All Forum Posts by: Khoa Ngo

Hey Thuy! 

I am from Denver Colorado and currently in the same position as you. However, I do have family that lives in Indiana and I am visiting the end of April. I also was looking at T&H Realty (Most and highest reviewed) for a PM company but their prices are pretty high. My justification is because I am out of state, it might be worth the extra cost for peace of mind. 

Currently, I am also looking for a trustworthy contractor for a long term relationship in Indiana. Definitely making great strides to building a team in Indiana. 

Let's connect because I would love to share resources and thoughts especially because it seems we are both in such similar situations and from the same state! I will let you know if I find a reliable and trustworthy contractor! 

Also what rates did you get from the Colorado lender? I am working with an Indiana lender right now and would like to see if I am getting good rates. 

Have a wonderful day Thuy!

@Bill S. Thank you so much for the candid response. I understand that if it's tough for developers to implement however what I find strange is that you cannot seek assistance on the forums. My first post was deleted because I was directly asking for agent recommendations. The mod contacted me and told it was so they can limit other agents from self-advertising. However, if I am openly asking for agents, I don't see why that should be against the rules (especially since biggerpockets agent search is essentially useless).  Luckily I had a user PM me and have found a great Agent! Now onto the mission for a trustworthy contractor. Again, thank you for taking the time to give me an alternative way of searching!

Hello all! I am from Denver Colorado but I have family that lives in Indianapolis. Since my back yard is not a good place to invest right now I have been heavily looking at Indianapolis/Fort Wayne. I will be able to visit a few times a year and coming in April to look at properties. Currently, I have 50k for downpayment/rehab however can push it higher if the property is a great deal. My cap would be 150,000 for this first investment home. I am not looking to flip and sell, my goal is to have multiple properties that that has a positive cash flow. I will 100% hire property management since I am out of state.  

I have been reading books, listening to podcast and looking at houses obsessively. I decided that I just need to take that dive or else I won't ever do it. I have so much regret not investing in more property in Denver. My current predicament is building a reliable team in Indiana. I have contacted about 5 agents that are all 5 stars reviewed and still haven't had anyone that seems to have my best interest. I tried using Bigger Pockets Agent search but that user interface is horrible (you can't filter anything). I want to buy multiple properties if my first investment home works out, however, I want to build a meaningful relationship with the people I work with. Do you guys have any advice in terms of building a team? Getting in touch with the right people?