people.

You guys all sound lame. College is a once in a life experience. Needs spent laughing and experiencing things. You’ll never be around that many people in similar situations with so little responsibility. You should always capitalize your opportunities and none better than life long memories. That’s why we all work so hard isn’t? To enjoy life and to provide. You can’t play volleyball and drink beer all day when you are 30 with two kids. I’d say avoid debt, live cheap, and make memories. Keep learning here on BP, but don’t turn your life off because of ambition. Seems foolish to work all the time and not have fun, so one day you can have fun. College is short and not repeatable. Boiler up!

Now once graduation happens and you have money. Still live cheap and get after it.

The standard grind is property management. Then, personal rentals, then flips. Nothing passive though. 😕

@Craig Tripp

What!?! That’s so different than up here. If concrete “heaves” it’s broke and needs jackhammered out and repoured.

Glad a local guy person jumped in to help him out. Thanks for blowing my mind.

Wholesaling doesn’t bother me. The no licensing doesn’t bother me. It’s the fact everyone advising on here told the op to lie. That’s what you have to do? How’s it that a business model you want? Also, yes agents can be horrible cheaters. Sure. So that fine if wholesalers can be too? That’s not a strong argument. Wholesaling can be great. Especially in my area we have lots of trashed out houses and wholesalers help them get off their dead asset and sell to some flipper. Great. And I have met people that do care about more than another 10k they could of got. Just when a local elderly home owner is getting lied to, which is almost certainly the case here, it’s sad. Even more sad when this is their largest asset and they are uneducated.

The only lying most real estate professionals are required to do is smile and “so glad to see you!” And mean it. Lol