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All Forum Posts by: Gloria N Gear

Gloria N Gear has started 0 posts and replied 403 times.

Post: First deal, just jump in and get feet wet or hold out?

Gloria N Gear
Posted
  • Realtor
  • Indianapolis IN
  • Posts 422
  • Votes 319

Hi Collyn,  I am from Indy as well and would be glad to help you research the different neighborhoods.  Also, if you can - join the local investor group meetups, I have learned a lot in INREA and CIREA.

Post: Newbie in Indianapolis

Gloria N Gear
Posted
  • Realtor
  • Indianapolis IN
  • Posts 422
  • Votes 319

Hi Caleb, make sure you check out the local investor groups -- especially INREA and CIREA.

Post: Indianapolis Home Inspectors

Gloria N Gear
Posted
  • Realtor
  • Indianapolis IN
  • Posts 422
  • Votes 319

I also highly recommend Jim Schwarz - his background is HVAC, so he is especially good with that.  Another couple that I like for investment properties is Markham Inspectors, they are a father/son team that can get into properties fast if you are on a time crunch.  And Joe Holland Inspections -- he has a background in construction.  PM me if you need contact info for any of them. 

Post: Networking in the Indianapolis area.

Gloria N Gear
Posted
  • Realtor
  • Indianapolis IN
  • Posts 422
  • Votes 319

Hi Tony,  Welcome to Indy -- I have lived here for 7 years and done real estate & investing here for 3 years.  Would love to talk with you.

Post: Newbie From Seattle Looking For Out-of-State Markets

Gloria N Gear
Posted
  • Realtor
  • Indianapolis IN
  • Posts 422
  • Votes 319

Hi Evan, I am a realtor in Indy that has worked almost exclusively with Investors for 3 years now.  For what you are looking for, you need to be in the townships around the edge - Wayne, Pike, Perry, Franklin, and Lawrence are my favorites -- rents are between $1000-$1250 for 3/2 -- prices are between $100K-$150K but very competitive, so you have to jump fast and be connected so you get off market deals.  Outside of Indy, look at Brownsburg, Avon, Plainfield, and Greenwood -- prices are higher, but so are the rents.  Be glad to connect with you if you would like.

Post: General Contractors in Indianapolis

Gloria N Gear
Posted
  • Realtor
  • Indianapolis IN
  • Posts 422
  • Votes 319

I am personally working with Hoosier Custom Construction - Bryant Burdine, he has been wonderful fighting some permit issues for me.  Would recommend Triple E Property management as well.  I also like AMG Property Management if you would like to add them to your list.  Direct message me if you would like phone numbers.

Post: Cashflow in -A- neighborhoods? Indianapolis area-Fishers,Carmel

Gloria N Gear
Posted
  • Realtor
  • Indianapolis IN
  • Posts 422
  • Votes 319

Hi Samm,  I am a RE agent in the Indy area.  A few of my investors have a couple of properties in Carmel/Fishers area, and while it is a highly desirable area, you are going to have a hard time getting close to 1%.  Even in those areas, rents are not much more than $1500-$1800 on houses that sell for $200k-$250k.  And most people that are renting in that area are short term because they are professionals just moving into the area and are temporary until they find a house to buy.  I would suggest west side of Indy -- Brownsburg, Avon, Plainfield or south side - Greenwood -- still B / B+ neighborhoods with great schools but you will get closer to your 1% rule.  Or even better is the townships - B/C neighborhoods-- Wayne, Pike, Franklin, Perry are my favorites.  Obviously I love talking investments in Indy -- send me a message if you would like to talk more.

Post: DES MOINES / INDIANAPOLIS AGENTS

Gloria N Gear
Posted
  • Realtor
  • Indianapolis IN
  • Posts 422
  • Votes 319

Hi Thomas!  I am an agent in Indy and 90% of my business is with investors.  Would be glad to talk.  Send me a message.

Post: New to BP and Real Estate Investing!

Gloria N Gear
Posted
  • Realtor
  • Indianapolis IN
  • Posts 422
  • Votes 319

Hi Dexter, I would love to connect with you.  I am a realtor here in Indy that mainly works with investors.  If we can have a voice call, I can give you the overview of the different areas and then based on what you are looking for, plug you into the community and help you find a team that fits your needs.

Post: Indianapolis Property Manager Recs

Gloria N Gear
Posted
  • Realtor
  • Indianapolis IN
  • Posts 422
  • Votes 319

I am in the middle of a deal with Ellen Stewart from that company right now and very impressed with her.  

Also, I would recomend Gayle Adkin with AMG Property Mgt, if you would like a second option. 

I live here in Indy, so let me know if I can help you with anything else.

(It wouldn't let me put their contact info here, so I messaged you that info).