All Forum Posts by: Josh Sohar

I would schedule interviews with any that you are interested in. All the companies offer you the same basics, you need to decide where you feel most comfortable.

That's a tough question, it depends on so much. How dilapidated is it? Are there structural problems? Does it need a full re-wire on electrical? How old is it? Foundation issues? Cosmetic issues? What do other apartment buildings look like around it? I would suggest reading J Scott's book on how to estimate rehab costs. Josh

Buy and hold**

There are multiple strategies one could use here as you described. Depends on what you want to do personally. Does your current job situation allow you to save up enough in 10 months for a down payment on a home for your family? If not, maybe flipping would be a good way to get the capital you need for that. If you can raise the funds for the down payment, then maybe a bit and hold situation would be a better long term plan. However, make sure you want to be a landlord or are willing to pay for a PM. What would this property cash flow per month? Run the numbers in multiple scenarios to see. Good luck! Dividing the lot is potentially a lot of work and money and not sure how easy that is to do I. Your county, but I'm not the expert.

Hey Bradley! Welcome to the bigger pockets community! I am also a beginner in REI in the Indianapolis area. I currently hold my real estate license in referral as I have a full time job. (I too had a semi disastrous start to my real estate career) I am here ahead of my starting out point to learn as much as possible!! Reach out if you need anything or just to bounce ideas off of.

I would say Zillow is not a very reliable source of information. Also, explain what makes this a "deal'? I wouldn't count on appreciation to make my money in 2-3 years with a tenant buyer. (Which sounds like your plan, please correct me if I'm wrong) The selling price is already at the high end of the comps and there's still $10k+ in repairs that need to be done.

Hi Angela!

Welcome to BP!! There's lots of great info on here!

I am in the Greenwood area. I am also new to some of this but have my real estate license and am wanting to enter the world of real estate investing (mostly flipping). I would be interested in learning more about your game plan and maybe what deals we could work. I also have many great Realtor contacts that I can help with!

Feel free to contact me

[email protected]

Ryan, I have a good buddy of mine named Brandon Sharp that is a Realtor in the South Bend/Elkhart area. He also grew up around there and knows the area very well.

Message me and I can get you more info.

Thanks guys! Look forward to meeting a lot of you and hopefully making great things happen in this area!!!

Adam Kent thanks! It will be great to be able to network with people in this area! Cary Trusty r Thanks again for linking me up! Always great to see ya bud! Yeah I setup some keywords already. And don't worry no judgement on my part!!!