All Forum Posts by: Account Closed

@Megan Krekorian

Where in Indy does Anthony own 410 units? 

@Jameson Drew

I glad to see everything is doing great! The PM is the number one key in my opinion. 

If you had 100% success on all your properties I'd ask what was your secret. 

Best of luck to you and I hope you find a lot more deals like this one!

@Jameson Drew

First, Congrats on the purchase!, Great find. The only thing that popped in my mind was you said you haven't heard a peep out of the tenants. My questions to you are:

1. When was the last time you came out to see the property or when was the last time someone, aka your PM, went to look at the property? If it was your PM did they send you pictures of what the prop looks like?

2. When was the last time someone put eyes on the inside of the property? Do you have routine maintenance done? Furnace check, change filter, A/C checked, gutters cleaned, snow removal, etc. 

Please don't take my questions in a bad way but I see a lot of out of state RE investors buy out here and then just look at there operating reports from their PM's and forget to  consider what the appearance of the property, inside and out, may look like 2 yrs later. 

Tenants being quite may or may not be good thing. 

@Robert Taylor and @Deisha Washington

Welcome to BP. This is a very informational site. You will learn a lot here.

Locally I advise you both to go to all the meet ups around Indy. Cireia, Inreia, @Taylor Jennings has a great meet up, and @Jacob Blackett is having a meet up next week. 

You can find all of these meet ups, dates and times, at meetup.com. 

Have fun learning and investing. 

@Alain Perez-Majul

Alain buddy, a $4K spread is NOT worth it. It is not worth the time or headache. There are better deals to be had out there. Go after those. 

@Brett Ahern

If you are going to look into TK's then I strongly suggest that you look for a TK company that has a qualified PM- Property Management company. Not all do, even though they like to play as if they do. This, in my opinion, will be your key piece. I don't care what city you're buying in, without a great PM you might as well just take a flame to your money and burn it. All PM's have problems, you want to find the one that has the least amount of problems. 

You may also want to check out Turnkey-Review website. It will give you a good reference point for TK providers.

http://turnkey-reviews.com

If you are looking into the Indianapolis area then I suggest you reach out to @Account Closed. Joey is an out of state investor, who has done extensive research into the Indy market. 

@Mike D'Arrigo is another good source of information and I would be more then happy to answer any questions that you might have. Feel free to reach out to me. 

@Christopher Manus

There is a meet up tomorrow, if you can make it. @Taylor Jennings is holding it. 

Here is a link for it. 

http://www.meetup.com/Real-Estate-Investing-in-Ind...

You will meet a lot of wholesalers along with other investors. 

@Stephen Lofthus

Reach out to @Don Harris. You can find him on here. He may be able to assist you. 

@Chad Schriefer

Thanks for the reply. I was just curious. 

@Chad Schriefer

Are you affiliated with Dustin Rose?